Not-for-Profit Financial Reporting Framework

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.

Accompany materials to the Discussion Paper 

To accompany the consultation on the Discussion PaperDevelopment 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.

Responding to the Discussion Paper

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  

Other Not-for-Profit related projects 

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.



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