GRAP methodology and theory

Overview of GRAP Methodology and Theory


If you are in need of a refresher on the theory and compliance of GRAP or would like to increase your understanding of GRAP this course is for you.


This course will provide a basic background to the methodology and theory of Generally Recognised Accounting Practise (GRAP) so that it creates a framework for the practical sessions to follow.

  • GRAP Framework
  • GRAP 1: Presentation of financial statements
  • GRAP 2:  Cash flow statement
  • GRAP 3:  Accounting policies, changes in estimates and errors
  • GRAP 9:  Revenue – exchange transactions
  • GRAP 12: Inventories
  • GRAP 13:  Leases
  • GRAP 14: Events after reporting date
  • GRAP 16: Investment property
  • GRAP 17: PPE
  • GRAP 18: Segment reporting
  • GRAP 19: Provisions
  • GRAP 20:  Related parties
  • GRAP 23: Revenue – non-exchange
  • GRAP 24: Presentation of budget information
  • GRAP 25: Employee benefits
  • GRAP 31: Intangible assets
  • GRAP 103: Heritage assets
  • GRAP 104: Financial instruments
  • GRAP 105 and 106: Transfer of functions between entities under and not under Common Control NEW
  • GRAP 109: Accounting by Principals and Agents NEW
  • Directive 11: Changes in the measurement bases following the initial adoption of the standards of GRAP
  • Directive 12: The Selection of an Appropriate reporting Framework by Public Entities NEW


 R2,244.00 per delegate excl. VAT Book 3 and get 10% off Book 6 or more and get 20% off 


For a more comprehensive description of this course download the course overview by clicking here.

The training delegate minimum requirement is 6 delegates, should we not meet this number the training will be rescheduled to the next training dates. If training is cancelled, we will inform you prior to the training date.

Click below to book:

Start Date End Date Time Duration Venue Take Action
07 Nov 2017 07 Nov 2017 08:30 – 16:30 1 Day(s) Training Room 1 Book Now