Client Portal

AASB work program for 2013/14

The AASB has released an updated work program which reveals that it expects to release the revised NFP standards dealing with control and related parties in Quarter 4 of 2013 as well as a revised exposure draft for Income from transactions of NFP entities in quarter 2 of 2014. In addition, they will release the new superannuation standard replacing AAS 25 and AASB 1031 Materiality is also likely to be withdrawn.

The work program can be viewed here:

Let us keep you up-to-date

Subscribe to the NFPAS email newsletter to receive not for profit industry news and special updates.