Bursars - what accounting changes are on the horizon that may affect your school?

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We are in the middle of a period of significant change in accounting standards.  This article highlights 3 specific issues which will impact upon schools and bursars should begin preparing for.
1.    AASB 1058 Income of Not-for-Profit Entities
2.    AASB 15 Revenue from Contracts with Customers
3.    AASB 16 Leases