Accounting Standards Board Meeting 8 August 2024

Key topics to be discussed in the public session are: 

• Measurement – Application Phase (discuss preliminary views to inform the preparation of a comment letter for the forthcoming IPSASB Exposure Draft 90 Amendments to IPSAS as a Result of Application of IPSAS 46).
• PBE Revenue and Transfer Expenses (project update and discussion of issues in development of the NZ equivalent standards).
• Social Benefits and Collective and Individual Services (discuss application of the PBE Policy Approach for IPSAS 42 Social Benefits, and Collective and Individual Services (amendments to IPSAS 19)).
• IASB Equity Method (education session on the forthcoming IASB Equity Method Exposure Draft).
• PBE Conceptual Framework (seeking approval of the amending Authoritative Notice).
• Annual Improvements to NZ IFRS (seeking approval of the amending standard).
• Climate-related and Other Uncertainties in Financial Statements (seeking approval to comment on the forthcoming IASB ED).

Next NZASB meeting

Tuesday 15 October 2024