Online Feedback Form

  • For-profit
  • Not-for-profit
  • Public Sector
  • Use this form to add your responses to the questions below. 
  • Please complete both sections A and B.
  • You may choose to answer all questions in Section A or respond only to those questions of most interest to you.
  • If a question in Section A does not apply to you, please select the check box to indicate this.
  • When you have finished both Sections A and B, please select the submit button at the base of the form to send us your response. 

Section A: Questions for Respondents

General Comments


  1. Are you aware of any developments in the financial reporting environment (in addition to the ones described in the Discussion Paper) or any unintended consequences that would require refinements to the Accounting Standards Framework?

2. Do you have any other comments about the Accounting Standards Framework?


Specific Matters for Comment (SMCs)

SMC 1: Importance of maintaining close alignment between PBE Standards and IPSAS

3. Moving forward, should the XRB’s policy for developing PBE Standards prioritise local considerations to ensure that PBE Standards are “fit for purpose” for the New Zealand environment? Or, is maintaining close alignment with IPSAS more important? 

Please provide reasons for your response.


4.  If you think close alignment between PBE Standards and IPSAS is important, for whom is this important and why?


5. If you think prioritising local considerations is more important, should the PBE Policy Approach be amended to provide more flexibility in how IPSAS is used as the base for PBE Standards, as suggested under Option 2 in Chapter 4 of the Discussion Paper?


6.  Do you have any other comments on the way IPSAS are used as the base for PBE Standards?


SMC 2: Importance of retaining harmonisation with Australia for Tier 2 for-profit disclosures

7.  How important is it to retain harmonisation with Australia for Tier 2 for-profit entity disclosure requirements?

Please provide reasons for your response.


8.  If you think it is important to retain harmonisation with Australia for Tier 2 for-profit entity disclosure requirements, for whom is this important and why?


9.  Do you have any other comments about the harmonisation with Australia for Tier 2 for-profit disclosure requirements?


SMC 3: Do the PBE tier size criteria need to be revisited?

10.  Are you aware of any unintended consequences of the application of the PBE tier size criteria, or any recent developments in the reporting environment, which would suggest that the PBE tier size criteria need to be revisited?


11.  If you believe the PBE tier size criteria should be revisited, which of the four PBE tier size threshold do you think should be changed (noting the XRB limitations in amending PBE Tier 4, which is determined by the Government)?

Please provide reasons for your response, and any suggestions you may have for what the thresholds should be.

12.  Do you have any other comments on the tier size criteria for PBEs?


Section B: Questions about you

To help us to better understand the context for your responses to the matters raised in the Discussion Paper, please include in your submission some information about yourself or the organisation that you represent.



Questions for preparers of financial statements ONLY?

(If you are not a preparer, please go to Question 5 below)

1.  What type of entity is your organisation?

Please select one:

2.  Is your organisation part of a “mixed group” (i.e. a PBE whose subsidiaries or parent are for-profit, or a for-profit entity whose subsidiaries or parent are PBEs)?

Please select one:

3.  Under which standards do you prepare financial statements?

(Please select all that apply.  If you prepare consolidated financial statements, please indicate which standards you use for the group financial statements and for any other entities within the group that have a statutory reporting obligation.)


4.  Does your organisation have any of the following:

(Please select all that apply)


Questions for other respondents

5.  Which of the following best describes you, or the organisations you represent?

Please select one:

6.  Which entities’ financial statements are you most interested in? 

(Please select all that apply)

(a)   For-profit entities in the private sector that are:

Please select all that apply

(b)  For-profit entities in the public sector that are:

Please select all that apply

(c) Public sector PBEs that are:

Please select all that apply

(d)    Not-for-profit PBEs that are:

Please select all that apply

When you are ready please select the submit button below to send us your response.

We really appreciate your spending the time to give us your feedback. Thanks!

Please note we intend publishing all comments on the XRB website, unless they may be defamatory. If you have any objection to this, we will not publish them. However, they will remain subject to the Official Information Act 1982 and, therefore, may be released in part or in full. The Privacy Act 1993 also applies.