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Guide
Accounting Policies for the Financial Statements of the Government of New Zealand for the Half Year Economic and Fiscal Update 2020
Guide
Accounting Policies for the Financial Statements of the Government of New Zealand for the Half Year Economic and Fiscal Update 2020
Issue date:
Wednesday, 16 December 2020
Status:
Current
Corporate author:
The Treasury
View point:
The Treasury
Document Date:
Wednesday, 16 Dec 2020
Publication category:
Guidance
Copyright:
Creative Commons Attribution 4.0 International
Fiscal year:
2020/21
Formats and related files
Accounting Policies for the Financial Statements of the Government of New Zealand for the Half Year Economic and Fiscal Update 2020
pdf
325.2 KB
Last updated:
Wednesday, 16 December 2020
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About the Treasury
Who we are
Our story
Our objectives and functions
Our strategy
Our key documents
Benchmarking Administrative & Support Services Agency Report for the Treasury
Performance Improvement Framework
Our Ministers
Our history
List of Secretaries to the Treasury
Our team
Our governance
Our leadership team
Our structure
Alumni
Our work
Supporting the government
Legislation we administer
Portfolio of companies and entities
Academic linkages and research
Education & community
Tertiary Challenge
Tertiary Challenge 2018
The task
Timeline
Prizes
Terms and conditions of entry
Entry criteria
Winner and finalists
Previous winners of the Tertiary Challenge
Schools challenge
Schools challenge 2018
Terms and conditions 2018
School visits
Key relationships
Asia-Pacific Economic Cooperation (APEC)
APEC 2006 Viet Nam: Public Sector Governance Seminar Furama Hotel, Da Nang, 10 September 2006
APEC Pensions & Annuities Markets - 8-9 Nov 2007 - Singapore - Treasury Seminars - Asia-Pacific Economic Cooperation (APEC)
Draft Agenda - APEC Pensions & Annuities Markets 8-9 Nov 2007 - Singapore
Economic Committee
New Zealand Chair 2007/08
Finance Ministers' Process
Investment Experts Group
Savings Policy Workshop: A Dialogue on Savings and Capital Market Development Melia Hotel, Hanoi, 1 September 2006
Speakers' Biographies - APEC Pensions & Annuities Markets 8-9 Nov 2007 - Singapore
Strengthening Economic and Legal Infrastructural Coordinating Group
Treasury Seminars at APEC
Trans-Tasman Banking Council
Relationship with the RBNZ
Council of Financial Regulators
Careers
Working at the Treasury
Graduate opportunities
About the graduate programme
The Capital and Commercial Stream
The Macroeconomist Stream
The Policy, Performance and Advisory Stream
Health, wellness and our culture
Meet the team
Applications
FAQs Graduate Programme
Intern opportunities
About the programme
Our interns
Meet the team
Internship Applications
FAQs for the Intern Programme
Visiting research fellowships
Previous visiting research fellows
Information and services
Financial management and advice
Budgets & forecasts
Matai - the Treasury's new macroeconomic forecasting model
Fiscal strategy
Fiscal strategy model
Revenue & expenditure
Government 2018 Revenue Strategy
Revenue effects of tax changes
Revenue Effect of Changes to Key Tax Rates, Bases and Thresholds for 2019/20
Who pays income tax… and how much?
Tax Outturn Data
What We Earn
Tax and Welfare Analysis (TAWA) Model
Investment
Assets & liabilities
New Zealand Superannuation (NZS)
What We Own
Asset Sales - Historical Information
Notes on Each Sale
Debt management
Supporting exporters
State sector leadership
State sector performance
Public Finance System
Guidance
Strategic thinking and planning
Planning
Appropriations and Reportable Outputs
Public Finance Act provisions for establishing a multi-category appropriation
Overview guidance on the administration and use of appropriations
Administration and Use of Appropriations: Technical Guidance for Departments
Who reports against appropriations?
