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PKF New England North West

Local & Independent | National Capabilities | Global Reach

PKF NENW News

Clarity Winter Edition 2019

08 Aug 2019

 

AASB 1058 - RECOGNISING  THE FINANCIAL IMPACT OF VOLUNTARY SERVICES

Non-public sector Australian not-for-profit (NFP) entities will soon have the option to recognise the benefit of voluntary services received in their profit or loss account. What does this mean for those in the sector, and should boards be considering implementation of this choice?

 

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