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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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.
The Botswana Unified Revenue Service (BURS) has put into action changes on self-assessment tax payers.
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 “Building a productive economy to archive sustained growth”. View our 8 page summary to get a quick preview of the 2014/15 budget.