International Public Sector Accounting Standards IPSAS

6 International Public Sector Accounting Standards (IPSAS) 

C-14/DEC.5 adopted by the Conference of the States Parties at its Fourteenth Session on 2 December 2009 and entitled Adoption of the International Public Sector Accounting Standards  

Recalling that, pursuant to OPCW Financial Regulation 11.1 and OPCW Financial Rule 11.1.03, the annual financial statements of the OPCW shall be prepared in accordance with the United Nations common accounting standards and that the accounting records of the OPCW shall be maintained in accordance with the United Nations System Accounting Standards (UNSAS), as noted by the United Nations General Assembly in document A/48/530, dated 29 October 1993, and subsequently revised  

Noting that, by its resolution A/RES/60/283, adopted on 7 July 2006, the United Nations General Assembly approved the adoption by the United Nations of the International Public Sector Accounting Standards (IPSAS)  

Noting also the information provided in two Notes by the Director-General on IPSAS (EC-57/ DG. 12, dated 19 June 2009 and EC-58/DG.3, dated 2 September 2009), including an outline of the potential impact of IPSAS adoption for the OPCW, the resources required as specified in paragraph 19 of EC-58/DG. 3, and the widely acknowledged benefits of the adoption of IPSAS as specified in paragraph 7 of EC-57/DG. 12 and 

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INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (iPSAS)... 

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