XYZ Model Financial Statements - General Purpose Financial Reporting (Standing Order)

XYZ Model Financial Statements - General Purpose Financial Reporting (Standing Order)

Grant Thornton

Book

$767.00* RRP + GST

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Date: 15/06/2021

Code: 41667654

Thomson Reuters, NEW ZEALAND

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XYZ Model Financial Statements - General Purpose Financial Reporting (Standing Order)

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Online XYZ Model Financial Statements - General Purpose Financial Reporting - Checkpoint 15/06/2021 41413615 POA Enquiry

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XYZ Model Financial Statements - General Purpose Financial Reporting - Checkpoint
Online XYZ Model Financial Statements - Advanced Disclosure Checklists - Checkpoint 15/05/2021 41413602 POA Enquiry

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XYZ Model Financial Statements - Advanced Disclosure Checklists - Checkpoint
Book XYZ Model Financial Statements - General Purpose Financial Reporting (Standing Order) 15/06/2021 41667654 $767.00 Enquiry

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XYZ Model Financial Statements - General Purpose Financial Reporting (Standing Order)
Online XYZ Model Financial Statements - Workbook - Checkpoint 15/06/2021 41662297 POA Enquiry

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XYZ Model Financial Statements - Workbook - Checkpoint
Book XYZ Model Financial Statements - Not For Profit (Standing Order) 15/08/2021 41721517 $659.00 Enquiry

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XYZ Model Financial Statements - Not For Profit (Standing Order)
Online XYZ Model Financial Statements - Not For Profit - Checkpoint 15/08/2021 41722227 POA Enquiry

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XYZ Model Financial Statements - Not For Profit - Checkpoint
Online XYZ Model Financial Statements - Not For Profit Workbook - Checkpoint 15/09/2021 41722228 POA Enquiry

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XYZ Model Financial Statements - Not For Profit Workbook - Checkpoint
Online XYZ Model Financial Statements - Special Purpose Financial Reporting - Checkpoint 15/07/2021 41867202 POA Enquiry

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XYZ Model Financial Statements - Special Purpose Financial Reporting - Checkpoint
Book XYZ Model Financial Statements - Special Purpose Financial Reporting (Standing Order) 15/07/2021 41883445 $353.00 Add to cart
Book XYZ Model Financial Stmts Advanced Disclosure Checklists 2023 31/08/2023 9781991102393 $612.38 Add to cart
Book XYZ Model Financial Stmts General Purpose Financial Report 2023 31/08/2023 9781991102409 $805.00 Add to cart
Book XYZ Model Financial Stmts Not For Profit 2023 31/08/2023 9781991102416 $727.00 Add to cart
Book XYZ Model Financial Stmts Special Purpose Financial Report 2023 24/09/2023 9781991102423 $389.00 Add to cart
Book XYZ Model Financial Stmts – Advanced Disclosure Checklists 2024 19/09/2024 9781991102652 $493.04 Add to cart
Book XYZ Model Financial Stmts – General Purpose Financial Report 2024 31/07/2024 9781991102669 $956.52 Add to cart
Book XYZ Model Financial Stmts – Not For Profit 2024 20/06/2024 9781991102676 $534.78 Add to cart
Book XYZ Model Financial Stmts – Special Purpose Financial Report 2024 20/08/2024 9781991102683 $427.27 Add to cart

Description

This is the go-to resource for entities currently preparing general purpose financial statements.

Designed specifically for entities that produce general purpose financial statements, it contains example disclosures for entities reporting under:

  • Full compliance with the New Zealand equivalents to International Financial Reporting Standards (NZ IFRS)
  • Compliance with the New Zealand equivalents to International Financial Reporting Standards applying the Reduced Disclosure Regime (NZ IFRS RDR).

Benefits

  • Stay up-to-date with an overview of the recent changes to the financial reporting framework, that provides guidance in determining which of the four tiers an entity will report under
  • Step-by-step guidance on how to save time and resources in producing professionally formatted financial reports
  • Reduce the risk of non-compliance and penalties

XYZ Model Financial Statements - General Purpose Financial Reporting is part of the XYZ Model Financial Statements Suite - the industry standard for the preparation, presentation and generation of compliant financial statements.

What's New in 2020
  • Illustrative wording to account for the impact of COVID-19 for entities that have balance dates at 31 December 2019 and those that have balance dates at 31 March 2020.  Because of the timing of the outbreak of the virus in the first quarter of 2020, the accounting consequences between the two balance dates are quite different.  Given this the outbreak of Coronavirus requires careful consideration of disclosures in the following areas, and these are illustrated:
    • asset impairments and changes in assumptions used to assess if assets are impaired
    • changes in the fair value of assets
    • increased costs and/or reduced demand requiring provisions for onerous contracts
    • changes in expected credit losses for loans and other financial assets
    • material uncertainties present in current operations that might cast doubt on the ability of the reporting entity to continue as a going concern
  • Implementation of the new standards NZ IFRS 16: Leases as all Tier 1 and Tier 2 reporting entities will be affected by this new Standard.  The models illustrate:
    • transitioning from NZ IAS 17 to NZ IFRS 16 using the Modified Transition Method
    • accounting policies that will linked to both NZ IAS 17 (for the comparative period) and NZ IFRS 16 (for the year ended 31 March 2020)
    • the extensive new disclosures required by NZ IFRS 16
  • Updated notes to the financial statements as a result of implementing last year these two standards
    • NZ IFRS 7: Financial Instruments Disclosures
    • NZ IFRS 15: Revenue from Contracts with Customers
  • Updated commentary that summarises and evaluates the likely impact of all NZ IFRS changes and amendments that have been approved by the New Zealand Accounting Standards Board during 2019 that come into effect in 2020 and beyond, including NZ IFRS 17: Insurance Contracts.

 

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Price is for an standing order and you will receive the update issued each year in print format when it is released. You will receive the current edition in print format upon purchase. Thereafter, invoices and subsequent editions will be issued automatically. Subscribers must provide the publisher with written notice of cancellation within 30 days of the date of their standing order invoice; otherwise the subscriber will be liable for the invoiced amount. To order a one-off copy only or further information, please contact us by email supportANZ@thomsonreuters.com or call 0800 785 483.