The Generally Recognised Accounting Practice (GRAP) standard was published by the Accounting Standards Board (ASB), in accordance with the Public Finance Management Act (PFMA).
GRAP standard applies to public / government entities, and grasping its requirements is critical for accountants and departments in the public sector.
GRAP assists in identifying and recognising business transactions for accounting purposes, and the required reporting of those transactions in a set of financial statements
This one day training session focuses on:
The approach to each topic will be as follows:
Topics covered:
