Accounting Implementation (GRAP / IPSAS / MCS)

With GRAP 18 Segment Reporting becoming effective for a large section of the public sector entities (the majority of the…

The Standard of GRAP on Heritage Assets (GRAP 103) became effective on 1 April 2012 (with additional effective dates of…

DUCHARME article on GRAP 100 Discontinued Operations: Implementation consideration for 2014/15 AFS due to the revised standard. GRAP 100 Non-current…

In the technological age, most public sector entities have incurred material costs for the establishment and upgrading of their websites,…

On 15 July 2014, National Treasury has issued NT Instruction 3 in terms of S76(4)(a) of the Public Finance Management…

IGRAP 1: ASB & National Treasury considerations on traffic fine revenue recognition Accounting article: Impact of IGRAP 1 on Revenue considerations: Many public sector…

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

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