IFRS Practice Statement 1 Management Commentary (MPS1)

  • For-profit

Provides a broad, non-binding framework for presenting management commentary on financial statements that have been prepared in accordance with IFRS Standards.

If your entity prepares general purpose financial reports in accordance with NZ IFRS, you may elect to apply the principles contained in MCPS 1 to management commentary that relates to those financial reports.

  • IFRS Practice Statement 1 - Management Commentary Incorporates amendments to March 2018

    Date of issue: Dec 2010
    Additional material: IFRS PS 1 Management Commentary IASB BC
*Additional Material is restricted to those with NZ-assigned IP addresses only.