Comparative analysis between IFRS 9 and IPSAS 41 Financial Instruments

Abstract. The widespread use of IFRS accounting standards often creates the impression that financial reporting revolves solely around corporate interests and profit-driven entities. However, accounting standards are also essential in other sectors, particularly those serving public interests. This...

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Main Author: Martin Nikolov
Format: Article
Language:Bulgarian
Published: Knowledge and business 2025-06-01
Series:Икономика и компютърни науки
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Online Access:https://eknigibg.net/ojs/index.php/ecs/article/view/23
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author Martin Nikolov
author_facet Martin Nikolov
author_sort Martin Nikolov
collection DOAJ
description Abstract. The widespread use of IFRS accounting standards often creates the impression that financial reporting revolves solely around corporate interests and profit-driven entities. However, accounting standards are also essential in other sectors, particularly those serving public interests. This report aims to provide a brief overview of the public sector’s financial landscape and how accounting standards must be adapted to reflect its unique priorities and objectives. The difference between IFRS 9 and IPSAS 41 will be briefly discussed, highlighting key examples of their distinctions.
format Article
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publishDate 2025-06-01
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record_format Article
series Икономика и компютърни науки
spelling doaj-art-c3eae3626b7d412c9b070d3a8f3e3fef2025-08-20T02:38:21ZbulKnowledge and businessИкономика и компютърни науки2367-77912025-06-01111Comparative analysis between IFRS 9 and IPSAS 41 Financial InstrumentsMartin Nikolov0Raiffeisen Bank International AG Abstract. The widespread use of IFRS accounting standards often creates the impression that financial reporting revolves solely around corporate interests and profit-driven entities. However, accounting standards are also essential in other sectors, particularly those serving public interests. This report aims to provide a brief overview of the public sector’s financial landscape and how accounting standards must be adapted to reflect its unique priorities and objectives. The difference between IFRS 9 and IPSAS 41 will be briefly discussed, highlighting key examples of their distinctions. https://eknigibg.net/ojs/index.php/ecs/article/view/23IFRS 9IPSAS 41public sectorprofit-driven interests
spellingShingle Martin Nikolov
Comparative analysis between IFRS 9 and IPSAS 41 Financial Instruments
Икономика и компютърни науки
IFRS 9
IPSAS 41
public sector
profit-driven interests
title Comparative analysis between IFRS 9 and IPSAS 41 Financial Instruments
title_full Comparative analysis between IFRS 9 and IPSAS 41 Financial Instruments
title_fullStr Comparative analysis between IFRS 9 and IPSAS 41 Financial Instruments
title_full_unstemmed Comparative analysis between IFRS 9 and IPSAS 41 Financial Instruments
title_short Comparative analysis between IFRS 9 and IPSAS 41 Financial Instruments
title_sort comparative analysis between ifrs 9 and ipsas 41 financial instruments
topic IFRS 9
IPSAS 41
public sector
profit-driven interests
url https://eknigibg.net/ojs/index.php/ecs/article/view/23
work_keys_str_mv AT martinnikolov comparativeanalysisbetweenifrs9andipsas41financialinstruments