BDO New Zealand produces various publications to keep clients and staff informed about the latest regulatory and legislative changes, and financial reporting requirements for businesses.
Read our monthly Financial Reporting Insights here to keep up to date with the latest New Zealand and global developments in corporate financial and sustainability reporting.
Our one page GAAP summaries help to gain a high-level overview of New Zealand Generally Accepted Accounting Practice Standards. These have been created for Not-for-Profit Entities, Public Sector Public Benefit Entities and Not-For-Profit Public Benefit entities. Click through the sections below to read the publications.
Considerations for our GAAP summaries:
Although every effort has been made to provide accurate and timely information no these pages, we cannot guarantee the information will be accurate as at the date it is downloaded or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular facts and circumstances of the situation.
These summaries are not a substitute reading and gaining a thorough understanding of the actual standards and interpretations. It is intended that the summaries will be updated from time to time to take into account any new standards and interpretations or amendments to the standards and interpretations. Please contact your local BDO representative to enquire about updates and for any assistance required in relation to the accounting standards.
These illustrative financial statements are intended to be used as a source of general technical reference, as they show suggested disclosures together with their sources. They are not intended to address the particular circumstances of any particular individual or entity.
Model financial statement have been prepared for:
| 31 December 2024 | 31 December 2023 | |
Tier 1 | ||
Tier 2 | A Tier 2 Public Benefit Entity (Not-For-Profit) reporting under Public Benefit Entity Standards (Reduced Disclosure Regime) |
A Tier 3 Public Benefit Entity (Not-For-Profit) reporting under Public Benefit Entity Standards
A Tier 4 Public Benefit Entity (Not-For-Profit) reporting under Public Benefit Entity Standards
Globally, BDO issues illustrative IFRS financial statements that are intended to be used as a source of general technical reference, as they show suggested disclosures together with their sources. These include both:
They are not intended to address the particular circumstances of any particular individual or entity, and do not contain any of the New Zealand-specific disclosures (i.e., those required by FRS 44 New Zealand Additional Disclosures).
The full library of BDO illustrative IFRS financial statements can be found here.
See our publications below for New Zealand IFRS within various industries:
