Technical & training

Technical & training

MFMA Circular 71: Ratio Analysis Facilitation

MFMA Circular 71 issued in January 2014 provides a set of uniform key financial ratios and norms suitable and applicable to municipalities…

Technical & training

Ducharme Article 2013 – Impact of BBBEE Act on GRAP

In 2013, the amendment of section 13G of the Broad-Based Black Economic Empowerment Act resulted in specific legislated reporting requirements…

Technical & training

Impact of revision of Borrowing Costs per GRAP 5 (2014)

A revised version of GRAP 5 Borrowing Costs was approved and issued by the Accounting Standards Board, effective for annual…

Technical & training

Audit and Risk Management Committees: Structuring and requirements

Some municipal managers and other senior managers, as well as councillors, sometimes have difficulty to decide on how audit committees…

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