NZ IFRIC 22 Foreign Currency Transactions and Advance Consideration

  • For-profit

Addresses a transaction date for determining the exchange rate to use when there is advanced consideration in a foreign currency.

  • NZ IFRIC 22 – This version is effective for reporting periods beginning on or after 1 Jan 2020 (early adoption permitted)

    Date of issue: Feb 2017 Date compiled to: 31 Jan 2019
    Additional material: NZ IFRIC 22 IASB – 1 Jan 2020

Previous Versions

  • NZ IFRIC 22 – This version is effective for reporting periods beginning on or after 1 Jan 2018

    Date of issue: Feb 2017
    Additional material: NZ IFRIC 22 IASB – 1 Jan 2018
*Additional Material is restricted to those with NZ-assigned IP addresses only.