Outreach: Developing a Simpler Reporting Framework for NFP Entities in Australia

Wednesday, November 27, 2024

AASB Staff are holding outreach sessions to obtain feedback from not-for-profit stakeholders on:

Exposure Draft ED 334 Limiting the Ability of Not-for-Profit Entities to Prepare Special Purpose Financial Statements; and
Exposure Draft ED 335 General Purpose Financial Statements – Not-for-Profit Private Sector Tier 3 Entities

To accompany the consultation on these Exposure Drafts, the AASB has published:

A webcast that provide an overview of the key proposals in ED 334 and ED 335. Please click here to download the slides to the webcast.
A summary of the Tier 3 Exposure Draft proposals and the extent of simplification against Tier 2 reporting requirements.
A key facts document that provides a high-level overview of the Exposure Drafts.

The outreach sessions are expected to be interactive, and places are limited.It is important that you understand what is included in the proposals before attending the outreach sessions. Please watch the webcast which provides a good overview of the proposals. Register your interest to attend by clicking the link to one of the sessions below:

Date and Time	Virtual or in-person	Registration
11 December 2024 [10:00am – 12:00pm AEDT]	Virtual	Click to access Zoom details
29 January 2025 [1:00pm – 3:00pm AEDT]	Virtual	Click to access Zoom details
25 February 2025 [3:00pm – 5:00pm AEDT]	Virtual	Click to access Zoom details
6 February 2025	In-person (Melbourne)	Click to register on Eventbrite
11 February 2025	In-person (Sydney)	Click to register on Eventbrite

Please click here to download the agenda for the outreach events.