Australian Accounting Standards Board
Tuesday, September 13, 2022
The AASB submitted its response to the Queensland Department of Justice and Attorney-General on proposed amendments to the Associations Incorporation Regulation 1999 and the Collections Regulation 2008.
The AASB highlighted the importance of harmonisation of financial reporting requirements and potential changes to the not-for-profit financial reporting framework, including the interactions between the framework and reporting thresholds set by the respective regulators.
Read more here.