15RU-013 Service performance reporting requirements for not-for-profits
15RU-013 Service performance reporting for NFPs
Exposure Draft (ED 270) proposes to establish principles and requirements for not-for-profit entities in both the public and private sector to report service performance information annually.
The key elements of the disclosure include the identification of service performance objectives and evaluation of performance indicators.
Key points
- ED 270 proposes NFP entities disclose service performance information annually
- Impact likely to be more significant for private sector NFPs
- Disclosures can be in annual report or separate document
- No comparatives required for first year of application
- Submissions for comment letters are due on 12 February 2016.
KPMG Australia acknowledges the Traditional Custodians of the land on which we operate, live and gather as employees, and recognise their continuing connection to land, water and community. We pay respect to Elders past, present and emerging.
©2022 KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.
Liability limited by a scheme approved under Professional Standards Legislation.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.
