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BackTo begin with, it has to be pointed out that concerning the suitability of IPSAS for the budgetary rights of the Member States of the European Union, many Member States, including Austria, already orientate their budgetary rights towards individual IPSAS.
Adopting individual standards - parallel to the classic financial accounts - could provide individual Member States with relevant information on the income statement and the financial standing of a Member State.
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Alice Niklas
Contact by emailMichael Heiling
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