The NZASB has issued Exposure Draft NZASB 2013-6 Proposed Disclosure Concessions for Tier 2 For-profit Entities: IASB ED/2013/6 Leases.
ED NZASB 2013-6 proposes disclosure concessions for Tier 2 for-profit entities in respect of the IASB’s proposals in IASB ED/2013/6 Leases. The proposed disclosure concessions will be reviewed on completion of the IASB’s due process.
ED NZASB 2013-6 does not propose any amendments to the Standards for public benefit entities or Tier 3 for-profit entities.
Comments are due no later than 31 March 2014.
Comments, both formal and informal, can be made to the New Zealand Accounting Standards Board (NZASB) addressed to the Chief Executive, External Reporting Board, PO Box 11250, Manners Street Central, Wellington 6142, or by email to firstname.lastname@example.org.
It would be appreciated if respondents send their comments in electronic form (PDF and Microsoft Word formats) as it allows for efficient collation and analysis of comments. All comments will ultimately be posted on the XRB website unless respondents indicate that they wish their comments to remain confidential.