Tier 1 & 2

Tier 1 and 2 Public Sector Standards

Tier 1 and Tier 2 Public sector public benefit entities must apply these current accounting standards and other pronouncements issued by the XRB Board or the NZASB for periods beginning on or after 1 July 2014.

Click on the arrows below to see all standards, amendments, and explanatory guides.

XRB A1 

Application of the Accounting Standards Framework


XRB A2

Meaning of Specified Statutory Size Thresholds 


PBE IPSAS 1

Presentation of Financial Statements


PBE IPSAS 2

Cash Flow Statements


PBE IPSAS 3

Accounting Policies, Changes in Accounting Estimates and Errors


PBE IPSAS 4

The Effects of Changes in Foreign Exchange Rates


PBE IPSAS 5

Borrowing Costs


PBE IPSAS 6 (PS)

Consolidated and Separate Financial Statements


PBE IPSAS 7

Investments in Associates


PBE IPSAS 8

Interests in Joint Ventures


PBE IPSAS 9

Revenue from Exchange Transactions


PBE IPSAS 10

Financial Reporting in Hyperinflationary Economies


PBE IPSAS 11

Construction Contracts


PBE IPSAS 12

Inventories


PBE IPSAS 13

Leases


PBE IPSAS 14

Events after the Reporting Date


PBE IPSAS 16

Investment Property


PBE IPSAS 17

Property, Plant and Equipment


PBE IPSAS 19

Provisions, Contingent Liabilities and Contingent Assets


PBE IPSAS 20

Related Party Disclosures


PBE IPSAS 21

Impairment of Non-Cash-Generating Assets


PBE IPSAS 22 (PS)

Disclosure of Information about the General Government Sector


PBE IPSAS 23

Revenue from Non-Exchange Transactions


PBE IPSAS 25

Employee Benefits


PBE IPSAS 26

Impairment of Cash-Generating Assets


PBE IPSAS 27

Agriculture


 

PBE IPSAS 28

Financial Instruments: Presentation


PBE IPSAS 29

Financial Instruments: Recognition and Measurement


PBE IPSAS 30

Financial Instruments: Disclosures


PBE IPSAS 31

Intangible Assets


PBE IPSAS 32

Service Concession Arrangements: Grantor


PBE IPSAS 34

Separate Financial Statements


PBE IPSAS 35

Consolidated Financial Statements


PBE IPSAS 36

Investments in Associates and Joint Ventures


PBE IPSAS 37

Joint Arrangements


PBE IPSAS 38

Disclosure of Interests in Other Entities


PBE IPSAS 39

Employee Benefits


PBE IPSAS 40

PBE Combinations


PBE IPSAS 41

Financial Instruments


PBE IFRS 3

Business Combinations


PBE IFRS 4

Insurance Contracts


PBE IFRS 5

Non-current Assets Held for Sale and Discontinued Operations


PBE IFRS 9

Financial Instruments


PBE IAS 12

Income Taxes


PBE IAS 34

Interim Financial Reporting


PBE FRS 42

Prospective Financial Statements


PBE FRS 43

Summary Financial Statements


PBE FRS 45

Service Concession Arrangements: Operator


PBE FRS 46

First-time Adoption of PBE Standards by Entities Previously Applying NZ IFRS


PBE FRS 47

First-time Adoption of PBE Standards


PBE FRS 48

Service Performance Reporting


 

Explanatory Guide (EG A1)

Tier 1, 2, 3 & 4: Guide to Application of the Accounting Standards Framework


Explanatory Guide (EG A2)

Tier 1, 2, 3 & 4: Overview of the Accounting Standard-setting Process


Explanatory Guide (EG A7)

Tier 1 & 2: Materiality for Public Benefit Entities


Explanatory Guide (EG A10)

Service Performance Reporting