Forthcoming webinar - Income of not-for-profit Entities: AASB 15 and AASB 1058 – AASB staff education session

Thursday, February 10, 2022

AASB staff will host a webinar education session covering key topics relating to the application of AASB 15 and AASB 1058 by not-for-profit entities.

The webinar will be held on Wednesday 2 March 2022 from 12pm to 1.30pm (AEDT).

The AASB staff webinar will focus on some of the key topics in applying the accounting standards requirements including:

• considering whether a contract has sufficiently specific performance obligations;
• principal vs agent considerations;
• identifying which Standard applies to various types of income of not-for-profit entities;
• assessment of agreement enforceability;
• capital grants and grants received in arrears.

Registration for the webinar has closed due to reaching the capacity. A recording of the session will be made available on the AASB website for those unable to attend.