XYZ Model Financial Statements - General Purpose Financial Reporting 2020

Grant Thornton

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$695.00* RRP + GST

New Release, 31/03/2020

Code: 9781988591698

Thomson Reuters, NEW ZEALAND

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Online	XYZ Model Financial Statements - General Purpose Financial Reporting - Checkpoint	01/05/2013	41413615	POA	Enquiry Enquiry Sent Thank you for your enquiry. One of our customer service representatives will contact you within the next 48 hours. If, by chance, you’ve not heard from us please call 0800 10 60 60 within our office hours or, click this link for alternative methods of contact. Kind regards, The Thomson Reuters Customer Care Team Enquiry form XYZ Model Financial Statements - General Purpose Financial Reporting - Checkpoint First Name:* Last Name:* Email:* Phone:* Company (if applicable): City:* Message:*
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Book	XYZ Model Financial Statements - General Purpose Financial Reporting (Standing Order)	25/07/2018	41667654	$267.20	Enquiry Enquiry Sent Thank you for your enquiry. One of our customer service representatives will contact you within the next 48 hours. If, by chance, you’ve not heard from us please call 0800 10 60 60 within our office hours or, click this link for alternative methods of contact. Kind regards, The Thomson Reuters Customer Care Team Enquiry form XYZ Model Financial Statements - General Purpose Financial Reporting (Standing Order) First Name:* Last Name:* Email:* Phone:* Company (if applicable): City:* Message:*
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Book	XYZ Model Financial Statements - Not For Profit (Standing Order)	31/07/2018	41721517	$604.00	Enquiry Enquiry Sent Thank you for your enquiry. One of our customer service representatives will contact you within the next 48 hours. If, by chance, you’ve not heard from us please call 0800 10 60 60 within our office hours or, click this link for alternative methods of contact. Kind regards, The Thomson Reuters Customer Care Team Enquiry form XYZ Model Financial Statements - Not For Profit (Standing Order) First Name:* Last Name:* Email:* Phone:* Company (if applicable): City:* Message:*
Online	XYZ Model Financial Statements - Not For Profit - Checkpoint	01/04/2015	41722227	POA	Enquiry Enquiry Sent Thank you for your enquiry. One of our customer service representatives will contact you within the next 48 hours. If, by chance, you’ve not heard from us please call 0800 10 60 60 within our office hours or, click this link for alternative methods of contact. Kind regards, The Thomson Reuters Customer Care Team Enquiry form XYZ Model Financial Statements - Not For Profit - Checkpoint First Name:* Last Name:* Email:* Phone:* Company (if applicable): City:* Message:*
Online	XYZ Model Financial Statements - Not For Profit Workbook - Checkpoint	01/04/2015	41722228	POA	Enquiry Enquiry Sent Thank you for your enquiry. One of our customer service representatives will contact you within the next 48 hours. If, by chance, you’ve not heard from us please call 0800 10 60 60 within our office hours or, click this link for alternative methods of contact. Kind regards, The Thomson Reuters Customer Care Team Enquiry form XYZ Model Financial Statements - Not For Profit Workbook - Checkpoint First Name:* Last Name:* Email:* Phone:* Company (if applicable): City:* Message:*
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Book	XYZ Model Financial Statements - Not For Profit Workbook 2020 (One-off purchase)	30/04/2020	9781988591711	POA	Enquiry Enquiry Sent Thank you for your enquiry. One of our customer service representatives will contact you within the next 48 hours. If, by chance, you’ve not heard from us please call 0800 10 60 60 within our office hours or, click this link for alternative methods of contact. Kind regards, The Thomson Reuters Customer Care Team Enquiry form XYZ Model Financial Statements - Not For Profit Workbook 2020 (One-off purchase) First Name:* Last Name:* Email:* Phone:* Company (if applicable): City:* Message:*
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Description

Embraced by New Zealand accounting professionals for over 25 years, XYZ Model Financial Statements continues to be the industry standard for the preparation of compliant financial reports.

Benefits

Stay up to date with an overview of the recent changes to the financial reporting framework
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

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.

Price is for a one-off purchase only. You will receive this edition only in print format upon purchase. To order a subscription or for further information, please contact us by email supportANZ@thomsonreuters.com or call 0800 785 483.

XYZ Model Financial Statements - General Purpose Financial Reporting 2020

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