A placemat on the different reporting frameworks in South Africa

The Secretariat developed a placement summarising the most prominent financial reporting frameworks applied by public and private sector entities in South Africa.  This one-page summary highlights which entities apply Standards of GRAP, the Modified Cash Standard, IFRS^® Accounting Standards, IFRS for SME^® Accounting Standard, and entity-specific frameworks in preparing their financial statements. Access the placemat here.