PBE FRS 47

First-time Adoption of PBE Standards by Entities other than those Previously Applying NZ IFRS

Sets out requirements for first-time adopters of PBE Standards by Tier 1 and Tier 2 PBEs that previously did not apply any form of NZ IFRS.

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jan 2017

    Date of issue: Sep 2014

    Date compiled to: 31 Jan 2017 (excludes PBE IPSASs 34-38 and PBE IFRS 9)

  • 2018 Omnibus Amendments to PBE Standards – Except as noted in the standard the amendments are effective for periods beginning
    1 Jan 2019 (early adoption permitted)

    Date of issue: Nov 2018

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jan 2016

    Date of issue: Sep 2014

    Date compiled to: 31 Dec 2015

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Apr 2015

    Date of issue: Sep 2014

  • 2016 Omnibus Amendments to PBE Standards – This version is effective for reporting periods beginning on or after
    1 Jan 2017

    Date of issue: Jan 2017

  • PBE FRS 47 – This version is effective for reporting periods beginning on or after
    1 Jul 2014

    Date of issue: May 2013