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FOUR-QUADRANT_BALANCE_SHEET…/docs/GAPS_AND_MISSING.md
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IPSAS and FQBM — Gaps and Missing

Short summary of remaining gaps and FQBM/Matrix status. Full scope: IPSAS_COMPLIANCE.md. Suggestions: RECOMMENDATIONS.md.


1. IPSAS: Summary by status

Status Count Notes
Supported 1 IPSAS 1 (statement of financial position: structure, current/non-current).
Structure 20+ Templates in fqbm.ipsas.presentation: 3, 5, 9, 10, 14, 19, 20, 23, 24 (+ budget_actual_from_state), 29/30/41, 38, 46, 47, 48, cash basis, RPG 2, functional/presentation currency.
Partial 6 CF (no revenue/expense); 2 (no activity classification); 4 (S, pass-through only); 6, 22, 28, 34, 35 (sectoral/consolidated layout only); 15 (maturity_risk_disclosure_structure); RPG 1 (rg in sovereign module).
Missing / N/A 25+ Not applicable to monetary/financial core: 7, 8, 1113, 1618, 21, 2527, 3133, 3637, 3945, 4950, RPG 3, SRS 1. 26: no impairment model.

Main gaps for entity-level IPSAS: Cash flow by activity (IPSAS 2); FX translation of FC positions and gain/loss disclosure (4); measurement basis and ECL (41); full consolidation rules (6, 35). Budget data is external; use budget_actual_from_state(state, budget) for actuals.


2. FQBM / Matrix: Whats implemented

  • State: L_cb, cbdc_liability, reporting_date, functional_currency, presentation_currency. Open economy: open_economy_view(A_dom, A_ext, L_dom, L_ext, E).
  • Matrix: four_quadrant_matrix(), four_quadrant_summary(), cross_sector_consistency_check().
  • Parts VIIIX, XI: Shadow banking (repo_multiplier in dashboard, margin_spiral_simulation); CCP (ccp_params, result["ccp"]); CBDC (cbdc_liability in state and IPSAS); scenarios + get_case_narrative().
  • IPSAS layer: Statement of financial position (CB, bank, consolidated), budget vs actual (template + budget_actual_from_state), cash flow from Δstate, comparative, notes, maturity/risk, FX translate, and all structure templates above.

3. Remaining gaps (concise)

Area Gap
Part VIII Full clearing balance sheet not modeled (margin/waterfall only).
IPSAS 2 No operating/investing/financing classification of cash flows.
IPSAS 4 No translation of FC assets/liabilities or FX gain/loss in performance statement.
IPSAS 41 / 46 No measurement basis or ECL model; use templates + user data.
RPG 1 Full long-term sustainability disclosure not implemented.
GGS Sectoral structure only; boundary and entity list set by jurisdiction.

4. References