This paper aims to study, analyze and compare international standards in the public sector that are concerned with reporting on heritage assets by presenting different accounting treatments for heritage assets from the experiences of many countries. The theoretical side deals with introducing the concept of heritage assets, their characteristics, and classifications. We will address this topic, the definition of accounting standards, and the need for accounting standardization. First, we will address the International Public Sector Accounting Standards Board (IPSASB). Then, we will address the concept of the accounting basis, the types of accounting foundations used, and the extent to which different authorities worldwide have adopted the accrual basis. Then, we will address Criterion 17 of (IPSASB), which is concerned with property, factories, and equipment, and the paragraphs related to heritage assets, as well as several different local standards for the most important countries of the world that took care of this aspect of the research components

Keywords : Heritage Assets; accounting measurement; Iraqi tourism; Revenues.