New Zealand issues new standards based on IPSAS for public sector entities

This item was filled under Uncategorized

The New Zealand External Reporting Board (XRB) and the New Zealand Accounting Standards Board (NZASB) have issued a package of new pronouncements that will apply to New Zealand public sector ‘public benefit entities’ (PBEs, essentially not for profit entities) from 1 July 2014. The new standards are largely based on International Public Sector Accounting Standards (IPSAS) published by the International Public Sector Accounting Standards Board (IPSASB).

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.