Not-For-Profits: Getting ready for the 31 December 2022 Reporting Season

All the new and amended financial accounting and reporting requirements applicable to your not-for-profit or charity

In this session we will guide you through all of the new and amended financial accounting and reporting requirements for 31 December 2022, including: 

•    Narrow scope amendments to AASB 116 Property, Plant and Equipment and AASB 137 Provisions, Contingent Liabilities and Contingent Assets

•    Amendments arising from Annual Improvements Cycle to AASB 9 Financial Instruments and AASB 16 Leases 

•    Amendments to NFP illustrative examples in AASB 15 Revenue from Contracts with Customers

•    New Charities’ reporting thresholds and other ACNC related matters

•    Accounting implications of the changes to the aged care bed licencing regime, and 

•    IFRIC update. 

We will also look at some of the findings from the June 2022 reporting period and issued but not yet effective Accounting Standards as at 31 December 2022.

Learning Outcomes:

Attendees will gain an understanding of:

•    how to identify the key changes in accounting and reporting requirements for 31 December 2022 year ends and beyond

•    the main financial reporting implications of these changes.

Suited to:

Auditors, CFOs, Board Members, Financial Controllers, Finance Teams, Accountants involved in the preparation of financial reports

This On Demand includes: 

• a recording of the webinar Event which can be viewed multiple times
• a PDF of the presenter’s PowerPoint
• a verbatim Transcript
• any supporting documentation
• a CPD Certificate after successful completion of the Knowledge Quiz