The IPSASB Governance Review Group has published it’s final recommendations on the future governance of the IPSASB. The Review Group concludes that the International Public Sector Accounting Standards Board (IPSASB) should continue to operate under the auspices of the International Federation of Accountants (IFAC). At the same time, however, the group recommends that a new governance body, the Public Interest Committee, should be established to ensure that the public interest is served by the standard-setting activities of the IPSASB.