Exploring GRAP Requirements for SMMEs

Exploring GRAP Requirements for SMMEs

Stakeholders shared concerns with the Board about the ability of “small entities” to prepare financialstatements in accordance with Standards of GRAP. The main reason for their concerns was that smallentities have constrained human and financial resources. Board’s Response To determine…

IASB Updates: Primary Financial Statements

This IASB Update highlights preliminary decisions of the International Accounting Standards Board (Board). The Board’s final decisions on IFRS® Standards, Amendments and IFRIC® Interpretations are formally balloted as set out in the Due Process Handbook of the IFRS Foundation and the IFRS Interpretation Committee.  …