Evaluation of International Public Sector Accounting Standards Board Contribution Program

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In Figure 1 a logic model is presented of the IPSASB Contribution Program. It begins with three main activities which are:

Development of public sector accounting standards;
Research and preparation of information or consultation documentation; and
International-level committees and consultation processes which focus on the development of accounting standards.

These activities are intended to lead to:

The publication of accounting standards for use or reference by accounting and auditing IPSASB member organizations worldwide;
Circulation of IPSASB Committee information and consultations papers for use by accounting and audit professionals in Canada and worldwide;
Circulation of minutes of IPSASB Committee meetings containing discussion and consensus briefs.

In the short term, the expected outcomes of the IPSASB Contribution Program are:

That IPSASB member countries would participate in the development of public sector accounting standards;
There would be increased Canadian participation in the development of international public sector accounting standards.

The intermediate outcomes of the IPSASB Contribution Program are the following:

High quality public sector accounting standards that are adopted and implemented by member countries; and
Increased visibility for Canada's contribution to international public sector accounting standards.

The intermediate outcomes are expected to lead to the following long-term outcomes:

Convergence of international accounting standards;
Strengthened public policy debate and decisions based on relevant financial information; and
Strengthened public confidence through enhancement of quality and transparency of public sector financial reporting.

These will support the achievement of strategic outcomes at the departmental level in terms of strengthened financial management, strengthened financial reporting and consistent departmental information.