ANALYSIS: recognition and derecognition of land
The Accounting Standards Board issued a proposed Interpretation of the Standards of GRAP (IGRAP) on Recognition and Derecognition of Land (ED 139) for comment during December 2015. The comment deadline for ED 139 is 15 June 2016. By Amanda Botha The proposed IGRAP on Recognition and Derecognition of Land (ED 139) notes that ‘various laws…