Issued Accounting Standard: NZ IFRS 18 Presentation and Disclosure in Financial Statements (Notice No. 230)
Notice is hereby given, pursuant to the Legislation Act 2019, that the New Zealand Accounting Standards Board of the External Reporting Board has issued NZ IFRS 18 Presentation and Disclosure in Financial Statements (“Standard”).
Standard
NZ IFRS 18 Presentation and Disclosure in Financial Statements:
Commencement and application
The accounting periods in relation to which this Standard commences to apply are:
early adopter means a reporting entity that applies this Standard for an early adoption accounting period
early adoption accounting period means an accounting period of the early adopter:
mandatory date means 1 January 2027.
Copies of this Standard may be inspected free of charge at the offices of the External Reporting Board (XRB), Level 6, 154 Featherston Street, Wellington. Copies are also available on the XRB’s website at www.xrb.govt.nz.
Dated this 23rd day of May 2024.
CAROLYN CORDERY, Chair, New Zealand Accounting Standards Board.