The New Accounting Standards: Revenue and Income Recognition and Leases
Carmen Ridley, a member of the Australian Accounting Standards Board, a Member of GAAP Consulting Network and Principal of Australian Financial Reporting Solutions will provide an overview about the application, challenges and common mistakes being made by NFPs when applying these new standards.
AASB 15, AASB 1058 and AASB 16 are now operative and must be applied by all NFPs!
Recent Financial Reporting Developments
Get up to date with the latest NFP financial reporting developments including:
- New disclosure requirements for NFPs preparing special purpose financial statements.
- Proposed changes to the “Not-For-Profit” definition and what these changes may mean for your organisation.
- The latest on the AASB’s Financial Reporting Framework Project and what the future of financial reporting is looking like for NFPs.
The update will include Q&A. If you have any specific questions that you would like answered simply, email your questions to Kim Kelloway at firstname.lastname@example.org 48 hours prior to the event. We will endeavour to cover off any questions received in the presentation or specifically in the Q&A. You are also welcome to ask questions on the day but responses may be limited due to time.