GRAP Standards Training

Learning Outcomes

• Apply the principles of GRAP to the preparation of periodic accounting reports.
• Analyze financial data to ensure accurate recognition, measurement, and disclosure in accordance with GRAP.
• Evaluate the completeness and compliance of periodic reports with GRAP requirements.
• Demonstrate the ability to present periodic financial reports clearly and transparently to stakeholders.
• Implement internal controls to ensure the integrity of periodic reporting processes.

Target Audience

This course is designed for accountants, financial managers, and reporting professionals working in the public sector or entities that are required to comply with GRAP. It is also suitable for those seeking to enhance their understanding of GRAP-based periodic reporting.

Prerequisites

None — open enrollment.

Course Outline

Practicals

Overview

The practicals provide hands-on experience in applying GRAP standards to realistic scenarios, including journal entries, financial statement preparation, and case analysis. This reinforces the theoretical concepts and prepares learners for real-world GRAP reporting.

Practical Activities

• Journal Entries and Ledger Postings under GRAP — Learners record journal entries for various transactions (e.g., property, plant and equipment, inventories, revenue) and post them to ledgers, applying GRAP principles. (2h)
• Financial Statement Preparation — Using a comprehensive trial balance of a fictional municipality, learners prepare a complete set of financial statements in accordance with GRAP, including notes. (3h)
• Case Study: Complex GRAP Transactions — Learners analyze a case study involving leases, provisions, and employee benefits, applying GRAP standards to determine the correct accounting treatment and prepare relevant disclosures. (3h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	40% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.