Navigate 2026 financial reporting with confidence using ifrs-example-consolidated-financial-statements-2026. This comprehensive publication illustrates the application of IFRS Accounting Standards, including the early adoption of IFRS 18, and provides practical guidance on presentation, disclosure, climate-related considerations, management-defined performance measures, financial instruments, and other key reporting developments effective for 2026 reporting periods.
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Learn how purchasers should account for inventory discounts and rebates under IFRS Accounting Standards. This IFRS Viewpoint explores the accounting treatment of trade discounts, settlement discounts, volume-based rebates, and supplier payment arrangements, providing practical guidance, key considerations, and real-world examples to support accurate inventory valuation and financial reporting.
Learn why board succession planning is a critical governance priority for organisations in Botswana. This publication outlines the key steps in the succession planning process, common challenges such as limited talent pools, overboarding, and skills gaps, and practical strategies for ensuring leadership continuity, board effectiveness, diversity, and long-term sustainability. It also highlights the role of board evaluations, candidate pipelines, governance frameworks, and director development in creating future-ready boards.
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The new IFRS 16: Leases standard has been issued by the IASB. The core principle of the new standard is that lessees should recognise all leases on their balance sheet.
As per the latest available report, this BWP 6.4 billion industry currently contributes over 7.1% of the country’s GDP, in real terms as compared to 4% in 2006. Over the last decade, this industry has grown at an impressive Compounded Annual Growth Rate (CAGR) of 15%, outperforming the economy in all years, except 2013.
The economy finished 2017 on a strong note, with YoY GDP growth accelerating to 6.5% in Q4 from 1.1% in Q3 thanks to a sharp rebound in the Trade, hotels and restaurants sector, driven by inclusion of diamond aggregation process under this sector.
You’re ready to grow your business, and we’re ready to help! Success line Hub connects you to Corporate Services Alert related issue and timely business insights. Browse the hub or contact one of our advisors.
You’re ready to grow your business, and we’re ready to help! Budget Hub connects you to Botswana Budget related issue and timely business insights. Browse the hub or contact one of our advisors.
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 “Sustainability and good governance”. View our 4 page summary to get a quick preview of the 2018/19 budget.
All tax payers will be required to file their personal tax returns online, due on or before 29 September 2017. View our alert for more information, to be read in conjunction with the “Application for eService form”.
BURS has implemented Custom Management System (CMS) replacing the old ASYCUDA ++ (Automated System for Custom Data) with effect 01 January 2017. The new CMS serves to enhance Customs related transactions at Botswana borders. Following the implementation of CMS, all tax payers having import /export transactions are required to register for e-Customs using e-Services with BURS. Presently, CMS is initiated at certain borders and will be applied to all entry points beginning 1st of Feb 2017. All borders will be CMS compliant by 31st March 2017.
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 “Sustainable diversification”. View our 2 page summary to get a quick preview of the 2017/18 budget.
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 “Stimulus for growth”. View our 1 page summary to get a quick preview of the 2016/17 budget.
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 “Fuelling economic growth and diversification”. View our 1 page summary to get a quick preview of the 2015/16 budget.
With effect from 15th April 2015, taxpayers and authorized tax representative are advised that BURS will only accept bank guaranteed cheques to settle tax owing.
Certain amendments have been made to the Value Added Tax Act. These amendments are effective from 23 January 2015. BURS would expect anyone affected by the stated change to take appropriate steps with immediate effect.
Grant Thornton International Business Report is an annual report conducted by Grant Thornton International. This edition which focuses on Botswana, provides an economic update.
Success line is Grant Thornton Botswana’s semi-annual thought leadership publication that covers trending topics and latest developments.