13 Oct. 2009
Not-for-profit project panel applications have now closed
Applications to join the Project Advisory Panel for the AASB project Disclosures by Private Sector Not-for-Profit Entities have now closed.
For more information about the project, please click here.
About the Project
Phase One: New financial and non-financial disclosures
Initially, the project will explore what useful information is not currently required to be disclosed by private sector not-for-profit entities, and consider whether to develop requirements or other guidance to fill the gaps. The first part of Phase One will focus on service performance reporting and is expected to have a 12-month development period between September 2009 and August 2010.
The second part of Phase One will consider other disclosures that are not within the scope of service performance reporting. The timing of the second part is dependent on the outcome of the first part.
Phase Two: Assessment of existing disclosure requirements
This phase will identify current disclosures that, on cost-benefit grounds, should be removed or re-oriented to meet private sector not-for-profit specific needs. The timing of Phase Two is dependent on the outcome of Phase One.