This page provides links to the publications and outreach relevant to the AASB's consultation on the development of simplified accounting requirements for smaller not-for-profit private sector entities.
To accompany the consultation on the Discussion Paper — Development of Simplified Accounting Requirements (Tier 3 Not-for-Profit Private Sector Entities), the AASB has published:
To support the consultation, the AASB staff have updated Research Report 10 Legislative and Regulatory Financial Reporting Requirements to help with the identification of the entities with financial reporting obligations under Federal and State/Territory requirements that will or may be affected by the Board's proposals.
Stakeholders can provide feedback to the questions in the Discussion Paper during the six months consultation period using any of the following methods:
|Dates and Time||Zoom registration links|
|28 October 2022 [12:00pm – 1:00pm AEDT]||Click to access Zoom details|
|22 November 2022 [1:30pm – 2:30pm AEDT]||Click to access Zoom details|
|07 December 2022 [1:00pm – 2:00pm AEDT]||Click to access Zoom details|
|03 February 2023 [3:00pm – 4:00pm AEDT]||Click to access Zoom details|
|01 March 2023 [12:00pm – 1:00pm AEDT]||Click to access Zoom details|
The AASB is seeking feedback from stakeholders to assist its assessment of whether certain requirements of Australian Accounting Standards that apply to not-for-profit (NFP) public and private sector entities continue to meet their original objectives, including whether the requirements remain appropriate. The Post-implementation Reviews will cover:
Please click here for more information.