For-profit standards

For-profit

These current accounting standards and other pronouncements issued by the XRB Board or the NZASB must be applied by for-profit entities for periods beginning on or after 1 December 2012.

  • NZ IAS 33 Earnings per Share
  • NZ IAS 34 Interim Financial Reporting
  • NZ IAS 36 Impairment of Assets
  • NZ IAS 37 Provisions, Contingent Liabilities and Contingent Assets
  • NZ IAS 38 Intangible Assets
  • NZ IAS 39 Financial Instruments: Recognition and Measurement
  • NZ IAS 40 Investment Property
  • NZ IAS 41 Agriculture
  • FRS-42 Prospective Financial Statements
  • FRS-43 Summary Financial Statements
  • FRS-44 New Zealand Additional Disclosures
  • NZ IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities
  • NZ IFRIC 2 Members’ Shares in Co-operative Entities and Similar Instruments
  • NZ IFRIC 4 Determining whether an Arrangement contains a Lease
  • NZ IFRIC 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds
  • NZ IFRIC 6 Liabilities arising from Participation in a Specific Market—Waste Electrical and Electronic Equipment
  • NZ IFRIC 7 Applying the Restatement Approach under NZ IAS 29 Financial Reporting in Hyperinflationary Economies
  • NZ IFRIC 9 Reassessment of Embedded Derivatives
  • NZ IFRIC 10 Interim Financial Reporting and Impairment
  • NZ IFRIC 12 Service Concession Arrangements
  • NZ IFRIC 13 Customer Loyalty Programmes
  • NZ IFRIC 14 NZ IAS 19—The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction
  • NZ IFRIC 15 Agreements for the Construction of Real Estate
  • NZ IFRIC 16 Hedges of a Net Investment in a Foreign Operation
  • NZ IFRIC 17 Distributions of Non-cash Assets to Owners
  • NZ IFRIC 18 Transfers of Assets from Customers
  • NZ IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments
  • NZ IFRIC 20 Stripping Costs in the Production Phase of a Surface Mine
  • NZ IFRIC 21 Levies
  • NZ IFRIC 22 Foreign Currency Transactions and Advance Consideration
  • NZ SIC-7 Introduction of the Euro
  • NZ SIC-10 Government Assistance—No Specific Relation to Operating Activities
  • NZ SIC-15 Operating Leases—Incentives
  • NZ SIC-25 Income Taxes—Changes in the Tax Status of an Entity or its Shareholders
  • NZ SIC-27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease
  • NZ SIC-29 Service Concession Arrangements: Disclosures
  • NZ SIC-31 Revenue—Barter Transactions Involving Advertising Services
  • NZ SIC-32 Intangible Assets—Web Site Costs