Upcoming Accounting Standards Board meeting

The Accounting Standards Board meets on 1 December 2023.

The key items on the agenda are:

• GRAP 108 on Statutory Receivables: The Board will consider the proposed Exposure Draft (ED) on Statutory Receivables for approval. If approved, the ED will be published for comment along with the related questionnaires.
• ED 204 on Transfers of Functions and Mergers: The Board will consider the key issues raised during the comment process and responses by the Secretariate. The Board will also consider the final revisions to the Standards of GRAP on Transfer of Functions Between Entities Under Common Control (GRAP 105), Transfer of Functions Between Entities Not Under Common Control (GRAP 106) and Mergers (GRAP 107) for approval.