GRAP 104 - Financial instruments

CPD hours:  1

This session explores the foundational accounting treatment of financial instruments in accordance with GRAP 104.

Financial instruments are often seen as one of the more technical areas in public sector accounting. However, understanding their basic principles is essential for preparing financial statements that are both accurate and transparent. This course breaks down the key concepts into manageable parts, helping you build a practical understanding of how financial instruments are identified, measured, and presented.

Whether you are engaging with this content for the first time or revisiting the fundamentals, the goal is to provide clarity and confidence in applying the standard.

What you will learn

By the end of this course, you will be able to:

• Explain the essential building blocks of financial instruments in the public sector.
• Apply a structured approach to recognition, measurement, and disclosure.
• Strengthen your ability to interpret and implement GRAP 104 in practice.

Important information

Please take note of the following important details regarding your course access and certification:

• Certificates will be issued on the date of successful completion of the assessment and will reflect that date.

• Course access is valid for 12 months, after which the course will close.

• No updates will be made to the course during the 12-month access period. If updates become available, they will be released in a new course available for purchase on our website.

• For the Altimax terms and conditions, please refer to our website.