NZ IFRS 1 First-time Adoption of New Zealand Equivalents to International Financial Reporting Standards

  • For-profit

Requires an entity to comply with each NZ IFRS which is effective when the entity prepares its first NZ IFRS financial statements, subject to limited exemptions explained in the Standard.

  • NZ IFRS 1 – This version is effective for reporting periods beginning on or after 1 Jan 2019 (early adoption permitted)

    Date of issue: Nov 2012 Date compiled to: 28 Feb 2018 (excludes NZ IFRS 17)
    Additional material: NZ IFRS 1 IASB – 1 Jan 2020

Previous Versions

  • NZ IFRS 1 Jan18 – This version is effective for reporting periods beginning on or after 1 Jan 2018

    Date of issue: Nov 2012 Date compiled to: 31 Dec 2016 (excludes NZ IFRS 16)
    Additional material: NZ IFRS 1 IASB – This version is effective for reporting periods beginning on or after 1 Jan 2018
  • NZ IFRS 1 – This version is effective for reporting periods beginning on or after 1 Jan 2016

    Date of issue: Nov 2012 Date compiled to: 31 Dec 2015 (excl NZ IFRS 9 and NZ IFRS 15)
    Additional material: NZ IFRS 1 IASB – 1 Jan 2016
*Additional Material is restricted to those with NZ-assigned IP addresses only.