Simplified Financial and Sustainability Reporting for NFPs and SMEs

This masterclass is designed specifically for Not-for-Profit (NFP) organisations and resource-constrained entities seeking to navigate Tier 2 simplified disclosures under AASB 1060 with confidence, clarity and efficiency. The focus is on practical implementation, governance alignment and reducing unnecessary reporting complexity.

Target Audience

• CFOs and Finance Managers in NFP organisations
• Small and mid-tier accounting firms serving NFP clients
• Board members and governance professionals
• NFP peak bodies and sector support organisations
• SME entities applying Tier 2 simplified disclosures

Learning Outcomes

By the end of this course, participants will be able to:

• Understand the intent and structure of AASB 1060 Tier 2 simplified disclosures
• Identify common reporting burdens and duplication risks in NFP reporting
• Apply proportionality principles in sustainability and financial disclosures
• Integrate sustainability considerations into financial governance processes
• Develop a practical reporting workflow suited to limited-resource organisations
• Prepare for audit and stakeholder scrutiny with confidence

Course Structure

Module 1: Understanding Tier 2 & AASB 1060 in Context

• Overview of Australian reporting tiers
• Purpose and scope of AASB 1060
• Key differences from full Tier 1 reporting
• Implications for NFP organisations

Module 2: Identifying and Reducing Reporting Burden

• Common pain points in NFP reporting
• Avoiding over-reporting and duplication
• Streamlining disclosure preparation
• Practical examples and case studies

Module 3: Governance, Proportionality & Sustainability Integration

• Proportionality in sustainability reporting
• Aligning financial reporting with mission and impact
• Board oversight and accountability frameworks
• Service Performance Reporting considerations

Module 4: Practical Implementation Toolkit

• Step-by-step reporting workflow design
• Disclosure mapping template
• Governance checklist
• Audit preparation guidance
• Implementation roadmap for the next 12 months

Course Materials Provided

• Structured slide decks for each module
• Downloadable disclosure mapping templates
• Governance and reporting checklist
• Sample simplified disclosure examples
• Case study workbook
• Self-assessment quizzes
• Implementation action plan template

Delivery Format Options

• Online self-paced masterclass
• Blended workshop delivery for peak bodies or councils
• Customised in-house training for NFP networks
• CPD-accredited short course (subject to approval)