Opportunities
Browse government tenders, quotations, vacancies and documents across South Africa.
Showing opportunities with a recorded closing date that has not passed. Choose another status to browse historical records.
The Accounting Standards Board has published an answer explaining that GRAP 25's post-employment benefit requirements are not limited to formal arrangements: the Standard defines post-employment benefit plans as formal or informal arrangements, and applies to both formal and informal arrangements or practices that create legal or constructive obligations to provide employee benefits. Readers are directed to FAQ 5.3 in the board's FAQs for the full explanation.
- Who it is for:
- Entities that prepare financial statements under GRAP and anyone applying GRAP 25 to employee benefits
- Who can apply:
- The document sets no condition.
- How to act on it:
- Open the FAQs section of the Accounting Standards Board website and read FAQ 5.3 (the post links to it as 'Access FAQ 5.3 here: FAQs').
The Accounting Standards Board makes available an online technical article explaining when land and buildings, fauna and flora, and burial sites or graves should be classified and accounted for under relevant GRAP Standards.
- Who it is for:
- Government entities and other readers seeking guidance on accounting for land, buildings and related assets
- Who can apply:
- The document sets no condition.
- How to act on it:
- Read the technical article online.
The Accounting Standards Board makes available an FAQ explaining what entities should disclose about Standards of GRAP or amendments that are not yet effective where the Minister of Finance has not approved an effective date.
- Who it is for:
- Entities applying Standards of GRAP
- Who can apply:
- The document sets no condition.
- How to act on it:
- Use the "Access FAQ 1.15 here" link on the page.
The Accounting Standards Board makes available a discussion note explaining that the period for applying Directive 11 has expired and that entities may instead consider GRAP 3 when changing accounting policies, provided its criteria are met.
- Who it is for:
- Entities applying the Standards of GRAP or changing accounting policies for assets
- How to act on it:
- Read the discussion note on the Accounting Standards Board website.
The Accounting Standards Board makes a catalogue of approved and effective GRAP standards available, covering subjects such as financial statement presentation, cash flows, leases, assets, revenue, financial instruments and other public-sector accounting matters.
- Who it is for:
- Users of GRAP standards
- How to act on it:
- Use the Accounting Standards Board Standards page to consult the listed GRAP standards.
The page makes a list of GRAP standards that have been approved but are not yet effective available for consultation.
- Who it is for:
- Users of GRAP standards
- How to act on it:
- Use the Accounting Standards Board Standards page to consult the listed standards.
The page provides information on amendments and improvements to GRAP standards, including the dates from which particular amendments or improvements become effective.
- Who it is for:
- Users of GRAP standards
- How to act on it:
- Use the Accounting Standards Board Standards page to consult the listed amendments, improvements and effective dates.
The page provides access to GRAP 1, which refers to disclosure of unrecognised contractual commitments in paragraph .124(d)(i).
- Who it is for:
- People and organisations preparing or reviewing financial statements under GRAP
- How to act on it:
- Use the “access” link for GRAP 1 on the Accounting Standards Board page.
The Accounting Standards Board makes available an informational article explaining that GRAP has no universal requirement to disclose commitments and identifying commitment disclosures required by particular GRAP Standards.
- Who it is for:
- People and organisations preparing or reviewing financial statements under GRAP
- How to act on it:
- Read the article on the Accounting Standards Board website.
The document directs entities to FAQ 2.2 for a detailed explanation of the considerations when fully depreciated assets remain in use, other than on initial adoption of the Standards of GRAP.
- Who it is for:
- Entities considering the treatment of fully depreciated assets still in use
- How to act on it:
- Access the FAQs through the ASB website.
The Accounting Standards Board provides guidance for entities dealing with fully depreciated or “R1 assets” that are still being used at the reporting date. The guidance explains when financial-statement adjustments may be needed and how GRAP 17 reassessment requirements apply.
- Who it is for:
- Entities with fully depreciated assets still in use at the reporting date
- How to act on it:
- Read the publication on the ASB website.
The ASB provides guidance on preparing cash flow statements, including identifying and adjusting non-cash items, applying materiality considerations and maintaining systems to track adjustments during the year.
- Who it is for:
- entities and preparers of financial statements
- How to act on it:
- Read the guidance on the ASB webpage.