A
National Government
Accounting Standards Board (ASB)
Departments, clusters, public entities, and national service providers.
Contact Details
| Postal | Private Bag X115, Pretoria, 0001 |
|---|---|
| Physical | 240 Madiba Street Pretoria |
| Tel | 011 697 0660 |
| Web | www.asb.co.za |
Overview
The Accounting Standards Board (ASB) sets accounting standards for the public sector in South Africa. Its standards shape how government departments and public entities record, present, and disclose financial information, supporting comparability and clearer accountability for public funds. By issuing guidance and keeping standards aligned with evolving reporting needs, the ASB helps improve the reliability and usefulness of public-sector financial statements.
Overseeing Department/Entity
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Office Bearers/Management
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Chief Executive Officer:
Mrs Jeanine Poggiolini
Mr A van der Burgh
Mrs J Poggiolini
Chairperson:
Mr Andrew van der Burgh
Deputy Chairperson:
n/a
Board Members:
Mrs Annalien Carstens
Ms Willemina de Jager
Mr Dumisani Dlamini
Mr Sandiso Gcwabe
Mr Aziz Hardien
Mr Shabeer Khan
Ms Alice Muller
Ms Lebogang Senne
Prof Rashied Small
Chief Financial Officer:
n/a
Senior Management:
Mrs Shereen Peter (Manager: Finance)
Ms Elizna van der Merwe (Head: Technical)
Communications Officers:
Mrs Julianne Vissie
Financial Information
| All Financial Values: R'000 | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 |
| AUDIT OUTCOME | Clean Audit | Clean Audit | Clean Audit | Clean Audit | Clean Audit |
| FINANCIAL POSITION | |||||
| Current Assets | 6 725 | 6 850 | 5 743 | 1 925 | 3 734 |
| Non-Current Assets | 188 | 86 | 96 | 181 | 365 |
| Total Assets | 6 913 | 6 936 | 5 840 | 2 106 | 4 099 |
| Current Liabilities | 5 392 | 5 273 | 4 673 | 1 925 | 3 734 |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 5 392 | 5 273 | 4 673 | 1 925 | 3 734 |
| Total Net Assets | 1 522 | 1 663 | 1 167 | 181 | 365 |
| FINANCIAL PERFORMANCE | |||||
| Total Revenue | 15 292 | 14 231 | 13 176 | 13 361 | 11 769 |
| Revenue from Exchange Transactions | 648 | 693 | 349 | 207 | 206 |
| Revenue from Non-Exchange Transactions | 14 643 | 13 538 | 12 827 | 13 154 | 11 563 |
| Total Expenditure | (15 433) | (13 736) | (12 190) | (13 545) | (11 745) |
| Employee Related costs | (11 253) | (9 687) | (9 428) | (10 524) | (9 559) |
| Surplus/(Deficit) for Year | (141) | 496 | 986 | (184) | 23 |
| CASH FLOW | |||||
| Net Cash Flows from Operating Activities | (651) | (246) | 3 416 | (1 766) | 2 249 |
| Net Cash Flows from Investing Activities | 484 | 653 | 332 | 126 | 41 |
| Cash & Cash Equivalents at End of Year | 5 913 | 6 080 | 5 673 | 1 925 | 3 565 |
| UIFW EXPENDITURE | |||||
| Unauthorised Expenditure | - | - | - | - | - |
| Irregular Expenditure | - | - | - | 86 | - |
| Fruitless & Wasteful Expenditure | - | - | - | 21 | 20 |
| HUMAN RESOURCES | |||||
| Posts Approved | 7 | 7 | 7 | 7 | 7 |
| Posts Filled | 7 | 7 | 6 | 6 | 7 |
| SOURCE | Annual Report | Annual Report | Annual Report | Annual Report | Annual Report |
| Note | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit Report. | Not audited by AGSA. Independent Audit Report. |