The AASB has published its Discussion Paper – Development of Simplified Accounting Requirements (Tier 3 Not-for-Profit Private Sector Entities) being the first step in revising the not-for-profit private sector financial reporting framework. Comments are open until 31 March 2023.
AASB staff will be hosting five virtual outreach events to consult with stakeholders on the proposed Tier 3 accounting requirements on some of the key topics in the Discussion Paper.
To view the AASB discussion paper and to provide feedback, click here
To register for a virtual outreach session, click here