RAiNFinancial instruments, correctly accounted for — and audit-ready.
Practical implementation of the revised GRAP 104 for public sector entities.
Speak to us about GRAP 104 Implementation.
The challenge
The revised GRAP 104 changes how public sector entities classify, measure, impair and disclose financial instruments such as receivables, investments, loans and payables. It needs data and judgement that many finance teams do not have readily available. confirm: effective-date wording with ASB guidance
Why it matters
Getting it wrong risks material misstatement and audit findings. Getting it right strengthens the credibility of your annual financial statements and the quality of information for decision-makers.
Key benefits
- Compliant annual financial statementsFinancial instruments classified, measured and disclosed in line with the revised standard.
- Fewer audit findings on financial instrumentsJudgements and calculations documented before the auditor asks.
- Clear accounting policies and documented judgementsPolicies and position papers your team and auditors can follow.
- Lasting capacity built in your finance teamTraining so your team can apply the standard after the project ends.
What we deliver
- Impact assessment and gap analysis
- Inventory and classification of financial instruments
- Impairment model design and calculation
- Accounting policies and position papers
- Transition adjustments and disclosures
- AFS note preparation
- Training for finance teams
Where Monsoon helps
Monsoon analyses complete debtor and instrument populations — ageing, payment history, write-offs — to support impairment calculations with evidence.
- Connect your data securely
- Monsoon tests full populations on defined procedures
- Our experts interpret and advise
GRAP 104 Implementation
- Population
- Full population
- Procedure
- Defined procedure
- Exceptions
- Flagged for review
- Evidence
- Linked to source
Who it is for
- Municipalities
- National and provincial departments
- SOEs
- Public entities reporting under GRAP
Proof
An anonymised client outcome will appear here.
Proof point to supply: Number of entities supported (if any) (confirm: verify before publishing)
Start with a 30-minute conversation.
Tell us what keeps you up at night. We will show you what complete evidence could change in your business.