NZASB Update 6/2019

This NZASB Update provides you with an overview of the New Zealand Accounting Standards Board’s recent activities, any new standards or interpretations, as well as other matters of interest.

 

Upcoming NZASB Meeting 

Thursday 2 May 2019

NZASB icon

Applies to:


For-profitNot-for-profitPublic Sector


The Board will consider:

  • submissions received on the Exposure Draft of 2018 Amendments to XRB A1 Appendix A. The title of Appendix A is When is an Entity a Public Benefit Entity?;
  • a draft NZASB comment letter on the IPSASB’s Exposure Draft 67 Collective and Individual Services and Emergency Relief;
  • approval of an Invitation to Comment and Exposure Draft for 2019 Omnibus Amendments to NZ IFRS; and
  • a revised draft of guidance for Service Performance Reporting.

The public agenda and meeting papers are available now on the XRB website.

Have a look 


Have your say...

Have your say iconBefore issuing a finalised accounting standard the NZASB and the international standard-setting boards, IASB and International Public Sector Accounting Standards Board (IPSASB), issue consultation documents. These documents seek your feedback on proposals that could potentially affect you.

We are currently consulting on the matters set out in the tables below. 

Tell us how these changes could affect your entity or the entities you work with.

We welcome your comments and feedback, either formal or informal, by the due dates below.

There are no IASB Consultation Documents currently out for comment.

NZASB Consultation Documents


Not-for-profitPublic Sector


IPSASB Consultation Documents


Not-for-profitPublic Sector



This NZASB Update is intended to provide subscribers with a summary of the recent activities of the New Zealand Accounting Standards Board (NZASB). Links to websites are correct at the time of publication. Subscribers should not rely on this newsletter as a definitive publication of updates. The External Reporting Board and its sub-Board the NZASB do not guarantee, and accept no legal liability whatsoever arising from or connected to, the accuracy, reliability, currency, timeliness or completeness of this newsletter. The information contained in this newsletter does not constitute advice and should not be relied upon as such.


This NZASB Update refers to the work of the International Accounting Standards Board (IASB) and uses registered trademarks of the IFRS Foundation (for example, IFRS® Standards, IFRIC® Interpretations and IASB® papers).