19 November 2018 - NW3385
Grootboom, Mr GA to ask the Minister of Arts and Culture
Whether, with reference to the implementation of the Generally Recognised Accounting Practice 103 project across the art and culture sector, his department has a record of all works of art in government buildings, especially in offices of Members of Executive Councils; if not, why not, if so, what are the relevant details? NW3874E
The art works that are found in government departments and held in the offices of Members of the Executive Councils are not under my department, as every government department has its own asset register.
Government departments do not use GRAP 103 in terms of asset management – there is a modified cash system to report in terms of cost price.