As we move into a new year, it’s a good time to…

Improve your entity’s financial statements and financial reporting process.

Resolve existing or new accounting matters.

Plan for the adoption of new or amended Standards of GRAP.

We have a range of resources available on our website. These include:

• FAQs issued by the ASB staff that explain the application of the Standards to topical issues encountered in practice.
• The GRAP Reporting Framework which outlines what Standards issued by the ASB need to be applied in a particular year.
• Fact Sheets that explain key issues on particular topics in a simplified/summarised way.

We also recommend subscribing to receive the ASB’s Newsletter on our website. We deal with topical accounting issues both locally and internationally, advertise upcoming events, provide updates on the ASB and IPSASB’s work, and much more.

While our website – www.asb.co.za – is our main communication tool, useful information is available on YouTube, LinkedIn, Facebook and Twitter.