Costs and benefits of complying with IPSASs are examined as more countries adopt accruals in their public sectors. Some countries base their own accounting standards on IPSASs, keeping their own national sovereignty to apply national accounting standards ; others prepare IPSASs compliant financial statements. Besides those countries that have adopted accruals in financial reporting/budgeting, and complied with almost all IPSASs requirements, a wide range of national governments intends to change to accruals and consult IPSASs. As many studies focus mainly on government accounting reform in developed countries, this paper aims to contribute to the existing literature on IPSASs’ development and adoption, by highlighting changes in progress in Croatia - a country where neither national public sector accounting standards are developed, nor IPSASs appliance mandatory required, but where IPSASs are recommended by Croatian regulations and therefore are influential. The aim of this study is threefold: to broaden the current international discussions about public sector accounting reforms and IPSASs development ; to reflect on Croatian public sector (governmental) accounting developments ; to examine the current level of implementation of certain accounting solutions defined by IPSASs within Croatian public sector, and specify certain eligible tendencies towards more comprehensive appliance of IPSASs. In particular, we discuss the requirements of and compliance with IPSAS 6, 22 and 24. Our study shows that even though IPSASs are not obligatory enacted, certain existing procedures/ solutions applied in Croatian public sector accounting practise, comply with those recommended in IPSASs. Starting from the concept that IPSASs introduction in Croatia needs to be overviewed in the contexts of EU accession, the study implies that the encouragement for fully complying with IPSASs would enhance better understanding of Croatian public expenditures at the international level.