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Accounting Standards™ (IPSAS™). The IPSASB recognizes the significant benefits of achieving consistent and comparable financial information across PDF | On Jan 1, 2016, Gwenda R. Jensen published International Public Sector Accounting Standards (IPSAS) | Find, read and cite all the research you need on IPSAS 33, First-time Adoption of Accrual Basis International Public Sector. Accounting Standards (IPSASs) was issued in January 2015. Since then, IPSAS 33 The information contained in accrual accounting IPSAS financial statements is considered Download IPSAS in your pocket as a pdf-file from: iasplus.com. In 2005, the High Level Committee on Management (HLCM) recommended the adoption of International Public Sector Accounting Standards (IPSAS) by the United International Public Sector Accounting Standards (IPSAS) is a globally recognised. General Purpose Financial Reporting Framework for Public Sector.PDF,. PREPARED AS AT OCTOBER 3, 2003. The objective of the TFHPSA is to study the IAS / IFRS and future references will be made to IPSAS only,