GRAP Updates This session will unpack the history and Background of GRAP and Applicable Accounting Standards and GRAP Standards – Approved and Effective. Join Waitlist Register
Save the date April 26, 2024 12:00 PM - 2:00 PM GMT+2
Event Details This session will explain the Standards of GRAP that form the GRAP reporting framework for 2023/24, and look beyond to changes expected in future years. The pronouncements that are effective in this period – such as changes to accounting for employee benefits and new guidance on materiality – will be explained in detail. The session will also provide information on new and amended Standards of GRAP that are not yet effective. Lastly, attendees will be informed of the latest developments at the ASB.
Agenda
12:00 PM - 12:30 PM
GRAP reporting landscape- 2023/24 and beyond GRAP reporting landscape- 2023/24 and beyond 12:30 PM - 1:00 PM
The effect of past decisions about materiality on future financial statements The effect of past decisions about materiality on future financial statements 1:10 PM - 1:45 PM
Employee Benefits- revised requirements Employee Benefits- revised requirements 1:45 PM - 2:00 PM
Update on activities of the ASB and recently issued guidance Update on activities of the ASB and recently issued guidance Speakers
Siyasanga Nondlazi Facilitator at ASB
Siyasanga Nondlazi Facilitator at ASB Ms. Siyasanga Nondlazi is a Standard Setter at the ASB where she is responsible for setting Standards of Generally Recognised Accounting Practice (GRAP) that specify how transactions and other events are to be recognised, measured, presented, and disclosed in public sector financial statements.
Nabeela Iman Shah Facilitator at ASB
Nabeela Iman Shah Facilitator at ASB Nabeela Imam Shah is a standard setter at the Accounting Standards Board. She joined in 2022.
Elizna Van der Westhuizen Technical Director of Accounting Standards Board in South Africa Elizna Van der Westhuizen Technical Director of Accounting Standards Board in South Africa https://www.asb.co.za/ Elizna van der Westhuizen is the Technical director at the Accounting Standards Board. Since joining the Secretariat in 2016, she has contributed to many local and international projects.
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