ASB Directive 12 – IFRS to GRAP Transition (2018)

The Accounting Standards Board (ASB) Directive 12 requires that all public entities, including entities under the ownership control of these entities and, is effective for accounting periods commencing on or after 1 April 2018, to consider whether they need to apply Standards of GRAP as prescribed reporting framework.

Ducharme has prepared an article which sets out some of the considerations for this transition from IFRS to GRAP and the key difference between IFRS and GRAP.

For a printer-friendly version of the article, please follow the PDF link below.