• Accounting Alert March 2020

Not-For-Profit Illustrative Financial Statements for 31 December 2019

We are pleased to announce that illustrative financial statements for the following entity types have been released and are available for download from our website:

These illustrative financial statements incorporate illustrative disclosures in relation to the adoption of:

  • The suite of new PBE Standards relating to investments in controlled entities, joint ventures and associates, namely PBE IPSAS 34 Separate Financial Statements, PBE IPSAS 35 Consolidated Financial Statements, PBE IPSAS 36 Investments in Associates and Joint Ventures, PBE IPSAS 37 Joint Arrangements and PBE IPSAS 38 Disclosure of Interests in Other Entities
  • PBE IPSAS 39 Employee Benefits

All of which are effective for annual periods beginning on/after 1 January 2019.


For more on the above, please contact your local BDO representative.