New Zealand Equivalent to International Accounting Standard 28

Prescribes the accounting for investments in associates and the requirements for the application of the equity method when accounting for investments in associates and joint ventures.

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Applicable for reporting periods as indicated. Versions prior to the previous version can be found on the archive page.

• NZ IAS 28 – Periods beginning on or after
  1 Jan 2025 (early adoption permitted)

  Date of issue: Nov 2012

  Date compiled to: Dec 2024

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Amendments

• Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Amendments to NZ IAS 28) – Periods beginning on or after
  1 Jan 2027

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• Sale or Contribution of Assets between an Investor and its Associate or Joint Venture – This version is effective for reporting periods beginning on or after 1 Jan 2028 (early adoption permitted)

  Date of issue: Oct 2014

  Date compiled to: Jun 2024

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• Mandatory Date of Amendments to NZ IFRS 10 and NZ IAS 28 2024 – Periods beginning on or after
  1 Jan 2025 (early adoption permitted)

  Date of issue: May 2024

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New version not yet mandatory

• NZ IAS 28 – This version is effective for reporting periods beginning on or after
  1 Jan 2027 (early adoption permitted)

  Date of issue: Nov 2012

  Date compiled to: Aug 2026

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Previous version

• NZ IAS 28 – This version is effective for reporting periods beginning on or after
  1 Jan 2023 (early application permitted)

  Date of issue: Nov 2012

  Date compiled to: Jan 2022

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