NZ IFRS 18

Presentation and Disclosure in Financial Statements


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Sets out requirements for the presentation and disclosure of information in general purpose financial statements to help ensure they provide relevant information that faithfully represents an entity’s assets, liabilities, equity, income and expenses.

  • NZ IFRS 18 – Periods beginning on or after
    1 Jan 2027 (early adoption permitted)

    Date of issue: May 2024

    Date compiled to: May 2024

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Amendments

Reduced Disclosure Regime (RDR)

The amending standard RDR Concessions - NZ IFRS 18 Presentation and Disclosure in Financial Statements exempts Tier 2 for-profit entities from some of the new disclosure requirements.

  • RDR concessions NZ IFRS 18 Presentation and Disclosure in Financial Statements – Periods beginning on or after
    1 Jan 2027 (early adoption permitted)

    Date of issue: Jun 2025

    Date compiled to: Jun 2025

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

NZ IFRS 18 Alerts

Guidance and useful information

 

Getting ready for NZ IFRS 18

Summary of the key requirements of NZ IFRS 18 and practical matters for an entity to think about, as they begin their preparations for reporting under NZ IFRS 18.

NZ IFRS 18 Benefits and Costs Summary

Summary of the expected benefits and potential costs of adopting NZ IFRS 18. This will help entities with understanding why the presentation of the financial statements is changing and how to respond to questions around these changes from investors.

  

NZ IFRS 18 - Illustration of categories and subtotals in the statement of profit or loss

Illustration of the key requirements of NZ IFRS 18 around categories and subtotals in the statement of profit or loss. 

IFRS 18 insights panel – November 2024

Watch the IFRS 18 insights panel held in November 2024, with Linda Mezon-Hutter (IASB Vice-Chair). The discussion includes preparer and auditor views on the implications of IFRS 18 on financial reporting in New Zealand.

 

  

Need to know webinar - NZ IFRS 18 – April 2025

Watch our spotlight on NZ IFRS 18 from our Need to know webinar held on 8 April 2025. We give an overview of the new requirements and key changes you need to work through.

Download the event slides here.

NZ IFRS 18 deep dive - categories and subtotals in the statement of profit or loss – June 2025

Watch our deep dive on the categories and subtotals in the statement of profit or loss introduced by NZ IFRS 18. The session explains what income and expenses would be classified in the operating, investing and financing categories within the Statement of Profit or Loss, and how these may differ based on an entity’s main business activities. 

Download the event slides here.

NZ IFRS 18 deep dive - grouping of information in the financial statements – August 2025

Watch our deep dive on the enhanced requirements for the grouping of information in the financial statements introduced by NZ IFRS 18. The session explains the roles of the primary financial statements and the notes, as well as the enhanced principles for the aggregation, disaggregation and labelling of information.

Download the event slides here.

NZ IFRS 18 deep dive - management-defined performance measures (MPMs) – October 2025

Watch our deep dive on the new requirements around management-defined performance measures introduced by NZ IFRS 18. The session explains the reasoning for these new disclosures in the financial statements, how to identify which non-GAAP measures would be MPMs, what disclosures need to be made, and practical considerations for preparers.

Download the event slides here.