New Zealand Gazette – 2012 – No. 132

Page 3803

✨ Accounting Standards Updates



2 NOVEMBER 2012 NEW ZEALAND GAZETTE, No. 132 3803

NZ IAS 27 'Separate Financial Statements' (revised 2011) 1 January 2013 31 March 2014
NZ IAS 28 'Investments in Associates and Joint Ventures' (revised 2011) 1 January 2013 31 March 2014
Amendments to NZ IAS 19 'Employee Benefits' 1 January 2013 31 March 2014
Amendments to NZ IFRS 7 'Financial Instruments : Disclosures' – Offsetting Financial Assets and Financial Liabilities 1 January 2013 31 March 2014
NZ IFRIC 20 'Stripping Costs in the Production Phase of a Surface Mine' 1 January 2013 31 March 2014

Amendments to NZ IAS 32 'Financial Instruments: Presentation' - Offsetting Financial Assets and Financial Liabilities 1 January 2014 31 March 2015

NZ IFRS 9 'Financial Instruments' 1 January 2015 31 March 2016
Revised NZ IFRS 9 'Financial Instruments' (2010)* 1 January 2015 31 March 2016
Amendments to NZ IFRS 9 and NZ IFRS 7 Mandatory Effective Date and Transition Disclosures 1 January 2015 31 March 2016

  • The revised NZ IFRS 9 adds guidance on the classification and measurement of financial liabilities and derecognition of financial instruments. The effective date is the same as the previous version of NZ IFRS 9, with earlier adoption permitted.

Adoption of new and revised Standards and Interpretations

Management has reviewed the Standards and Interpretations that became mandatory in the current year, and has determined that there is no material effect on the results and position of the Division.



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Gazette.govt.nz — PDF NZ Gazette 2012, No 132




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Accounting Standards, Amendments, Interpretations, Financial Reporting, NZ IAS, NZ IFRS, NZ IFRIC