AASB Action Alert No. 211
Tuesday, November 16, 2021
The Action Alert for the 184th AASB board meeting is now available. The AASB Board met in public via videoconference on10-11 November 2021. At the meeting the Board made key decisions in relation to:
- Income of Not-for-Profit Entities – Narrow-scope Amendments
- Right-of-Use Assets of Not-for-Profit Entities under Concessionary Leases
- First-time Adoption of AASB 1 by a Subsidiary
- Disclosures of Accounting Policies – Amendments to Tier 2 and Other Australian Accounting Standards
- Insurance Activities in the Public Sector
- Not-for-Profit Private Sector Financial Reporting Framework
- Fair Value Measurement for Not-for-Profit Entities
- Disclosure Initiatives