XRB Update 6/2020

Webinar - COVID-19: The Implications for Financial Reporting and Audit in the Public Sector

This XRB Update provides you an overview of recent External Reporting Board activities and news, any new standards, as well as other matters of interest.

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The External Reporting Board and the Centre for Accounting, Governance and Taxation Research cordially invite you to a Business Links Webinar.

COVID-19: The Implications for Financial Reporting and Audit in the Public Sector

This webinar will discuss the significant implications of the pandemic crisis and economic recovery for financial reporting and audit issues such as fair value measurement, impairment of assets, leases, expected credit loss assessment, subsequent events, revenue recognition, assessment of going concern, and audit reporting.

At this seminar, Ian Ball will chair a panel discussion on the above issues with Angela Ryan and Francis Caetano focussing on financial reporting by central and local government entities respectively and Stephen Walker and Robert Cox commenting on audit issues for both central and local government.

Wednesday, 15 July 2020 from 12.00 - 1.00pm on Zoom

Ian Ball

Professor in Public Financial Management at Victoria University of Wellington.

Francis Caetano

NZASB Member and Group Financial Controller at Auckland Council.

Robert Cox

NZAuASB Member and Audit Director and Head of Accounting at Audit New Zealand.

Angela Ryan

NZASB Member and Principal Accounting Advisor at The Treasury.

Stephen Walker

Executive Director, at Audit New Zealand.

This XRB Update is intended to provide subscribers with a summary of the recent activities of the External Reporting Board (XRB). Links to websites are correct at the time of publication. Subscribers should not rely on this newsletter as a definitive publication of updates. The External Reporting Board does not guarantee, and accept no legal liability whatsoever arising from or connected to the accuracy, reliability, currency, timeliness or completeness of this newsletter. The information contained in this newsletter does not constitute advice and should not be relied upon as such.

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