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What South African stakeholders shared with the IPSASB about the Presentation of Financial Statements

Accounting Standards BoardRef: https://www.asb.co.za/what-south-african-stakeholders-shared-with-the-ipsasb-about-the-presentation-of-financial-statements/?utm_source=rss&

Official source

Source domain: asb.co.za

Collected on 1 October 2026

Always confirm details on the official source before acting.

What this means

This is an Accounting Standards Board article about South African stakeholder feedback to the IPSASB on its Presentation of Financial Statements Consultation Paper. It explains concerns about aligning definitions with the Conceptual Framework and about applying Operating, Investing and Financing categories to public-sector reporting. It does not announce a new application, submission or other public opportunity.

Facts

Places

City of Tshwane, Gauteng

Reference

https://www.asb.co.za/what-south-african-stakeholders-shared-with-the-ipsasb-about-the-presentation-of-financial-statements/?utm_source=rss&

Key Takeaways

  • Accounting Standards Board submitted a comment letter to the IPSASB
  • Consultation Paper: Presentation of Financial Statements
  • Proposed comprehensive review of IPSAS 1
  • Stakeholder concerns about Conceptual Framework definitions
  • Stakeholder concerns about Operating, Investing and Financing categories
  • 40 Church Square, Pretoria, 0002
  • Accounting Standards Board
  • ASB
  • IPSASB
  • IFRS 18
  • IPSAS 1