AASB issues exposure draft on not-for-profit public sector entities
04 Jul 2011
The Australian Accounting Standards Board (AASB) is seeking comments in relation to its proposals to change the financial reporting requirements for not-for-profit entities, including government departments and statutory authorities, within the General Government Sector of the State, Territory and Federal Governments.
The proposals are contained in Exposure Draft ED 212 Not-for-Profit Entities within the General Government Sector, which is open for comment until 31 October 2011.
Click for AASB press release (link to AASB website).