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For several decades now, the standards of public sector accounting have been converging with those of the commercial sector to varying degrees. This convergence materializes through the introduction of accrual accounting and the choice of private-sector accounting standards. The reference to private sector standards gives rise to many reservations and results in various situations ranging from alignment to the use of private sector standards as a starting point for reflection. A comparison of the corpus of French and international public sector standard-setters illustrates two different approaches to convergence.