AASB Active on NFP Topics

At their meeting in February 2016, the Australian Accounting Standards Board had discussions and made some tentative decisions on NFP-related topics including ED 269 Recoverable Amount of Non-Cash Generating Specialised Assets for Not-for-Profit Entities, income of NFP entities, the ACNC strategic plan, and the reduced disclosure requirements.

Details of what was discussed in relation to each of these topic areas can be found here.

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