This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Update on use of IFRSs in South Africa

  • South Africa Image

15 Jan 2007

During 2003, the local standard setting body made a decision to issue the text of IFRSs in South Africa as South African Statements of Generally Accepted Accounting Practice (SA GAAP).

Currently (start of 2007), with the exception of IFRS 1, which applies only to first time adopters of IFRSs, SA GAAP and IFRSs are fully harmonised. To indicate the harmonisation, SA GAAP has a dual numbering system to refer to both the IFRS and SA GAAP numbers.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.