The Australian Accounting Standards Board (AASB) has responded to the International Public Sector Accounting Standards Board (IPSASB) Governance Review Group consultation paper on the future governance of the IPSASB. The AASB strongly supports sector neutral accounting standards and believes the option of extending the scope of the IFRS Foundation’s Monitoring Board and IFRS Foundation Trustees to encompass the IPSASB is the best approach to limiting differences in accounting standards between sectors.