Control, Structured Entities, Related Party Disclosures and Basis of Preparation of Special Purpose Financial Statements |
Introduction
The AASB is currently undertaking a post-implementation review (PIR) of certain domestic requirements in Australian Accounting Standards that apply to not-for-profit (NFP) private and public sector entities.
This survey addresses the NFP topics set out in ITC 51 Post-implementation Review of Not-for-Profit Topics - Control, Structured Entities, Related Party Disclosures and Basis of Preparation of Special Purpose Financial Statements.
AASB staff have prepared a snapshot document which provides an overview of the topics being considered in this PIR and is suggested reading before the completion of this survey.
This survey addresses the NFP topics set out in ITC 51 Post-implementation Review of Not-for-Profit Topics - Control, Structured Entities, Related Party Disclosures and Basis of Preparation of Special Purpose Financial Statements.
AASB staff have prepared a snapshot document which provides an overview of the topics being considered in this PIR and is suggested reading before the completion of this survey.
A PIR is a process for the AASB to seek feedback from stakeholders once a new pronouncement has been in operation for a certain period of time. This feedback enables the AASB to conclude on a pronouncement’s overall effectiveness and efficiency in meeting its original objectives, including whether the pronouncement remains appropriate.
Comments are invited on any of the matters in this PIR by 31 March 2023. The AASB regards supportive and non-supportive comments as essential to a balanced review of the issues.
This survey will take approximately 20 minutes to complete. You can close the survey and return to it and submit later if you are unable to complete the survey in one sitting. The survey can be completed via portable devices like smartphones or tablets.