Opportunities
Browse government tenders, quotations, vacancies and documents across South Africa.
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This is a recorded session discussing the challenges faced by financial preparers during the implementation of GRAP 104. It aims to inform and guide others encountering similar issues.
- Who it is for:
- government financial preparers, accounting professionals, public sector entities implementing GRAP standards
- How to act on it:
- View the recording on the ASB website under the Readiness and Implementation section
The Accounting Standards Board invites stakeholders to provide feedback on the proposed amendments to Chapter 7 of the Conceptual Framework. The opportunity includes access to an executive summary and a presentation to support understanding of the proposals.
- Who it is for:
- accountants, auditors, financial statement preparers, government entities, and other interested parties in South Africa and internationally
- How to act on it:
- Read the Executive Summary and Presentation on ED 217, then submit written comments by email to info@asb.co.za
Suppliers and service providers must self-register on the National Treasury's Central Supplier Database (CSD) to be considered for doing business with African Sun Bank (ASB). This is a mandatory step before being eligible to bid for any ASB tenders.
- Who it is for:
- suppliers and service providers wishing to do business with ASB
- How to act on it:
- Visit the CSD website at www.CSD.gov.za and complete the self-registration process.
The Accounting Standards Board will review and potentially approve two new pronouncements during its final meeting of 2025. These are formal accounting standards or guidance documents that will shape financial reporting practices in South Africa.
- Who it is for:
- accounting professionals, financial statement preparers, public sector entities, and other stakeholders in financial reporting
- How to act on it:
- Access the official papers on the ASB website to view the details of the pronouncements under consideration.
Interested parties can provide input on proposed accounting standards by submitting comments during the consultation phase, which is part of the standard-setting process managed by the Accounting Standards Board.
- Who it is for:
- accounting professionals, financial institutions, government departments, auditors, and other stakeholders in financial reporting
- How to act on it:
- Find exposure drafts on the ASB website and submit written feedback via email to info@asb.co.za
The Accounting Standards Board provides information on key topics being considered during the 2023–2024 period, including General Assets and Understanding The Financial Statements. These are part of the ongoing standard-setting agenda and may lead to future exposure drafts or consultations.
- Who it is for:
- accounting professionals, public sector financial reporters, organisations preparing financial statements under GRAP
- How to act on it:
- Visit the ASB website and navigate to the '2023/2024' section to view listed topics
The Accounting Standards Board invites participation from observers and technical experts in its board and technical committee meetings, which are held throughout the year as part of the due process for standard setting.
- Who it is for:
- technical experts, accounting professionals, representatives from government and private sectors
- How to act on it:
- Contact the ASB to express interest in observer status or attend scheduled meetings via their calendar or event listings
Tenderers can claim preference points for specific goals such as BBBEE compliance, local economic development, and other socio-economic objectives when submitting tenders. To claim these points, tenderers must complete the SBD 6.1 form and provide supporting documentation. Failure to submit proof will result in no points being awarded for specific goals.
- Who it is for:
- tenderers bidding on public procurement contracts
- How to act on it:
- Complete the SBD 6.1 form and submit it with supporting documents proving eligibility for specific goals
This opportunity offers a compilation of common questions and answers regarding current accounting standards and practices. It is designed to support users in understanding key aspects of financial reporting under the new standards.
- Who it is for:
- accountants, auditors, financial statement preparers, public sector entities
- How to act on it:
- Access the FAQ section via the ASB's website under the '2024 – 2025' agenda items.
This opportunity presents insights drawn from past reviews and queries made to the Accounting Standards Board. It helps practitioners avoid common pitfalls and improve compliance in financial reporting.
- Who it is for:
- accountants, auditors, financial statement preparers, public sector entities
- How to act on it:
- View the lessons learned section by navigating to the '2024 – 2025' agenda on the ASB website.
This opportunity involves engaging with the foundational principles outlined in GRAP 1, which are part of the Government Reporting and Accounting Principles. It is intended for professionals involved in public sector financial reporting who wish to understand or contribute to the application of these principles.
- Who it is for:
- accountants in South Africa, government financial reporting professionals, public sector entities
- How to act on it:
- Visit the ASB website and navigate to the '2024 – 2025' section to access materials related to Basic Principles from GRAP 1.
This opportunity provides access to a presentation discussing financial statements and the conceptual framework used in accounting standards. It is aimed at professionals seeking clarity on core accounting concepts and their practical application.
- Who it is for:
- accountants in South Africa, auditors, financial statement preparers
- How to act on it:
- Visit the ASB website and go to the '2024 – 2025' section to view or download the presentation.