XRB A2 Meaning of Specified Statutory Size Thresholds

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

Sets out the meaning of these specified terms:

  1. Total assets;
  2. Total revenue;
  3. Total operating payments;
  4. Total operating expenditure; and
  5. Control. 

that the:

  • Financial Reporting Act 2013;
  • Companies Act 1993;
  • Friendly Societies and Credit Unions Act 1982; and the
  • Charities Act 2005

require the External Reporting Board (XRB) to define in financial reporting standards.

  • XRB A2 – This version is effective for reporting periods beginning on or after 1 Apr 2015

    Date of issue: Dec 2015 Date compiled to: 31 Dec 2015

Previous Versions

  • XRB A2 – This version is effective for reporting periods beginning on or after 1 Apr 2015

    Date of issue: Feb 2014 Date compiled to: 25 Jun 2015
  • XRB A2 – This version is effective for reporting periods beginning on or after 1 Apr 2014

    Date of issue: Feb 2014