As the Head of Technical, I believe our work programme is one of the ASB’s most important documents, if not the most important. The work programme determines the projects and activities that we undertake in a 3-year period and gives effect to our strategic vision and objectives. We formally consult our stakeholders on our work programme to ensure that the projects included are relevant and are given the appropriate priority. We are at the point in the work programme cycle where we need to identify potential projects and activities for the period 1 April 2026 to 31 March 2029 (2027 - 2029 work programme). Last week, our CEO shared our vision for the 2026-2030 period is to “Strengthen democracy in South Africa through relevant, transparent financial reporting”. The activities we undertake in the period should support this strategy and we have themed the 2027 to 2029 work programme accordingly as “Financial Reporting for a Capable State”. This proposes that our work focuses on supporting local stakeholders with their ability to produce high quality financial reporting in the South African public sector. To achieve this, we propose that the activities of the ASB are centred on stakeholder engagement and support while maintaining the existing suite of Standards, and, to a lesser extent, developing new reporting requirements to fill the last remaining gaps in the ASB’s guidance. Previous articles explained the specific areas of work proposed in the consultation. The Board will finalise the work programme by considering the feedback from our stakeholders in July 2025. SHARE YOUR INPUT Easy ways to comment on the consultation are: Completing a short survey by following this link or using the QR code below. Send us a letter or email to [email protected]. Attend upcoming roundtable discussions. Contact [email protected] for more information. Access the full consultation on our website here. Comment is due by 14 March 2025. We look forward to hearing from you. - Elizna van der Westhuizen |