Not For Profit Accounting Update for FY 2019/20 Reporting

PL # 12459.
Starting on 2 Dec 2019
Cancellation permitted until 26/11/2019

Event registrations closed on 2/12/2019


AISWA invites you to the Not For Profit Accounting Update for FY 2020 reporting to discuss the transition to the triple whammy of AASB 15, AASB 1058 and AASB 16. This technical seminar, run by BDO IFRS Advisory experts Wayne Basford and Susan Oldmeadow-Hall will assist you in preparing your both 31st December 2019 and 30 June 2020 year-end account.

With Year-end fast approaching for schools to disclose the impacts of their transition to AASB 15 Revenue from Contracts with Customers, AASB 1058 Income for Not-For-Profit Entities, and AASB 16 Leases.

The new revenue standards requires disclosure of key decisions made in relation to the timing and amount of revenue recognition, and a significantly enhanced segment reporting note in addition to transition disclosures. Now is the time to get these disclosures right. Failure to do so runs the risk of audit delays.

In this practical accounting update, Wayne and Susan will run through the key issues to consider in transitioning to these new accounting standards. 
• Transition to AASB 15 Revenue from Contracts with Customers
• Disclosures required in the full year financial statements on adoption of AASB 15
• Practical issues in implementing AASB 16 Leases
• Update on new accounting standards and interpretations
• Potential application issues we are seeing in the practice

Wayne Basford
BDO Partner, Audit

Susan Oldmeadow-Hall
BDO Partner, Audit

More Information


Wayne Basford

BDO IFRS Advisory Services

Wayne is an Audit & Assurance Partner with BDO in Perth. Wayne is highly qualified and experienced in delivering both technical expertise and thought leadership to a national and international audience. Wayne has over 25 years’ experience in audit and advisory services. He has worked with major global accountancy firms across three continents, developing extensive experience with large, multinational audits (particularly cross border listings in China).
Wayne is a specialist in International Financial Reporting Standards (IFRS). He regularly authors technical papers and newsletters on application of IFRS and Auditing Standards, and acts as an expert witness on litigation and dispute matters.
Wayne joined BDO WA as a Partner in 2012. Prior to BDO, he held positions in a number of accounting firms, including the Big 4. Wayne holds several leadership positions within the local, regional and international firm. He is IFRS leader for BDO’s Asia Pacific region, head of BDO WA’s professional training division ‘Insite’, and head of BDO WA’s IFRS Advisory Team.



Susan Oldmeadow-Hall

BDO IFRS Advisory Services

Susan is a partner in the IFRS Advisory team. She  joined BDO WA in 2016, bringing to the team over 20 years’ experience in technical accounting services. Susan brings technical depth to the BDO team having worked in the financial services industry and being a former Technical Accounting Partner of a Big 4 accountancy firm. Susan has extensive experience in respect of complex business combination transactions and IPOs, advising on the application of IFRS to specific transactions and an in depth knowledge of the rules relating to Australian financial services licensees. Susan enjoys working hands on with clients to address their technical accounting issues and IFRS conversion projects.


Event Segment

Date / Time

Starts: 13:00
Finishes: 15:00


Telethon Speech and Hearing Centre
36 Dodd Street
Wembley WA 6014

Location Specifics

Auditorium Room

Learning Area

School Area

  • Business Manager

Event Contact

AITSL Standards