Since the adoption of the International Public Sector Accounting Standards (IPSAS) in 2006 by the United Nations system through High-level Committee on Management (CEB/2006/3), twenty-one organizations across the United Nations system have completed IPSAS implementation successfully and obtained unqualified audit opinions on their first and subsequent IPSAS-compliant financial statements.
Please note: only publishing dates after March 2013 may be considered reliable.
Pages tagged with IPSAS
Date published
Recognizing that the introduction of International Public Sector Accounting Standards would place new emphasis on the value of an organization’s assets and thus presented an opportunity to assess potential best practices, particularly with respect to capital budgeting which would facilitate the structuring, financing and monitoring of capital investment activities, and with a view towards addressing greater harmonization in United Nations system budgetary practices, the High-level Committee on Management Finance and Budget Network established a working group during the reporting period to d
Evaluation; Regional coherence; Campaign to end violence against women and girls; Contribution of the United Nations system to the Economic and Social Council; Disaster risk reduction; Science and technology; International Public Sector Accounting Standards; Knowledge-sharing; Human resources; Procurement; Collaboration with the Joint Inspection Unit; Coordination among pillars of the United Nations System Chief Executives Board for Coordination
During the reporting period, system-wide support towards implementation of the International Public Sector Accounting Standards (IPSAS) had brought important activities to fruition. In particular, an 18-course training suite has been completed and made available to United Nations system organizations, some of which have already started to deliver courses based on the materials provided.
System-wide coherence; Enhancing the contribution of the United Nations system to the Economic and Social Council; Second United Nations Decade for the Eradication of Poverty (2008-2017); Science and technology; Support to staff in emergency situations; Human resources; International Public Sector Accounting Standards; Financial management; Procurement; Information and communications technology; Collaboration with the Joint Inspection Unit.
The adoption of the International Public Sector Accounting Standards (IPSAS) was recommended by the High-level Committee on Management to improve the quality, comparability and credibility of financial reporting across the United Nations system. In 2006, the General Assembly, by its resolution 60/283, approved the adoption of IPSAS by the United Nations. IPSAS are independently developed financial reporting standards that are considered best practice for public sector entities.
Harmonization of business practices; Security and safety of staff; International Public Sector Accounting Standards.
During 2010/11, the United Nations System Chief Executives Board for Coordination (CEB) intensified its efforts to align the strengths and expertise of its member organizations to respond to the mandates of Member States in a coordinated and effective manner. The adoption by the General Assembly of its resolution 64/289 has been an important directive for the United Nations system in further strengthening the coherence of its system-wide efforts, as detailed in the present report.
General Assembly resolution 62/208 called on the United Nations system to strengthen interdepartmental and inter-agency coordination to ensure an integrated, coherent and coordinated approach to assistance at the country level. Towards this end, the United Nations Development Group continued to provide dedicated support to country preparations of United Nations Assistance Development Frameworks during the reporting period.
The United Nations system is increasingly using International Public Sector Accounting Standards (IPSAS) as an instrument to improve the quality of financial reporting, thereby increasing transparency and accountability. Twenty-four organizations of the United Nations system are now implementing IPSAS (with the Joint United Nations Programme on HIV/AIDS being the latest implementing organization). Thirteen organizations, with adoption dates ranging from 2012 to 2014, are currently in the process of IPSAS implementation.
Harmonization and simplification of business practices; International Public Sector Accounting Standards; Safety and security of staff.
Eight organizations (International Civil Aviation Organization, International Maritime Organization, International Telecommunication Union, Pan American Health Organization, UNESCO, United Nations Industrial Development Organization, World Intellectual Property Organization, and World Meteorological Organization) in addition to WFP, which has been IPSAS-compliant since 2008, were targeting IPSAS implementation as of 2010.
Since the adoption of the International Public Sector Accounting Standards (IPSAS) in 2006 by the United Nations system through High-level Committee on Management (CEB/2006/3), 21 organizations have completed their IPSAS implementation successfully, with 10 of them issuing their first IPSAS-compliant financial statements for the year ended 31 December 2012 and obtaining unqualified audit opinions in 2013.
Since the adoption of the International Public Sector Accounting Standards (IPSAS) in 2006 by the United Nations system through High-level Committee on Management (CEB/2006/3), 21 organizations have completed their IPSAS implementation successfully, with 10 of them issuing their first IPSAS-compliant financial statements for the year ended 31 December 2012 and obtaining unqualified audit opinions in 2013.