BDO interactive eLearning materials on accounting for income and revenue by NFPs
Australian not-for-profit entities (NFPs) are experiencing the biggest upheaval in financial reporting since Australia adopted International Financial Reporting Standards (IFRS) in 2005.
Having already applied the new financial instruments standard (AASB 9) at December 2018/June 2019, this next reporting season will see the introduction of three new standards (the ‘triple-threat accounting standards’) for NFPs on leases (AASB 16), revenue from contracts with customers (AASB 15) and income (AASB 1058).
BDO is proud to launch our new interactive NFP elearning module on accounting for income and revenue by NFPs. This free, interactive elearning module on AASB 1058 and Appendix F of AASB 15 includes guidance and examples to demonstrate how the principles of these standards apply in practice.
Where to access?
You can access all of our elearning modules on our website.
For more information please contact your BDO adviser.