New Zealand Equivalent to International Financial Reporting Standard 5

Non-current Assets Held for Sale and Discontinued Operations


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Specifies accounting for assets held for sale, and the presentation and disclosure of discontinued operations.


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

  • NZ IFRS 5 – 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

New version not yet mandatory

  • NZ IFRS 5 – 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: Jan 2026

*Additional Material is restricted to those with NZ-assigned IP addresses only.