The International Public Sector Accounting Standards Board (IPSASB) has published a series of five International Public Sector Accounting Standards (IPSASs) on accounting for interests in other entities. The five pronouncements 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 made a number of amendments to the IASB’s pronouncements to tailor them for the public sector.