GRAP 104 – ASB

Preface of Standards of GRAP Glossary of Defined Terms

GRAP Number	Approved and Effective
GRAP 1	Presentation of Financial Statements
GRAP 2	Cash Flow Statements
GRAP 3	Accounting Policies, Changes in Accounting Estimates and Errors
GRAP 4	The Effects of Changes in Foreign Exchange Rates
GRAP 5	Borrowing Costs
GRAP 9	Revenue from Exchange Transactions
GRAP 10	Financial Reporting in Hyperinflationary Economies
GRAP 11	Construction Contracts
GRAP 12	Inventories
GRAP 13	Leases
GRAP 14	Events After the Reporting Date
GRAP 16	Investment Property
GRAP 17	Property Plant and Equipment
GRAP 18	Segment Reporting
GRAP 19	Provisions, Contingent Liabilities and Contingent Assets
GRAP 20	Related Party Disclosures
GRAP 21	Impairment of Non-cash-generating Assets
GRAP 23	Revenue from Non-exchange Transactions (Taxes and Transfers)
GRAP 24	Presentation of Budget Information in Financial Statements
GRAP 25	Employee Benefits
GRAP 26	Impairment of Cash-generating assets
GRAP 27	Agriculture
GRAP 31	Intangible Assets
GRAP 32	Service Concession Arrangements: Grantor
GRAP 34	Separate Financial Statements
GRAP 35	Consolidated Financial Statements
GRAP 36	Investments in Associates and Joint Ventures
GRAP 37	Joint Arrangements
GRAP 38	Disclosure of Interests in Other Entities
GRAP 100	Discontinued Operations
GRAP 103	Heritage Assets
GRAP 104	Financial Instruments
GRAP 105	Transfer of Functions Between Entities Under Common Control
GRAP 106	Transfer of Functions Between Entities Not Under Common Control
GRAP 107	Mergers
GRAP 108	Statutory Receivables
GRAP 109	Accounting by Principals and Agents
GRAP 110	Living and Non-living Resources

GRAP 104 - Financial Instruments

Document Link

GRAP 104 1 April 2026

Appendix A Application guidance 1 April 2026

Appendix B Implemention Guide 1 April 2026

Appendix C - Illustative 1 April 2026

Basis for Conclusions 1 April 2026

GRAP 104 1 April 2025

Appendix A Application guidance 1 April 2025

Appendix B – Implementation guidance 1 April 2025

Appendix C – Illustrative examples 1 April 2025

Basis for Conclusions 1 April 2025

GRAP 104 1 April 2024

Application Guidance 1 April 2024

Basis for Conclusions 1 April 2024

Presentation

Standard on a page - GRAP 104 on Financial Instruments

Accompanying material and Document link

Fact Sheet 1 Definition of a financial instrument

Fact sheet 2 Bank accounts

Fact sheet 3 Receivables

Fact sheet 4 Payables

Fact sheet 5 Concessionary loans payable

Fact sheet 6 Concessionary loans receivable

Fact sheet 7 Financial guarantee contracts

Fact sheet 8 Loan commitments

Fact sheet 9 Investments in residual interests

Fact sheet 10 Investments and loans receivable

Fact sheet 11 VAT

Fact Sheet 12 (1 of 2) Disclosure Financial Position and Performance

Fact Sheet 12 (2 of 2) Disclosure Nature and Extent of Risks

GRAP 104 - Translated Standard

Translation

GRAP 104 IsiZulu 1 April 2015

GRAP 104 SeSotho 1 April 2015

GRAP 104 Afrikaans 1 April 2015

GRAP 104 - Financial Instruments

Accompanying material and Document link

GRAP 104 - Translated Standard

Contact Info

Quicklinks