Financial Reporting

The Revised Conceptual Framework for Financial Reporting

On 29 March 2018 the Board issued a comprehensive set of concepts for financial reporting, the revised Conceptual Framework for Financial Reporting (Conceptual Framework), replacing the previous version of the Conceptual Framework issued in 2010. The revised Conceptual Framework has an effective date…

Exposure Draft: IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

The International Accounting Standards Board (Board) published an exposure draft (attached to this email) on 27 March 2018 where it tentatively decided to propose amending IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors to lower…

PAFA Bullettin August

It is courage that makes us great and using every opportunity to learn and become better that breeds success. In this issue of PAFA, we include new developments within IFRS, specifically relating to the new Conceptual Framework which is challenging us to think in new and innovative ways about how and why we are accounting for certain elements.

PAFA Bullettin April

As with all good things, change is inevitable. In the wise words of George Bernard Shaw “progress is impossible without change, and those who cannot change their minds cannot change anything”. This month’s PAFA is packed full of changes,  which informs forward thinking.

IFRS 15 Fact Sheet

SizweNtsalubaGobodo is the fifth largest accounting firm in Southern Africa and a leading partner of choice in Audit, Advisory and Forensic services. Led by our strong entrepreneurial spirit, we have a natural ability to connect experience with opportunity.