{"id":12335,"date":"2020-09-15T17:45:00","date_gmt":"2020-09-15T15:45:00","guid":{"rendered":"http:\/\/10.21.133.142\/?p=12335"},"modified":"2022-07-05T17:49:57","modified_gmt":"2022-07-05T15:49:57","slug":"submission-of-annual-financial-statements-using-generally-recognized-accounting-principles-grap-in-xbrl","status":"publish","type":"post","link":"https:\/\/www.cipc.co.za\/?p=12335","title":{"rendered":"Submission of Annual Financial Statements using Generally Recognized Accounting Principles (GRAP) in XBRL"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; theme_builder_area=&#8221;post_content&#8221; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;34px|||||&#8221; custom_margin=&#8221;-74px|||||&#8221;][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_accordion _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_accordion_item _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; open=&#8221;on&#8221;]<\/p>\n<p><span>The 1st July 2018 marked a significant milestone in the CIPC\u2019s journey in adopting XBRL as a digital platform and standard of financial reporting which supported the submission of Annual Financial Statements (AFS\u2019s) generated based on the International Financial Reporting Standards (IFRS). The submission of AFS\u2019s that were generated based on Generally Recognized Accounting Principles (GRAP) will now be supported from 01 October 2020.<\/span><\/p>\n<p><a href=\"https:\/\/www.cipc.co.za\/\/wp-content\/uploads\/2022\/07\/Notice_43_of_2020_-_GRAP_Filing1.pdf\">Submission of Annual Financial Statements using Generally Recognized Accounting Principles (GRAP) in XBRL<\/a><\/p>\n<p>[\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 1st July 2018 marked a significant milestone in the CIPC\u2019s journey in adopting XBRL as a digital platform and standard of financial reporting which supported the submission of Annual Financial Statements (AFS\u2019s) generated based on the International Financial Reporting Standards (IFRS). The submission of AFS\u2019s that were generated based on Generally Recognized Accounting Principles [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-12335","post","type-post","status-publish","format-standard","hentry","category-notices"],"_links":{"self":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/12335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12335"}],"version-history":[{"count":3,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/12335\/revisions"}],"predecessor-version":[{"id":12350,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/12335\/revisions\/12350"}],"wp:attachment":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}