IPSASB

IPSASB, or the International Public Sector Accounting Standards Board, is a global organization that develops and promotes standards for how government entities and similar organizations prepare and present their financial statements. Its goal is to ensure transparency, consistency, and accountability in public sector financial reporting, making it easier for stakeholders—such as citizens, policymakers, and donors—to understand financial information and compare performance across different governments and agencies. These standards help improve trust and effectiveness in managing public resources by providing clear, comparable, and reliable financial data.