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Items tagged with "New Zealand"

New Zealand Standards board launches digital standards navigator

The New Zealand External Reporting Board has just launched its digitised reporting and assurance standards platform – the XRB Standards Navigator. This tool offers online access to current accounting, assurance, and climate standards in NZ, making it easier for users to navigate, search, and share these documents.

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XRB advocates for mandatory digital financial reporting in New Zealand

The New Zealand External Reporting Board (XRB) recently published a position paper, outlining the many benefits of digital financial reporting and highlighting its widespread adoption among New Zealand’s trading partners.

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New Zealand’s XRB issues guidance for climate-related financial disclosures

The New Zealand External Reporting Board (XRB) has addressed the need for coherence between climate reporting and financial statements. The newly published guidance is designed for Climate Reporting Entities, offering insights into how New Zealand’s accounting standards apply to climate-related matters in financial statements.

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Addressing Climate Risk Down Under

Adrian Orr, Governor of the Reserve Bank of New Zealand, underlined why the Bank believes mandatory disclosure of climate risk is essential for preserving financial stability at a recent virtual roundtable. Financial stability requires all relevant risks to be adequately identified and priced. Climate change presents a direct and material risk to financial stability – […]

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