The FAQs on the Standards of GRAP were updated in February 2023. The main changes to the FAQs include:

• Updates for the 2022/23 GRAP Reporting Framework;
• Where relevant, reference to Fact Sheets have been made in the related FAQs;
• FAQ 2.10 on When does the three-year transitional period relating to the initial adoption of Standards of GRAP expire? was amended to include measurement periods; and
• FAQ 4.5 on What items should be included in “cash and cash equivalents”? was amended to include guidance on restricted cash and cash equivalents.

To access the FAQs, please follow this link.