GRAP Handbook: Standards of Generally Recognised Accounting Practice

Product Attributes

  • Soft Cover
  • 9781485109433
  • 1st Edition
  • 976 Pages
  • 2016


Accounting Standards Board


Financial Services

2016 - 1st Edition*

R 735.00

About this Publication:

The Accounting Standards Board (ASB) develops Standards of Generally Recognised Accounting Practice (GRAP). The ASB gives effect to the constitutional requirement that uniform standards should be developed to ensure the achievement of consistent and comparable financial information across all spheres of government.

The adoption of Standards of GRAP by all reporting entities in the public sector in South Africa will improve the quality and comparability of financial information reported and enable those charged with governance to hold entities to account for the resources entrusted to them by citizens, taxpayers and ratepayers.

The 2016 edition will remain valid until 31 March 2018, when the new edition will be published.

Contents Include:

  • Framework of Standards of GRAP
  • Standards of GRAP
  • Standards of GRAP and IGRAP approved but not yet effective
  • Interpretations of the Standards of GRAP
  • Guidelines
  • Directives

For information about the effective dates of the GRAP Standards refer to Directive 5 and visit the ASB website:

Of Interest and Benefit to:

  • Preparers, auditors and users of financial statements prepared under Generally Recognised Accounting Practice (GRAP)
  • Students