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 Presentation of Items of Other Comprehensive Income - Amendment to NZ IAS 1 Presentation of Financial Statements.
Presentation of Items of Other Comprehensive Income -Amendment to NZ IAS 1 Presentation of Financial Statements:
- applies to all for-profit 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 annual periods beginning on or after 1 July 2012; and
- is a Regulation for the purposes of the Regulations (Disallowance) Act 1989.
Presentation of Items of Other Comprehensive Income -Amendment to NZ IAS 1 Presentation of Financial Statements is available on the XRB’s website
www.xrb.govt.nz/accounting standards
Copies may be purchased by emailing
enquiries@xrb.govt.nz
Dated this 23rd day of August 2011.
MICHELE EMBLING, Chair, New Zealand Accounting Standards Board.