Pronouncement 1: Substantively enacted tax rates and tax laws under International Financial Reporting Standards and International Financial Reporting Standards for Small and Medium Enterprises
Overview
FRP 1 addresses the issue of when changes in tax rates and tax laws that are announced by the Minister of regarded as substantively Finance during the annual Budget Statement are enacted, in a South African IFRS for SMEs.
| Author | Financial Reporting Standards Council (FRSC) |
|---|---|
| Division | CPR - Financial reporting |
| Keywords | SAICA Pronouncement1 Financial Reporting IFRS for SMEs enacted tax rates and tax laws |
| Categories | Financial Reporting |
| Date | 2021 |
| File |