The Sub-Committee on Accounting and Reporting was established to study issues concerning public sector accounting and financial reporting.

Its mandate includes the following tasks:

• Continue to observe and participate in the IFAC International Public Sector Accounting Standards Board's (IFAC IPSASB) public sector accounting standards setting activities;

• Prepare periodic reports for the INTOSAI membership about current and planned IFAC IPSASB activities;

• Facilitate information exchange and knowledge sharing among SAIs.