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Die openbaarmaking van skripdividendskemas in Suid‐Afrika

P. Olivier (Departement Rekeningkunde, Universiteit van Stellenbosch)
A. van der Merwe (Departement Rekeningkunde, Universiteit van Stellenbosch)
I. DuRand (Departement Rekeningkunde, Universiteit van Stellenbosch)

Meditari Accountancy Research

ISSN: 1022-2529

Article publication date: 1 October 2004



Scrip dividend schemes provide shareholders with the option to choose shares instead of a cash dividend. Scrip dividends became popular in South Africa after the introduction of Secondary Tax on Companies (STC) in 1993. Thus far, no guidance on the recognition, measurement or disclosure of scrip dividends has been issued by the South African Institute of Chartered Accountants (SAICA). This article proposes disclosure regarding scrip dividend schemes that will provide relevant information to the users of financial statements. The proposed disclosure is based on the assumption that entities recognise and measure scrip dividends in accordance with the re‐investment method, as opposed to the capitalisation issue method.



Olivier, P., van der Merwe, A. and DuRand, I. (2004), "Die openbaarmaking van skripdividendskemas in Suid‐Afrika", Meditari Accountancy Research, Vol. 12 No. 2, pp. 125-139.



Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited

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