IPSAS Practical Guidelines Position Paper — English
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Africa’s journey towards accrual-based financial reporting is well underway, but progress is uneven and hampered by a critical gap: the absence of context-sensitive application guidelines. At the 2025 IPSASB Standard Setters Forum in Lisbon, African and Middle East delegations raised concerns about the lack of IPSAS implementation support. Unlike IFRS, where entities benefit from extensive implementation resources, IPSAS practitioners often face ambiguity in applying complex standards to real-world situations. IPSASB acknowledged this gap but highlighted its resource limitations.