When preparing your financial statements, remember the following handy resources that facilitate a better understanding of the GRAP Standards:
- Frequently Asked Questions that address accounting issues to ensure consistent application of the GRAP principles – FAQs.
- Fact Sheets may accompany any of the Board’s pronouncements and explain common questions or concerns about a specific topic – FactSheets.
- Review and research reports that communicate the results of post-implementation and desktop reviews – Review and research reports.
- Material from the Reference group on GRAP 104 on Financial Instruments that discusses specific topics on the application of the revised Standard – GRAP104ReferenceGroup.
A reminder that these documents are not authoritative, as they are issued by the Secretariat and not issued by the Board.
Also refer to articles published on 13 and 20 August 2025 that highlight other resources that can be helpful when preparing your financial statements.
Disclaimer
The article has been prepared by the Secretariat of the ASB for information purposes only. It has not been reviewed, approved, or otherwise acted on by the Board.