The AASB invites you to attend a roundtable meeting on ED 212 and ED 214
Invitation to attend a roundtable meeting on proposals regarding financial reporting by not-for-profit entities within the General Government Sector (GGS) and extending related party disclosures to the not-for-profit public sector.
You are invited to nominate to attend a roundtable meeting with members and staff of the AASB to discuss the AASB’s proposals in the following Exposure Drafts:
(a) ED 212 Not-for-Profit Entities within the General Government Sector; and
(b) ED 214 Extending Related Party Disclosures to the Not-for-Profit Public Sector.
The proposals in ED 212 aim to substantially improve financial reporting by NFP entities within the GGS of the Federal, State and Territory Governments, having regard to cost/benefit considerations, GAAP/GFS harmonisation principles and the AASB’s other projects. ED 214 proposes to remove the exemption for NFP public sector entities from complying with the disclosure requirements set out in paragraphs 1-28 of AASB 124 Related Party Disclosures.
The roundtable meetings will provide a forum to discuss the proposals included in ED 212 and ED 214.
Sydney
Date: Tuesday, 4 October 2011
1:00 pm – 5:00 pm
Venue:
The Portside Centre
Symantec House
207 Kent Street
Sydney
Melbourne
Date: Tuesday, 18 October 2011
1:00 pm – 5:00 pm
Venue:
Australian Accounting Standards Board,
Level 7, 600 Bourke Street,
Melbourne
Click here for a downloadable summary of the events and the questions for discussion.
To register for a roundtable meeting as a participant or an observer, please click here to complete and submit the electronic registration form before Friday, 30 September 2011 for Sydney, and Friday, 14 October 2011 for Melbourne. Please note that due to the interactive nature of roundtables, it might be necessary for us to limit the number of participants.