Accounting Standards Board
 Newsletter #3 - August 2020

In this edition of the Newsletter:



Events
Events

The ASB continues to promote social distancing. As a result, we will host our scheduled events for August 2020 virtually. If any new information becomes available about the regulations for the risk adjusted strategy for COVID-19, we will communicate this in our Newsletter, website and social media.

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
19 August Roundtable discussion – ED 183 Auditors, firms, technical specialists, professional bodies, and academics
31 August Roundtable discussion – ED 181 Members of the Public Sector Accounting Forum
2 September Roundtable discussion – ED 182 Members of the Public Sector Accounting Forum
4 September Roundtable discussion – ED 183 Members of the Public Sector Accounting Forum
14 September Roundtable discussion – ED 181 Municipalities
15 September Roundtable discussion – ED 182 Municipalities
17 September Roundtable discussion – ED 183 Municipalities
1 October Roundtable discussion – Presentation and Disclosure ED 181 and ED 182 All
2 October Roundtable discussion – Presentation and Disclosure ED 183 All
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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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