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Generally Recognised Accounting Practice - Standards overview


UN_IOM
Enrollment in this course is by invitation only

About This Course

The objective of this course is to provide a brief introduction to the Generally Recognised Accounting Practise (GRAP) standards as issued by the Accounting Standards Board (ASB).

Who should enrol for this course

It is recommended for those individuals who require a high level overview and awareness of the core GRAP standards including:

  • finance and accounting managers of South African public sector entities that have adopted GRAP or are in the process of doing so
  • accounting practitioners, consultants and external auditors, analysts of public sector entities
  • accountants and finance staff of public sector entities, municipalities and similar agencies that have adopted GRAP or are in the process of doing so
  • accountants and finance staff moving from private to public sector environments
  • government officials and project managers responsible for GRAP transition
  • operations managers of public entities needing an awareness of public sector financial reporting
  • internal auditors of entities that have adopted GRAP or are in the process of doing so.

For details on the first time registration or course enrolment, please see our e-learning platform overview document.

 

Course Staff

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George Ducharme (CA) SA

George was previously an academic, teaching financial accounting to students at a post graduate level in preparation for the qualifying exam for South African chartered accountants for a period of eleven years. His last position was Professor and subject head of Financial Accounting at the University of the Western Cape (UWC). He became a Professor at the age of 30.

During his tenure at the UWC his students obtained a pass rate better than those of their peers studying at other universities, in the qualifying exam for chartered accountants. He left the university to start Ducharme Consulting at the end of 2002 and has been consulting to the Public Sector on a full time basis since 2002. George sits on the South African Accounting Standards Board Public Sector Technical Forum, a body which meets on a monthly basis to discuss the latest Public Sector accrual accounting implementation issues. The other members of this forum are representatives from SAICA, the office of the Accountant General of the National Treasury, the Auditor General SA, the Accounting Standards Board, Institute for Municipal Finance Officers (IMFO) and the big 4 Audit Firms.

He has extensive experience in the preparation of implementation plans to implement GRAP, IPSAS and GAMAP,compilation and reviewing of public sector annual financial statements, first time IPSAS and GRAP adoption support, technical accounting support to public sector entities and the provision of technical opinions on IPSAS and GRAP accounting implementation.

You can contact George on: gducharme@ducharme.co.za

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Christoph Braxton (CA) SA

Christoph has extensive experience in the provision of technical accounting and implementation support to clients including the provision of technical guidance on the transition and first time adoption of public sector accounting frameworks such as International Public Sector Accounting Standards (IPSAS), Generally Recognised Accounting Practice (GRAP), International Financial Reporting Standards (IFRS) and Modified Cash Standard (MCS). He currently also serves as Chairman of the Accounting Standards Board (ASB).

He has also extensive experience in compliance reviews, preparation of annual financial statements in accordance with the various framework; capacity building support; technical opinions and the development of standard templates and frameworks for compliance.

You can contact Christoph on: cbraxton@ducharme.co.za

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Anton Slabbert (CA) SA

Anton has also been involved extensively in developing training material for and presenting training on SA GAAP, GRAP, IPSAS, IFRS, IAS, Budgeting, Auditing, Asset Management, Modified Cash Accounting, Risk Management and Financial Management since 2006. This includes GRAP/ GAMAP training for IMFO (Institute of Municipal Finance Officers), Provincial Treasury WC and MP, National Treasury, Auditor General (SA), Municipalities, Government Departments, Public Entities, the University of Stellenbosch (USB-ED and for the School of Public Leadership) and Enterprises University of Pretoria.

He sits on the South African Accounting Standards Board (ASB) Public Sector Technical Forum, a body which meets on a regular basis to discuss the latest Public Sector accrual accounting implementation issues. The other members of this forum include representatives from amongst others, SAICA, the office of the Accountant General of the National Treasury, the Auditor General SA, the ASB, the Institute for Municipal Finance Officers (IMFO). Anton also assisted the South African Institute of Government Auditors (SAIGA) witt the preparation and assessment of students for the qualifying exams required for the Registered Government Auditors (RGAs).

You can contact Anton on: aslabbert@ducharme.co.za