The guide illustrates one possible format for financial statements, based on a fictitious multinational corporation, Diverse Group Limited and subsidiaries. The corporation is not a first-time adopter of NZ IFRS.
Yellow text indicates that these disclosures are not required by NZ IFRS RDR (i.e. paragraphs marked as a * in the RDR standards, or relief specified by an RDR paragraph).
Green text indicates new or changed information required by NZ IFRS RDR.
This publication is a transitional publication and will not be updated in subsequent years.
While this publication provides a valuable demonstration of NZ IFRS RDR, it should not be used as a substitute for referring to the standards and interpretations themselves, particularly where a specific requirement is not addressed in this publication or where there is uncertainty regarding the correct interpretation of NZ IFRSs.
This publication does not illustrate NZ IFRS 4 Insurance Contracts, NZ IFRS 6 Exploration for and Evaluation of Mineral Resources, NZ IAS 26 Accounting and Reporting by Retirement Benefit Plans or NZ IAS 34 Interim Financial Reporting.