The New Zealand Accounting Standards Board of the External Reporting Board hereby gives direction, pursuant to section 24(1)(d) of the Financial Reporting Act 1993, that the New Zealand Conceptual Framework for Financial Reporting (PBE) (NZ Framework (PBE)) has authoritative support.
The NZ Framework (PBE) may be inspected free of charge at the offices of the External Reporting Board (XRB), Level 7,
50 Manners Street, Wellington.
Copies are also available on the XRB’s website
www.xrb.govt.nz
Dated this 7th day of November 2012.
MICHELE EMBLING, Chair, New Zealand Accounting Standards Board.