Government Accounting Rulemaker Keeps Sustainability Top of Mind

The International Public Sector Accounting Standards Board asked for public feedback Tuesday on its strategy for the next five years, centered on sustainability reporting.

The board decided this year to develop public-sector sustainability reporting standards and has started to write climate-reporting rules. Its standards are used by governments and public bodies globally.

• The rulemaker proposes to concentrate on sustainability reporting between 2024 and 2028, after prioritizing new accounting rules for areas including leasing and revenues over the past five years. In June, the board said it would advance its first sustainability reporting standard on climate, scheduled for final approval in ...