Three new IFRS publications from Deloitte New Zealand
27 Feb 2004
The New Zealand Financial Reporting Standards Board is working toward adopting all IFRS applicable for 2005 adopters as NZ standards – incorporating guidance for public benefit entities – by June 2004. Those standards would be mandatory in 2007 and optional starting 2005. Towards that aim six exposure drafts were released at the end of 2003, and another seven in February 2004. We have posted three new IFRS publications from Deloitte New Zealand: The 30 January 2004 edition of NZ Accounting Alert which summarises the six December 2003 EDs. A on First-time Adoption of IFRS in a New Zealand context (PDF 649k). which discusses a wide range of business issues relating to the conversion to IFRS in New Zealand (PDF 608k). .
The New Zealand Financial Reporting Standards Board is working toward adopting all IFRS applicable for 2005 adopters as NZ standards – incorporating guidance for public benefit entities – by June 2004. Those standards would be mandatory in 2007 and optional starting 2005. Towards that aim six exposure drafts were released at the end of 2003, and another seven in February 2004. We have posted three new IFRS publications from Deloitte New Zealand:
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