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 RDR Hedge Accounting Disclosures (Amendments to NZ IFRS 9 (2013)).
RDR Hedge Accounting Disclosures (Amendments to NZ IFRS 9 (2013))
- applies to Tier 2 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; and
- may be adopted when a Tier 2 entity applies NZ IFRS 9 Financial Instruments (2013) (Hedge Accounting and amendments to NZ IFRS 9, NZ IFRS 7 and NZ IAS 39); 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 5th day of June 2014.
MICHELE EMBLING, Chair, New Zealand Accounting Standards Board.