Philanthropy Australia's Representation Agenda
Philanthropy Australia's representation agenda involves three groups:
- changing legislation to create more incentives for giving and setting up foundations
- advocating that professional financial advisors inform their clients of the benefits and options for philanthropy
- advocating the benefits of philanthropy to the Australian public
Our Current Representation Work
Go to the Submissions & Papers page to find out more & download submissions.
Treasury: Financial Reporting by Unlisted Public Companies
Philanthropy Australia commissioned Mr Stewart Leslie from Causeway Consulting Pty Ltd - a former partner of KPMG and author of the Institute of Chartered Accountants report “Not-for-profit sector reporting: a research project” - to draft a brief submission. This was reviewed by the Philanthropy Australia Technical Committee and was submitted on 3 August 2007.
Download from the Submissions & Papers page.
Australian Accounting Standards Board (AASB): Request for Comment on a Proposed Revised Differential Reporting Regime for Australia and IASB - Exposure Draft of a Proposed IFRS for Small and Medium-sized Entitie
Philanthropy Australia was invited to comment on this ED. As the majority of our Members are not required to prepare general purpose financial reports, they are not directly affected by this proposal. However, our Members do depend on transparent and consistent reporting by organisations they fund as part of their grant assessment processes. Therefore Philanthropy Australia has made a submission which Stewart Leslie was commissioned to prepare for review by Philanthropy Australia’s Technical Committee.
Gina Anderson attended the consultation in Sydney. For details of the consultation and a copy of the Exposure Draft, please go to the AASB website.
See the Submissions & Papers page to download Philanthropy Australia's submission.