Public Schools are required to compile financial statements annually within 3 months after the December year end.
Three key decisions the compiler has to make:
Join us as we help you make informed decisions.
Break down the SA Schools Act requirements that affect the accounting transactions that end up in the financial statements
Provide guidance on available financial reporting frameworks when preparing financial statements
Work through the National Guidelines accounting framework developed by the national Department of Basic Education
Clarify who is permitted to compile AFS
