IFRS Practice Statement 1
Management Commentary (MPS1)
Provides a broad, non-binding framework for presenting management commentary on financial statements that have been prepared in accordance with IFRS Standards.
If your entity prepares general purpose financial reports in accordance with NZ IFRS, you may elect to apply the principles contained in MCPS 1 to management commentary that relates to those financial reports.
- Accounting Standards
- Auditing and Assurance Standards
- Climate-related Disclosures
- Financial Reporting Strategy
- COVID-19 Reporting implications