This three-part IFRS 17 insight series provides a practical overview of the Standard, explaining its scope and applicability, the principles for initial recognition and measurement of insurance contracts, and the subsequent measurement of insurance liabilities. The publications cover insurance contract definitions, significant insurance risk, contract grouping, fulfilment cash flows, discount rates, risk adjustments, contractual service margin calculations, liability measurement, insurance revenue recognition, and ongoing financial reporting requirements under IFRS 17.
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IAS 7 at a Glance provides an introductory overview of the IAS 7 Statement of Cash Flows standard. It explains the purpose of cash flow reporting, outlines the classification of operating, investing and financing activities, covers key disclosure requirements, discusses the impact of IFRS 18 amendments, and highlights recent IFRIC agenda decisions and IASB developments affecting cash flow reporting.
This combined IFRS 2 publication provides practical guidance on the accounting, presentation, and disclosure of share-based payment transactions. It explains how entities should account for share-based payments with non-employees, including the recognition and measurement of equity-settled and cash-settled arrangements, fair value considerations, and the treatment of identifiable and unidentifiable goods or services. The publication also summarizes IFRS 2 presentation and disclosure requirements, including disclosures relating to share option plans, valuation methodologies, modifications, financial statement impacts, and illustrative examples to support compliant and transparent financial reporting.
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Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.
Fantastic growth of Grant Thornton leaves the IAB award panel with only one possible winner: the International Accounting Bulletin named Grant Thornton ‘Network of the Year’ at an award ceremony held 14 March 2013, at the ICAEW building in London.
Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.
Grant Thornton has put together its annual summary of the key highlights of the national budget delivered by the Minister of Finance and Development Planning, Honourable Kenneth Matambo. This year the focus of the budget is “On the brink of budget surplus”. View our 10 page summary to get a quick preview of the 2013/14 budget.
Personal tax compliance timelines have been extended.
Certain changes have been implemented to BURS’s electronic funds transfer process.
BURS has developed a new income tax return company form, guide and annexure (new income tax company return SAT ATA 22) having considered the 2011 tax amendments published in the government gazette.
Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.
Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.
Grant Thornton has put together its annual summary of the key highlights of the national budget delivered by the Minister of Finance and Development Planning, Honourable Kenneth Matambo. This year the focus of the budget is on “Balancing priorities under certain times”. View our 11 page summary to get a quick preview of the 2012/13 budget.
Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.
With effect from 01 July 2011, every individual who earns a taxable income of more than P36 000 will have to register himself with the Botswana Unified Revenue Service (BURS) and obtain a Tax Identification Number (TIN).
Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.
A sport light of the tax amendments that has been recently published in government gazette. These amendments will be effective from 1st July 2011 for the tax year June 2012, pending gazette publication.
Grant Thornton has put together its annual summary of the key highlights of the national budget delivered by the Minister of Finance and Development Planning, Honourable Kenneth Matambo. This year the focus of the budget is on “Cost effective and sustainable spending- enhance transparency and accountability”. View our 11-page summary to get a quick preview of the 2011/12 budget.
Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.