Conceptual Frameworks

  • For-profit
  • Not-for-profit
  • Public Sector

For-profit

  • New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting (2018 NZ Conceptual Framework) – This version is effective for reporting periods beginning on or after 1 Jan 2020 (early adoption permitted)

    Date of issue: May 2018 Date compiled to: 31 Jan 2019
    Additional material: 2018 NZ Conceptual Framework - IASB
  • New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting 2010 – From the point at which the 2018 NZ Conceptual Framework becomes effective, you can refer to this NZ Framework in the limited circumstances that you are required to do so by the relevant NZ IFRS. The 2018 NZ Conceptual Framework (issued May 2018 - see above) is effective for annual periods beginning on or after 1 January 2020.

    Date of issue: Nov 2012
    Additional material: New Zealand Framework IASB
  • Revocation of Tier 3 and Tier 4 For-profit Accounting Standards – This version is effective for reporting periods beginning on or after 1 Apr 2015

    Date of issue: Mar 2015

For-profit Amendments

  • Definition of Material - Amendments to Conceptual Frameworks – This version is effective for reporting periods beginning on or after 1 Jan 2020 (early adoption permitted)

    Date of issue: Dec 2018
    Additional material: Definition of Material - Amendments to NZ IAS 1 and NZ IAS 8 - IASB – 1 Jan 2020

Not-for-profit

  • PBE Conceptual Framework – This version is effective for reporting periods beginning on or after 1 Jan 2017 Tiers 1, 2 & 3

    Date of issue: May 2016
    Additional material: PBE Conceptual Framework IPSASB BC 2017 Handbook
  • PBE Framework – This version is effective for reporting periods beginning on or after 1 Apr 2015 Tier 1,2 & 3

    Date of issue: Oct 2014

Public Sector

  • PBE Conceptual Framework - Effective for reporting periods beginning 1 Jan 2017 Tier 1,2 & 3

    Date of issue: May 2016
    Additional material: PBE Conceptual Framework IPSASB BC 2017 Handbook
  • PBE Framework – This version is effective for reporting periods beginning on or after 1 Apr 2015 Tier 1,2 & 3

    Date of issue: Oct 2014