Expert Support for GRAP 104 Financial Instruments

Open Closing: 8 May 2026 at 16:00 Published: 14 Apr 2026

Overview

Summary

The ASB seeks an expert to assist its Reference Group on GRAP 104 Financial Instruments (Revised 2019) for a two-year term. The role involves developing educational materials, facilitating discussions, and providing technical guidance.

Detailed Description

The Accounting Standards Board (ASB) is inviting bids for expert consultancy services to support its Reference Group on GRAP 104 Financial Instruments (Revised 2019). This engagement aims to enhance the understanding and application of GRAP 104 within the public sector, aligning it with international standards such as IFRS 9 and IPSAS 41. The selected expert will be responsible for developing detailed presentations, facilitating quarterly meetings, and providing technical advice on financial instruments. Additionally, the expert will assist in identifying and addressing implementation challenges faced by stakeholders, ensuring that the guidance provided is practical and relevant.

The Reference Group, established in 2021, focuses on discussing the application of GRAP 104 to specific public sector transactions and events. The expert's contributions will be critical in producing FAQs, fact sheets, and other communication materials to aid stakeholders in navigating the complexities of financial instruments. This two-year contract will commence upon the signing of the agreement, with quarterly meetings and ad-hoc support required throughout the duration. Interested bidders should possess a deep understanding of financial reporting standards and demonstrate relevant experience in the public sector.

Suitable Businesses

This tender is suitable for consulting firms, financial experts, or individuals with extensive experience in public sector accounting and financial instruments, particularly those familiar with GRAP, IFRS, and IPSAS standards.

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