External Reporting Board Standard A2
Meaning of Specified Statutory Thresholds
Sets out the meaning of these specified terms:
- Total assets;
- Total revenue;
- Total operating payments;
- Total operating expenditure; and
- Control.
that the:
- Financial Reporting Act 2013;
- Companies Act 1993;
- Friendly Societies and Credit Unions Act 1982;
- Charities Act 2005;
- Incorporated Societies Act 2022; and the
- Incorporated Societies Regulations 2023
require the External Reporting Board (XRB) to define in financial reporting standards.
Applicable for reporting periods as indicated. Versions prior to the previous version can be found on the archive page.