We formally consult our stakeholders on our work programme every three years by asking which projects the Board should undertake over the period. This ensures that the projects included in the work programme 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). The theme for the 2027 to 2029 work programme is “Financial Reporting for a Capable State”. This theme proposes that the ASB’s activities build on the previous work programme to focus on supporting local stakeholders with their ability to produce high quality financial reporting in the South African public sector. These activities would be 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. Look out for upcoming articles that discuss the proposals in more detail. |