Oberholster, J.G.I. (Johan Gerhardus Ignatius), 1962-2008-08-292008-08-291999-06Oberholster, J 1999, 'Financial accounting and reporting in developing countries: a South African perspective', South African Journal of Economic and Management Sciences, vol. 2, no. 2, pp. 222-239. [http://www.journals.co.za/ej/ejour_ecoman.html]1015-8812http://hdl.handle.net/2263/6797South Africa is currently going through major changes in political, social and other arenas. It is therefore appropriate to consider the effect of these developments on financial reporting in a changing environment. This paper explores the origins of the current South African accounting system, given its status as a developing country, and endeavours to show that financial reporting needs to be amended to reflect the changing face of the South Africa's social fabric, its status as a developing country, as well as the emergence of new users of financial statements. Certain recommendations are made to address these issues.1973643 bytesapplication/pdfenFaculty of Economic and Management Sciences, University of PretoriaFinancial accountingFinancial reportingDeveloping countriesSouth AfricaAccounting systemsFinanceEconomicsAccounting -- South AfricaFinancial statements -- South AfricaArticle