NZASB Update 10/2021
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.
|Why not follow us on LinkedIn to catch up on our activities?|
In this NZASB Update we feature the:
- Virtual Event on Agenda Consultation with Sue Lloyd, Vice-Chair of the IASB; and
- Recent May NZASB meeting.
IASB Virtual Event on IASB’s future agenda priorities
26 May 2021 8:30AM –10:00AM
Your opportunity to influence the IASB’s projects and priorities for the next five years.
This interactive event will explore current and emerging financial reporting issues and is your opportunity to have your say on the IASB’s work plan for 2022 – 2026.
Take a look at the IASB’s consultation document which seeks views on what financial reporting issues it should prioritise in its work programme.
[This event has now closed]
Recent NZASB Meeting
13 May 2021
The NZASB meeting was a half day virtual meeting.
You can access the public agenda, public meeting papers and read the meeting highlights on our website.
The Board in the public session:
- Decided which questions to comment on in the four IPSASB Measurement EDs (which include the heritage and infrastructure proposals);
- Considered and approved the comment letters on IPSASB ED 75 Leases and RFI Concessionary Leases and Other Arrangements Similar to Leases;
- Reviewed submissions received on the Post-implementation Review (PIR) of the Tier 3 and Tier 4 Standards; and
- Considered the annual review of the application of the PBE Policy Approach.
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.
NZASB Update refers to the work of the International Accounting Standards Board (IASB) and the International Public Sector Accounting Standards Board (IPSASB) and uses registered trademarks of the IFRS Foundation (for example, IFRS® Standards, IFRIC® Interpretations and IASB® papers).