BDO publishes New Zealand Illustrative Financial Statements as at 31 December 2024

BDO has published 31 December 2024 Illustrative Financial Statements for Tier 1 and Tier 2 entities.

For for-profit entities updates include disclosures relating to the adoption of amendments to NZ IAS 1 for the classification of liabilities as current or non-current, NZ IFRS 16 for lease liabilities in a sale and leaseback, NZ IAS 7 and NZ IFRS 7 for supplier finance arrangements, FRS-44 for disclosures of fees for audit firms as well as information about other standards that have been issued but are not yet effective.

For not-for-profit entities updates includes disclosures relating to the adoption of the amendments to PBE IPSAS 1 for disclosures of fees for audit firms.

Access the publications here.

The following publications have been made available:

For more information, please contact your local BDO representative.