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PUBLIC SECTOR ACCOUNTING: TREASURY CALLS FOR INPUT ON REVISED GRAP STANDARDS
- 01 October 2024
- Auditors & Accountants
- SA Legal Academy
National Treasury has called for public comments by 31 October 2024 on generally recognised accounting practices revised since 2022 and expected to affect public sector accounting during the financial year commencing 1 April 2026. They have implications for:
- the presentation of financial statements
- heritage assets
- mergers, and
- the transfer of functions between entities:
- under common control, and
- not under common control.
Please click the link below for more information:
- Government Gazette notice
Published by SA Legal Academy Policy Watch
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