Financial reporting updates - Public Sector

Content description

In this webinar, David will share his insights on the developments in financial reporting that are critical for Public sector entities in New Zealand.

Learn from the expert about the key developments impacting the financial statements of Public sector entities in 2021 and in the near future.  David will share his insights on the new standard PBE IPSAS 40 Combinations, important amendments to the existing standards and the developments around lease accounting and revenue recognition.

Learning outcomes

Upon satisfactory completion of this webinar learners will be able to:

•Describe the required accounting treatment for Business Combinations under common control in accordance with PBE IPSAS 40.
•Explain the implications of proposed standards (Exposure drafts) on revenue recognition for public sector entities.
•Explain the expected changes in lease accounting for public sector entities.

Benefits

Benefit from the practical insights and understand the key changes that will impact the financial reporting for public sector entities in the near future.