Roundtables: Reduced Disclosure Requirements for Tier 2 Entities

Released in January 2017, Exposure Draft ED 277 Reduced Disclosure Requirements for Tier 2 Entities proposes a new set of principles for the AASB to determine required disclosures for Tier 2 entities. These changes aim to make financial reports more relevant and concise for many not-for-profit and non-listed entities. 

In April 2017 the AASB hosted roundtable sessions in Sydney, Canberra and Melbourne to gain stakeholders feedback.

Resources

• Roundtable discussions summary
• Exposure Draft ED 277 Reduced Disclosure Requirements for Tier 2 Entities presented by Clark Anstis, Assistant Technical Director (A/g), AASB; and Tim Austin, Assistant Project Manager, AASB
• Proposed Reduced Disclosure Requirements revisions for Tier 2 entities by Vanessa Sealy-Fisher CA, Senior Project Manager, XRB; CA ANZ's Perspective Series (April 2017)