Not For Profits – Are you audit ready?
Overview
NFPs can save time and money, and communicate their business outcomes effectively, by being ‘audit ready’. Being ‘audit ready’ requires organisations to effectively manage their financial reporting risk.
In this practical session, we will look at the latest financial reporting issues that poses practical challenges to NFPs:
Practical issues experienced with applying the new revenue standards AASB 15 and AASB 1058
Ongoing lease management and accounting requirements under the new AASB 16
Accounting for peppercorn leases under AASB 16 Leases
Latest developments around the reporting framework, i.e. removal of special purposes financial statements
Learning Outcomes:
Practical issues experienced with applying the new revenue standards AASB 15 and AASB 1058
Ongoing lease management and accounting requirements under the new AASB 16
Accounting for peppercorn leases under AASB 16 Leases
Latest developments around the reporting framework, i.e. removal of special purposes financial statements
Suited to:
Auditors, CFOs, Board Members, Financial Controllers, Finance Teams, and Accountants involved in the preparation of financial reports for Not For Profits.
You will also be provided with:
- The PowerPoint Presentation Slide Deck
- A Searchable Transcript
- Any Supporting Documentation
- Webinar Recording to view multiple times for up to 6 months
- Q&A Session & follow up contact details
Course syllabus
3 lessons
- Not For Profits – Are you audit ready?Video
- FeedbackSurvey
- Knowledge QuizTest
Your presenter
Aletta Boshoff – Partner & National Leader, for IFRS Advisory at BDO AustraliaBDO Australia
Aletta is an IFRS advisory specialist with over 25 years’ experience in financial reporting and accounting, including IFRS. Aletta has lectured on financial accounting and reporting, auditing and assurance and taxation at various Australian and South African universities. As an Associate Professor, she authored various financial reporting and accounting textbooks. Aletta also spent a number of years as a Project Manager at the Australian Accounting Standards Board (AASB).
In particular, Aletta takes great pride in her ability to apply a wealth of technical expertise to real-world business situations. She works hard to ensure she is working with her clients, involving them at every step of the journey. She helps them to understand how she came to a recommendation, so that they can test any assumptions she has made and together they can come to the best IFRS solution possible.