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    http://accounting.auditchain.finance/ipsas  ipsas.xsd
    http://www.xbrl.org/2004/ref http://www.xbrl.org/2004/ref-2004-08-10.xsd
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    <documentation>Contains a minimum of one reference per concept.</documentation>
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    <loc xlink:type="locator"
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      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-reference"
      xlink:from="ipsas_AccumulatedSurplusesDeficitsReconciliationRollForward"
      xlink:to="ipsas_AccumulatedSurplusesDeficitsReconciliationRollForward_ref" />
    <reference xlink:type="resource"
      xlink:role="http://www.xbrl.org/2003/role/reference"
      xlink:label="ipsas_AccumulatedSurplusesDeficitsReconciliationRollForward_ref">
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      <ref:Number>95</ref:Number>
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      xlink:href="ipsas.xsd#ipsas_AccumulatedSurplusesDeficits" />
    <referenceArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-reference"
      xlink:from="ipsas_AccumulatedSurplusesDeficits"
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      xlink:label="ipsas_AccumulatedSurplusesDeficits_ref">
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      <ref:Subsection>VI</ref:Subsection>
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      xlink:label="ipsas_AdvancesFromRelatedParties_ref">
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      <ref:Subsection>III</ref:Subsection>
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      xlink:label="ipsas_Amortization_ref">
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      xlink:label="ipsas_AssetsRollUp_ref">
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      <ref:Subsection>III</ref:Subsection>
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      <ref:Subsection>II</ref:Subsection>
      <ref:Paragraph>c</ref:Paragraph>
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      <ref:Subsection>I</ref:Subsection>
      <ref:Paragraph>b</ref:Paragraph>
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