PBE FRS 47

First-time Adoption of PBE Standards by Entities other than those Previously Applying NZ IFRS

Sets out requirements for first-time adopters of PBE Standards by Tier 1 and Tier 2 PBEs that previously did not apply any form of NZ IFRS.

Archived amendments

  • 2022 Omnibus Amendments to PBE Standards – These amendments are effective for reporting periods beginning on or after 1 Jan 2023 (early application permitted)

    Date of issue: Jun 2022

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  • Withdrawal of PBE FRS 46 (Amendments to PBE FRS 47) – This version is effective for annual financial statements for periods beginning on or after
    1 Jan 2021 (early application permitted)

    Date of issue: Feb 2020

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Previous versions

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after 1 Jan 2022 (early application permitted)

    Date of issue: Sept 2014

    Date compiled to: Jan 2021 (excludes PBE IFRS 17)

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  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jan 2021 (early adoption permitted)

    Date of issue: Sept 2014

    Date compiled to: Feb 2020 (excludes PBE IFRS 9, PBE IPSAS 41 and PBE IFRS 17)

    Download

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jan 2020 (early adoption permitted)

    Date of issue: Sept 2014

    Date compiled to: Aug 2019 (excludes PBE IFRS 9, PBE IPSAS 40, PBE IPSAS 41, PBE IFRS 17 and PBE FRS 48)

    Download

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jan 2019 (early adoption permitted)

    Date of issue: Sept 2014

    Date compiled to: Jan 2019 (excludes PBE IFRS 9 and PBE FRS 48)

    Download

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jan 2017

    Date of issue: Sept 2014

    Date compiled to: Jan 2017 (excludes PBE IPSASs 34-38 and PBE IFRS 9)

    Download

  • 2018 Omnibus Amendments to PBE Standards – Except as noted in the standard the amendments are effective for periods beginning
    1 Jan 2019 (early adoption permitted)

    Date of issue: Nov 2018

    Download

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jan 2016

    Date of issue: Sept 2014

    Date compiled to: Dec 2015

    Download

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Apr 2015

    Date of issue: Sept 2014

    Download

  • 2016 Omnibus Amendments to PBE Standards – This version is effective for reporting periods beginning on or after
    1 Jan 2017

    Date of issue: Jan 2017

    Download

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jul 2014

    Date of issue: May 2013

    Download
Standards and guidance