Consultation with stakeholders before issuing any standards is a statutory obligation and an essential part of the standard-setting process. We organise many seminars and webinars as well as publish articles and newsletters on a wide range of matters. The XRB Board also engages with key stakeholder groups about broader financial reporting system matters.
Consultations
Click on the menu to the right to view consultations by topic.
Consultation helps us to:
- Understand where in New Zealand the proposed standard is likely to be needed and whether the proposed standard meets those needs.
- Establish the pros and cons of adopting the standard in New Zealand.
- Explore any unintended consequences or risks arising from adopting the standard or potential drawbacks of not adopting it.
- Assess whether the criteria for application of the standard is appropriate for New Zealand entities.