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.