The International Public Sector Accounting Standards Board (IPSASB) has finalised ‘Improvements to IPSASs 2014’. The changes incorporate relevant amendments made by the International Accounting Standards Board (IASB) in the 2009-2011 and 2010-2012 cycles of annual improvements, and the changes made by ‘Clarification of Acceptable Methods of Depreciation and Amortisation (Amendments to IAS 16 and IAS 38)’.