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Proposed new reporting tier to support small NFPs

Ruby Kraner-Tucci, Wednesday, 5th October 2022 - The Australian Accounting Standards Board (AASB) is calling on industry professionals to review proposed changes aimed at simplifying accounting and reducing costs for small …

Peppercorn Leases and Other Leases With Significantly Below-market Terms and Conditions

Maggie Coggan, Thursday, 29th November 2018 - With not for profits struggling to come to grips with the concept of valuing peppercorn leases and other leases with significantly below-market terms and conditions, HLB Mann Judd…

The Adoption of New Accounting Standards: The Financial Report Users’ Perspective

Maggie Coggan, Tuesday, 23rd October 2018 - With Australian financial reporting poised for significant upheaval, Nick Walker, partner in audit and assurance at HLB Mann Judd, explains what the introduction of new accounting…

NFPs Encouraged to Use ACNC Review to Drive Financial Reporting Change

Wendy Williams, Tuesday, 27th February 2018 - Not for profits are being urged to use the Australian Charities and Not-for-profits Commission legislative review to drive a positive change for financial reporting within the …

Reporting Change a Big Burden for Small Charities

Ellie Cooper, Tuesday, 29th September 2015 - A proposed change to the way Not for Profits recognise income in financial reporting will be too complex and costly for smaller NFPs to implement, a leading advisor to the sector has…

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