• About
• Publications
• Exemptions
• Notices
• What's new?
• International
• Speeches
• Information for investors
• Contact us
• Site map
• Home

REVIEW OF FINANCIAL REPORTING BY ISSUERS
CYCLE 8

Financial Reporting Surveillance Programme

31 March 2009

CONTENTS

EXECUTIVE SUMMARY
INTRODUCTION
CYCLE 8: FINDINGS

Scope and issuer selection
Overall comments on Cycle 8
Outcome of matters raised
Specific comments on Cycle 8 findings

Valuation and fair values
Intangible assets
Impairment of assets
Definition and classification of cash flows
Financial instrument disclosures
Related party information and key management personnel compensation
Management judgements and estimates
Statement of compliance with IFRS
Auditors and other services provided by an auditor
Matters under other Standards

Market matters

Substantial security holder information
Directors' interests and share dealings

CONCLUSION
ONGOING REVIEW AND ENFORCEMENT
APPENDIX 1: BACKGROUND TO THE SECURITIES COMMISSION'S FINANCIAL REPORTING SURVEILLANCE PROGRAMME

The Commission's Financial Reporting Surveillance Programme
New Zealand Generally Accepted Accounting Practice
Selecting issuers
Identifying matters and taking action

NEXT...