The link to the latest FAQ on fully depreciated assets, still under discussion:
Please contact Rudolf Rautenbach on 082 320 4067 if you require further information about the changes
During the December holidays the ASB issued ED139 regarding the recognition and derecognition of land for comment.
The issues identified for clarification with an impact on the recognition and derecognition of land are:
(a) an entity may be required to act as the custodian of the land;
(b) an entity may be the legal owner of the land;
(c) an entity may be required to use the land or may be granted a right to use land to meet its service delivery objectives; or
(d) restrictions may be imposed on an entity in relation to the transfer of land.