27 FEBRUARY 2014

NEW ZEALAND GAZETTE, No. 24

737

Annotation of Notes

1 Fee will be adjusted for any specific requirements of the individual programme and 3rd party costings at the time the programme is established.

2 Direct professional fees and travel expenses for Supervisors, those providing oversight, Tutor/Course Administrators etc are to be reimbursed by the practitioner on the individual programme. Expenses claimed are on an actual and reasonable basis in accordance with the council’s fees and expenditure policies. Course materials, venue costs and administration expenses such as postage and photocopying will be charged based on actual costs.

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External Reporting Board

Financial Reporting Act 2013

Amendments to Accounting Standards: Omnibus Amendments (Legislative Update) (Notice No. 62)

Notice is hereby given, pursuant to section 24 of the Financial Reporting Act 2013, that the New Zealand Accounting Standards Board of the External Reporting Board has issued Amendments to Accounting Standards: Omnibus Amendments (Legislative Update).

Amendments to Accounting Standards: Omnibus Amendments (Legislative Update):

• applies to all reporting entities and groups, other than where expressly exempted by its terms, the terms of any other approved accounting standard or by law;
• applies to for-profit entities for annual periods beginning on or after 1 April 2014. Earlier application is not permitted;
• applies to public sector public benefit entities for annual periods beginning on or after 1 July 2014. Earlier application is not permitted;
• applies to not-for-profit public benefit entities for annual periods beginning on or after 1 April 2015. Earlier application is permitted from 1 April 2014, and is a disallowable instrument for the purposes of the Legislation Act 2012.

Copies of the standard 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 11th day of February 2014.

MICHELE EMBLING, Chair, New Zealand Accounting Standards Board.

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• public sector public benefit entities for reporting periods beginning on or after 1 July 2014, with early adoption not permitted; and
• not-for-profit public benefit entities for reporting periods beginning on or after 1 April 2015, with early application permitted for reporting periods beginning on or after 1 April 2014.
• is a disallowable instrument for the purposes of the Legislation Act 2012.

Copies of the Standard 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 18th day of February 2014.

KEVIN SIMPKINS, Chairman, External Reporting Board.

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Standard XRB A2 Meaning of Specified Statutory Size Thresholds (Notice No. 64)

Notice is hereby given, pursuant to section 24 of the Financial Reporting Act 2013, that the External Reporting Board has issued Standard XRB A2 Meaning of Specified Statutory Size Thresholds (XRB A2).

Standard XRB A2:

• applies to all reporting entities and groups, other than where expressly exempted by its terms, the terms of any other approved accounting standard or by law;
• applies to all reporting entities for annual periods beginning on or after 1 April 2014; and
• is a disallowable instrument for the purposes of the Legislation Act 2012.

Copies of the Standard 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 18th day of February 2014.

KEVIN SIMPKINS, Chairman, External Reporting Board.

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Standard XRB A1 Accounting Standards Framework: Omnibus Amendments (Legislative Update) (Notice No. 63)

Notice is hereby given, pursuant to section 24 of the Financial Reporting Act 2013, that the External Reporting Board has issued Standard XRB A1 Accounting Standards Framework: Omnibus Amendments (Legislative Update).

Standard XRB A1 Accounting Standards Framework: Omnibus Amendments (Legislative Update):

• applies to all reporting entities and groups, other than where expressly exempted by its terms, the terms of any other approved accounting standard or by law;
• applies to:
  • for-profit entities for reporting periods beginning on or after 1 April 2014, with early adoption not permitted;

Amendments to Auditing and Assurance Standards: Omnibus Amendments (Legislative Update) (Notice No. 65)

Notice is hereby given, pursuant to section 24 of the Financial Reporting Act 2013, that the New Zealand Auditing and Assurance Standards Board of the External Reporting Board has issued Amendments to Auditing and Assurance Standards: Omnibus Amendments (Legislative Update).

Amendments to Auditing and Assurance Standards: Omnibus Amendments (Legislative Update):

• is effective for audit or assurance engagements relating to financial statements for periods beginning on or after 1 April 2014;
• is a disallowable instrument for the purposes of the Legislation Act 2012.