The International Public Sector Accounting Standards Board (IPSASB) has published a series of five exposure drafts on accounting for interests in other entities. The five exposure drafts are based on the ‘package of five’ standards issued by the IASB in May 2011 dealing with consolidation, joint arrangements, the equity method, separate financial statements and disclosure. However, the IPSASB is proposing to make a number of amendments to the IASB’s pronouncements to tailor them for the public sector.