The accrual IPSASs are based on the International Financial Reporting Standards (IFRSs), issued by the International Accounting Standards Board (IASB) where the requirements of those standards are applicable to the public sector.
The adoption of IPSASs , cosnsidering NAF, by IAMD COE, improves both the quality and comparability of financial information reported by the Centre to its Steering Committee enhancing trasparency and reliability.