IPSASB and GSSB seek comment on exposure drafts

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The International Public Sector Accounting Standards Board (IPSASB) has released Exposure Draft (ED) 84, Concessionary Leases and Right-of-Use Assets In-kind (Amendments to IPSAS 43 and IPSAS 23), for comment.

It proposes amendments to International Public Sector Accounting Standard (IPSAS) 43, Leases, on accounting for concessionary leases, as well as new guidance on right-of-use assets in-kind and consequential amendments to IPSAS 23, Revenue From Non-Exchange Transactions (Taxes and Transfers), according to a news release.

The feedback received from the Request for Information (RFI), which helped shape ED 84, is summarised in the feedback statement.

"In light of the responses to the RFI, the IPSASB decided to propose new guidance on concessionary leases and right-of-use assets in-kind," said IPSASB Chair Ian Carruthers. "The proposals in ED 84 will provide new guidance that will enhance transparency, accountability, and decision-making in the public sector."

The comment deadline is 17 May. Comments can be submitted online. The proposals in the draft may be modified in light of comments received before being issued in final form.

GSSB requests feedback on biodiversity draft

The exposure draft of the revised Global Reporting Initiative (GRI) Biodiversity Standard has now been approved by the Global Sustainability Standards Board (GSSB), the independent standard-setting body of GRI, and is available for public comment, a GRI publication said.

The objective is to test the clarity, feasibility, completeness, and relevance of the drafted standard, the publication said. This exposure draft is intended to replace GRI 304: Biodiversity 2016.

The standard will enable an organisation to publicly disclose its most significant impacts on biodiversity and how it manages them. This disclosure enhances transparency of the organisation's impacts and increases organisational accountability, the publication said.

The draft is published for comment only and may change before official publication. The comment deadline is 28 February.

Comments can be submitted through the online questionnaire or by email to

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