NZ accountants feel weight of ever-growing scope of reporting

IASB chair Andreas Barckow, who recently visited NZ. (Image: Supplied)

Fri, 08 Dec 2023

New Zealand accountants and auditors had a message for visiting global standard setter Andreas Barckow – the rules are getting complicated.Barckow is chair of the London-based International Accounting Standards Board (IASB) and visited NZ last week to talk to the accounting community. BusinessDesk caught up with him at the External Reporting Board’s (XRB) office in Wellington.The International Financial Reporting Standards (IFRS) have been in place since 2001. The IASB was created the same year with a mission to narrow down the...

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