Debate, challenges in implementing IAS 1
The International Accounting Standard 1 (IAS 1) serves as a foundational framework for financial reporting, guiding how organisations present their financial statements.
By Agripa Nyahuma
8h ago
Tsholotsho council accounts in shambles
The AG said this was contrary to IAS 40 “investment property” paragraph 5, which requires properties held to earn rentals or for capital appreciation or both to be classified as investment property
By Silas Nkala
Aug. 17, 2025
Shurugwi financial records in a mess: AG
The report revealed that the ZWL$340,01 million expenditure had no supporting documents, leaving auditors unable to verify the accuracy of financial statements.
By Silas Nkala
Aug. 1, 2025
Gwanda Municipality in payroll dilemma
AG flagged the mismatch, noting that no reconciliations were done between payroll summaries and ledger records, raising doubts about the accuracy of reported payroll expenses
By Silas Nkala
Jul. 31, 2025
Ring-fence right skills, councils told
Acting Auditor General Rheah Kujinga said local authorities need to bring financial reporting to date, while updating their systems to sustain the IPSAS software.
By Tafadzwa Mhlanga
Mar. 20, 2024
Breaking down IPSAS standards
IPSAS enhances the transparency of financial reporting, making it easier for stakeholders to understand the financial position & performance of public sector entities.
By Owen Mavengere
Oct. 20, 2023
Interview: Parastatals embrace good corporate governance: CGI
Did you discuss anything about reporting on International Accounting Standard (IAS) 29?
By Melody Chikono
Aug. 11, 2023
Hyperinflation leaves firms in reporting fix
Mandisodza said Zimbabwe was still in the jaws of hyperinflation because inflation was now back above 100%.
By Mthandazo Nyoni
Jan. 13, 2023
‘Bribe-taking bigwigs stifle corruption war’
The Zacc boss added that grand corruption was complex and required specialised skills to uncover.
By Melody Chikono
Oct. 7, 2022
