IFRS Practice Statement 2 Making Materiality Judgements (MPS2)

Provides guidance and examples that help preparers in making materiality judgements.

If your entity prepares general purpose financial statements in accordance with NZ IFRS, you may elect to apply the guidance contained in MPS2 when making materiality judgements when preparing those financial statements.

  • IFRS Practice Statement 2 - Making Materiality Judgements Incorporates amendments to October 2018

    Date of issue: Sep 2017
    Additional material: IFRS PS 2 Making Materiality Judgements IASB BC
*Additional Material is restricted to those with NZ-assigned IP addresses only.