Notice is hereby given, pursuant to section 24 of the Financial Reporting Act 2013, that the External Reporting Board has issued Standard XRB A2 Amendments to XRB A2: Meaning of Specified Statutory Size Thresholds (Charities Amendment Act 2014).

Standard XRB A2 Amendments to XRB A2: Meaning of Specified Statutory Size Thresholds (Charities Amendment Act 2014):

• 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 for-profit entities, public sector public benefit entities and not-for-profit public benefit entities for reporting periods beginning on or after 1 April 2015, with early adoption not permitted; 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 at

www.xrb.govt.nz

Dated this 25th day of June 2015.

GRAEME MITCHELL, Chairman, External Reporting Board.