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Update on Standards of GRAP July 2019

Update on Standards of GRAP July 2019. Disclaimer. The views and opinions expressed in this presentation are those of the individual. Official positions of the ASB on accounting matters are determined only after extensive due process and deliberation. Overview.

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Update on Standards of GRAP July 2019

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  1. Update on Standards of GRAP July 2019

  2. Disclaimer The views and opinions expressed in this presentation are those of the individual. Official positions of the ASB on accounting matters are determined only after extensive due process and deliberation.

  3. Overview • A three-year reporting landscape. • New developments.

  4. Reporting frameworks – 2018 to 2020

  5. Key changes

  6. At a glance

  7. At a glance

  8. At a glance

  9. At a glance

  10. At a glance

  11. Preparing for implementation • GRAP Guidelines still need to be developed by OAG. • If Standard is effective from 1 July 2019, do not wait until 30 June 2020 to understand the implications. • Start early so that there is time to adjust policies, processes, systems.

  12. Newly issued

  13. Newly issued

  14. Newly issued

  15. Newly issued

  16. Contactdetails Tel: (011) 697-0660 Fax: (011) 697-0666 Email: info@asb.co.za Website: www.asb.co.za

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