Action Alert No. 239

Friday, May 2, 2025

The Action Alert for the 212^th AASB Board Meeting is now available.  The AASB met in public and in private on 1 May 2025. At the meeting, the Board made key decisions in relation to:

• Conceptual Framework – Not-for-Profit Amendments
• Not-for-Profit Private Sector Financial Reporting Framework (Tier 3)
• Application of AASB 18 by Not-for-Profit and Superannuation Entities
• Tier 2 – Review of AASB 1060
• ITC 51 - Post-implementation Review of Not-for-Profit Topics