IPSAS 24 is an international accounting standard that aims to improve transparency and accountability in the public sector. This standard focuses on providing accurate information about approved budgets, which contributes to rationalizing public spending and improving the performance of budgets prepared by government institutions. The purpose of this study is to provide a definition of IPSAS 24 and its main aspects, in addition to disclosing the approved budgets of economic units with actual amounts versus estimated amounts. These disclosures include deviations between amounts and disclosure of reasons. The researchers concluded that adopting IPSAS 24, presenting budget information in financial statements, has a positive impact on public budgets and enables economic units to obtain many economic benefits and appropriate and comparable financial information, in addition to performance deviations, which enhances the control and planning of the state's general budget.