NEW ZEALAND GAZETTE, No. 136

15 NOVEMBER 2012

Each standard:

• applies to all Tier 1 and Tier 2 for-profit reporting entities and groups, other than where expressly exempted by the terms of any approved NZ IFRS accounting standard or by law;
• applies to annual periods beginning on or after 1 December 2012, with early adoption allowed, except for:
  • NZ IFRSs 10–13, NZ IAS 19 (as amended in 2011), NZ IAS 27 (as amended in 2011), NZ IAS 28 (as amended in 2011) and NZ IFRIC 20, which apply to annual periods beginning on or after 1 January 2013, with early adoption allowed; and
  • NZ IFRS 9 (2009) and NZ IFRS 9 (2010), which apply to annual periods beginning on or after 1 January 2015, with early adoption allowed; and
• is a Regulation for the purposes of the Regulations (Disallowance) Act 1989.

Copies of the standards may be inspected free of charge at the offices of the External Reporting Board (XRB), Level 7, 50 Manners Street, Wellington.

Copies are also available on the XRB’s website

www.xrb.govt.nz

Dated this 7th day of November 2012.

MICHELE EMBLING, Chair, New Zealand Accounting Standards Board.

gs7434

Notice of Direction as to Authoritative Support – New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting 2010 (Diff Rep) (Notice No. 22)

The New Zealand Accounting Standards Board of the External Reporting Board hereby gives direction, pursuant to section 24(1)(d) of the Financial Reporting Act 1993, that the New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting 2010 (Diff Rep) (NZ Framework (Diff Rep)) has authoritative support.

The NZ Framework (Diff Rep) may be inspected free of charge at the offices of the External Reporting Board (XRB), Level 7, 50 Manners Street, Wellington.

Copies are also available on the XRB’s website

www.xrb.govt.nz

Dated this 7th day of November 2012.

MICHELE EMBLING, Chair, New Zealand Accounting Standards Board.

gs7435

NZ IFRS Diff Rep for Tier 3 For-Profit Entities (Notice No. 23)

Notice is hereby given, pursuant to section 31 of the Financial Reporting Act 1993, that the New Zealand Accounting Standards Board of the External Reporting Board has issued the following suite of accounting standards (NZ IFRS Diff Rep):

• NZ IFRS 1 (Diff Rep) First-time Adoption of NZ IFRS Diff Rep
  Government Loans (Amendments to NZ IFRS 1 (Diff Rep))

• NZ IFRS 2 (Diff Rep) Share-based Payment

• NZ IFRS 3 (Diff Rep) Business Combinations

• NZ IFRS 4 (Diff Rep) Insurance Contracts

• NZ IFRS 5 (Diff Rep) Non-current Assets Held for Sale and Discontinued Operations

• NZ IFRS 6 (Diff Rep) Exploration for and Evaluation of Mineral Resources

• NZ IFRS 7 (Diff Rep) Financial Instruments: Disclosures
  Disclosures—Offsetting Financial Assets and Financial Liabilities (Amendments to NZ IFRS 7 (Diff Rep))

• NZ IFRS 9 (2009) (Diff Rep) Financial Instruments

• NZ IFRS 9 (2010) (Diff Rep) Financial Instruments

• NZ IFRS 10 (Diff Rep) Consolidated Financial Statements

• NZ IFRS 11 (Diff Rep) Joint Arrangements

• NZ IFRS 12 (Diff Rep) Disclosure of Interests in Other Entities

• NZ IFRS 13 (Diff Rep) Fair Value Measurement

• NZ IAS 1 (Diff Rep) Presentation of Financial Statements
  Presentation of Items of Other Comprehensive Income (Amendments to NZ IAS 1 (Diff Rep))

• NZ IAS 2 (Diff Rep) Inventories

• NZ IAS 7 (Diff Rep) Statement of Cash Flows

• NZ IAS 8 (Diff Rep) Accounting Policies, Changes in Accounting Estimates and Errors

• NZ IAS 10 (Diff Rep) Events after the Reporting Period

• NZ IAS 11 (Diff Rep) Construction Contracts

• NZ IAS 12 (Diff Rep) Income Taxes

• NZ IAS 16 (Diff Rep) Property, Plant and Equipment

• NZ IAS 17 (Diff Rep) Leases