In May 2024, the European Accounting Association (EAA) established the Public Sector Accounting Committee (PSAC) to strengthen the role of public sector accounting within the broader accounting field. The EAA PSAC’s mission is to embed public sector accounting at the core of the accounting ecosystem by providing a nexus among academics, research networks, practitioners, and standard setters in the public sector accounting arena, to promote high-quality research, standard-setting, and public financial management and policymaking.

The EAA PSAC is committed to promoting and facilitating public sector accounting research; participating – also through ad-hoc task forces – in public consultation processes that are relevant to public sector accounting standard setting (e.g. IPSASB Exposure Drafts); networking with other accounting research groups and communities; and planning and organizing online activities and symposia at EAA conferences to discuss timely topics and stimulate debates between academics and practitioners. More information about the EAA PSAC is available at https://eaa-online.org/public-sector-accounting-2/.

In line with its mission, the EAA PSAC plans to involve public sector accounting scholars in drafting theoretically sound, research-based documents. These documents may be developed independently or in response to requests from bodies such as the IPSASB, providing theoretical insights and empirical evidence for consultation papers and exposure drafts. Importantly, the documents issued by the EAA PSAC reflect only the views of their signatories, not the collective perspective of the wider research community nor the opinions of the institutions affiliated with such signatories or of the European Accounting Association.

The contributions of the EAA PSAC are the following: 

December 2024 –Exposure Draft (ED) 91, Limited-scope Updates to First-time Adoption of Accrual Basis International Public Sector Accounting Standards (IPSAS) (Amendments to IPSAS 33) 

The EAA PSAC provided comments on the Exposure Draft 91: Limited-scope Updates to First-time Adoption of Accrual Basis International Public Sector Accounting Standards (IPSAS) (Amendments to IPSAS 33)

This comment letter has been prepared by the EAA PSAC*

To access the letter click here.

November 2024 – Exposure Draft 90: Amendments to IPSAS as a result of the application of IPSAS 46 – Measurement

The EAA PSAC provided comments on the Exposure Draft 90: Amendments to IPAS as a result of the application of IPSAS 46 – Measurement

This comment letter has been prepared by the EAA PSAC* with contributions from Marco Bisogno (Department of Management & Innovation Systems, University of Salerno, Italy) and Josette Caruana (Faculty of Economics, Management & Accountancy, University of Malta, Malta).

To access the letter click here.

*The EAA PSAC is currently chaired by Sandra Cohen (Athens University of Economics and Business, Greece), with Eugenio Anessi-Pessina (Università Cattolica del Sacro Cuore, Italy), Isabel Brusca (University of Zaragoza, Spain), Susana Jorge (University of Coimbra, Portugal), and Mariafrancesca Sicilia (University of Bergamo, Italy) as members.