Accounting Standards Board
 Newsletter #4 - September 2020

In this edition of the Newsletter:


Upcoming Events
 
Upcoming events

The ASB continues to promote social distancing. As a result, we will host our scheduled events virtually. The events for the various topics the ASB will be hosting are outlined below.


Participate in discussions on IPSASB’s proposals for revenue and expenses

We will be hosting roundtable discussions on the new Exposure Drafts issued by the IPSASB on potential changes to the revenue standards and new guidance for government expenses. The Exposure Drafts are as follows:
  • ED 181 on IPSASB Exposure Draft on Revenue with Performance Obligations (ED 70)
  • ED 182 on IPSASB Exposure Draft on Revenue without Performance Obligations (ED 71)
  • ED 183 on IPSASB Exposure Draft on Transfer Expenses (ED 72)
The roundtable discussions will focus on discussing issues to be included in the comment letter to the IPSASB on the Exposure Drafts. If you are interested in attending a session, please email elizna@asb.co.za.

Comment on the Exposure Drafts is due locally on 1 October 2020, and the documents can be accessed on the ASB’s website by following this link.

 
Date Event Stakeholder group
1 October Roundtable discussion – Presentation and Disclosure ED 181 and ED 182 All
2 October Roundtable discussion – Presentation and Disclosure ED 183 All

Participate in discussions on the changes to GRAP 25 on Employee Benefits

We will be hosting roundtable discussions on the proposed changes to GRAP 25.

The proposed changes can be accessed by following this link. If you are interested in attending a session, please email elizna@asb.co.za.

 
Date Event Stakeholder group
5 October Roundtable discussion All preparers
6 October Roundtable discussion Public Sector Accounting Forum (auditors, firms, technical specialists, professional bodies, and academics)
2 November Roundtable discussion Auditors, firms, technical specialists, professional bodies, and academics
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Address: International Business Gateway, Midridge office Estate, Midrand, Johannesburg
Telephone : 011 697 0660
E-mail : info@asb.co.za 

Copyright © 2020
Accounting Standards Board
 
Disclaimer
The Newsletter has been prepared by the Secretariat of the ASB for information purposes only. It has not been reviewed, approved or otherwise acted on by the Board.






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