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Public Interest Committee (PIC)

 

The International Public Sector Accounting Standards Board (IPSASB) is the international independent board that develops International Public Sector Accounting Standards (IPSASs). The IPSASB's operations are facilitated by the International Federation of Accountants (IFAC).


The Public Interest Committee (PIC) was created in 2015 following a public consultation
, to ensure that the public interest is served by IPSASB in its standard setting activities.


The PIC provides recommendations on the terms of reference of the IPSASB; the arrangements for nomination and appointment of IPSAB members; and procedures and processes for formulation of the IPSASB’s strategy and work plan, and development of IPSASs.  The functions of the PIC are defined in its Terms of Reference.


The PIC is comprised of individuals with expertise in public sector or financial reporting, and professional engagement in organizations that have an interest in promoting high-quality and internationally comparable financial information. It is currently composed of four members and is assisted by a secretariat.  


The PIC meets at least annually to form recommendations and review progress against previous advice.

Survey of IPSASB Oversight Arrangements

The Public Interest Committee is undertaking a review of the current oversight arrangements for the International Public Sector Accounting Standards Board (IPSASB). This is in line with the 2015 Recommendations of the International Public Sector Accounting Standards Board Governance Review Group.

As part of the review, the Committee is launching this public consultation through the Survey on IPSASB Oversight Arrangements. We invite you to complete this Survey. The Survey consists of six concise questions. Your responses will be an important source of input for the Committee in carrying out the review and the Committee is seeking input from a wide range of stakeholders.


We ask you to submit your responses by 24 February 2020 to: PublicInterestCommittee@oecd.org


Please select only one checkbox for each question. Each question allows for additional comments and explanations as necessary.  For further assistance in completing this questionnaire please contact: PublicInterestCommittee@oecd.org

 

 

Past meetings and minutes

March 2015, Paris, Organisation for Economic Co-operation and Development (OECD)

September 2015, Washington, World Bank 

March 2016, Paris, Organisation for Economic Co-operation and Development (OECD)

March 2017, Paris, Organisation for Economic Co-operation and Development (OECD)

October 2017, Washington D.C., International Monetary Fund

February 2018, Paris, Organisation for Economic Co-operation and Development (OECD)

October 2018, Teleconference on the due process for the IPSASB Strategy Consultation 

March 2019, Paris, Organisation for Economic Co-operation and Development (OECD)

Upcoming meeting and agenda

 

Related documents

Letter to Nominating Committee, 18 October 2018

IPSASB Due Process and Working Procedures - June 2016

2015 IPSASB Governance Review Group

Contact us

PublicInterestCommittee@oecd.org

 

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