The ASB is the National Financial Reporting Standard Setter for the South African public sector. We formulate Standards of Generally Recognised Accounting Practice (GRAP) in terms of section 89 of the Public Finance Act (PFMA).
In general, these Standards apply to entities within the public sector whose main objective is service delivery. In particular they apply to:
- National and provincial departments
- Certain public entities as listed in the PFMA
- Constitutional institutions
- Municipalities and all entities under their ownership control
- Parliament and provincial legislatures
These standards, which are based on International Public Sector Accountign Standards and International Financial Reporting Standards, promote government's overall objective of transparent reporting on revenue, expenses, assets and liabilities. We do this through focused and targeted stakeholder interaction and the provision of relevant and implementable Accounting Standards.
Company Details
- Employees
- 18
- Founded
- -
- Industry
- Government Administration
- NAICS
-
Public AdministrationJustice, Public Order, and Safety ActivitiesSpace Research and TechnologyLegal Counsel and ProsecutionCorrectional InstitutionsParole Offices and Probation OfficesFire Protection
- Website
- asb.co.za
- Keywords
- GRAP, Generally Recognised Accounting Practice, Public Sector Finance, Accounting Standards.
- Competitors
- Accounting Program, The Accounting Company CC, Accounting Experts, International Sustainability Standards Board (ISSB), Accounting Instincts Consultancy, National Treasury of South Africa, International Public Sector Accounting Standards Board (IPSASB), International Accounting Standards Board (IASB), Accounting Avenue, Accounting Made Easy.
Accounting Standards Board Questions
Accounting Standards Board's website is asb.co.za
Accounting Standards Board's LinkedIn profile is https://za.linkedin.com/company/accounting-standards-board
Accounting Standards Board has
18 employees.
View email and phone details for 18
employees at Accounting Standards Board.
Accounting Standards Board's industry is
Government Administration
Accounting Standards Board's top competitors are
Accounting Program,
The Accounting Company Cc,
Accounting Experts,
International Sustainability Standards Board (Issb),
Accounting Instincts Consultancy,
National Treasury Of South Africa,
International Public Sector Accounting Standards Board (Ipsasb),
International Accounting Standards Board (Iasb),
Accounting Avenue,
Accounting Made Easy.
Accounting Standards Board's categories are Government Administration
Accounting Standards Board's founding year is 2002