Better Business Cases - Investing for Change for Better Value
Costing of Political Party Policies
Developing a Cost Recovery Proposal
Implementation, management, monitoring
Guidance for Entities
Monitoring SOE's and Crown entities and departments
Policy advice
Reporting: Financial
Accounting Policies
Crown Reporting Requirements
Accounting Guidance
Capital Charge
Discount Rates
Risk-free Discount Rates and CPI Assumptions
Accounting Standards
New Zealand International Financial Reporting Standards 2007-2014
Public Sector PBE Standards - Comparison to NZ IFRS (PBE)
Transition to Public Benefit Entity (PBE) Standards
Draft Disclosure for FRS 41
Guidance for For-Profit Entities
Guidance for Public Benefit Entities Reporting Under Crown Accounting Policies and PBE Standards
Overview of the Public Sector PBE Standards
Project Timetable
Public Benefit Entities (PBE)
CFISnet Registration
Applying a wellbeing approach to agency planning and performance reporting
Treasury instructions
Treasury circulars
Reporting: Performance
Departments and Offices of Parliament
Internal Controls
History of Internal Control Assurance
Investment management
Think: Investment Possibilities
Data collection process
Government Project Portfolio
Long Term Investment Plans
Risk profile assessment
Plan: Investment Choices
Benefits guidance
Templates
Cost Benefit Analysis including Public Sector Discount Rates
The Treasury's CBAx Tool
Change Management Guidance
Do: Investment Implementation
Review: investment reviews
Gateway reviews of government projects
Gateway Reviews – Process & Planning
Gateway Reviews - Review Reports
Gateway reviews – becoming a reviewer
Gateway reviews – lessons learned
Investor Confidence Rating (ICR)
ICR - Information
ICR - Asset Management Maturity
ICR – NZP3M Maturity
ICR - Quality of Long Term Investment Plans
ICR – Procurement Capability Index
ICR - Organisational Change Management Maturity
ICR - Benefits Delivery Performance
ICR - Project Delivery Performance
ICR - Asset Performance
ICR – System Performance (compliance)
ICR – Outlook Discussion
ICR – Guidance
ICR - Results
Major Projects Performance Reports
Investment Intensive Agencies
Better Business Cases (BBC)
Better Business Cases 2019-2020 refresh
BBC and the Investment Management Life Cycle
The BBC Framework and the Annual Budget Process
When is BBC required?
BBC guidance
When is a two-stage BBC process required?
Strategy and business planning
Strategic Assessment
Programme Business Case
Project Indicative Business Case (IBC)
Project Detailed Business Case (DBC)
Project Single-Stage Business Case (SSBC)
Project Implementation Business Case (ImBC)
BBC methods and tools
Approaches to sensitivity analysis
Investment logic mapping
Techniques to Quantify Risk and Uncertainty
Expediting investment decisions
Better Business Cases support and training
BBC experts
About the IMAP Team
Cross-agency initiatives
Social investment
How Social Investment Works
The Role of Data in Social Investment
Budget 2015 Request for Information
Cost Benefit Analysis for Social Investments
Case Studies
Information Releases
Better Public Services
Better Public Services (BPS) Seed Fund
Cross-Agency Funding Framework
Benchmarking administrative and support services
Archive of Administrative & Support Services Benchmarking Reports
Better Administrative and Support Services Frequently Asked Questions
Asset performance reporting
Departmental Internal Control Evaluation (DICE)
Policy Advice
Public Finance Reform
Baseline Reviews
Government finance profession
NZ economy
COVID-19 economic response
Commentary from the Treasury
COVID-19 information releases
COVID-19 economic response measures
Business Finance Guarantee scheme
COVID-19 Expenditure
Business Finance Guarantee Dashboards
Higher living standards
Our living standards framework
Sharing our experience of using the LSF
A wellbeing approach to cost benefit analysis
Why we need the Living Standards Framework
Measuring wellbeing: the LSF Dashboard
Stay up to date with the LSF
Tools and resources for using the LSF
Embedding wellbeing in the Public Sector
History of the LSF
Productivity
Pacific contribution to the economy
Future of Work Tripartite Forum
Infrastructure
Infrastructure Ministers
New Infrastructure Funding Tool
Other Government Agencies
NZ Infrastructure Commission
NZ Infrastructure Commission - Background Documents
Historical infrastructure documents
Company and entity performance advice
Portfolio of companies and entities
Current directors
Types of companies and entities
Board appointments
What we look for
Application process
Terms of appointment
Appointment-only entities
How the Treasury provides performance advice
Regulation
Regulatory Management System Overview
Regulatory management strategy
Regulatory Institutions and Practices Report
Regulatory timeline
Regulatory stewardship
Good regulatory practice
Keeping regulation fit for purpose
Best practice regulation
Regulatory System Reporting
Statutes repeal
Information for regulators
Regulatory excellence award
Impact analysis
Quality assurance of RIA
RIA review
Implementation and monitoring responsibilities
Quality of RIS
Regulatory standards bill
Turning Policy Into Legislation
Treasury’s Role in Regulatory Management
Other services
Unclaimed money
Bona vacantia (ownerless) property
Frequently asked questions
Property of a company removed from the Companies Register
Standard Requirements
Bona Vacantia Money
Easements
Encumbrances
Land
Leases
Liens
Mortgages
Resource Consents
Shares
Trade Marks and Other Intellectual Property
Notices of vesting
Make an official information request
Engage with us on social media
News and events
News
Media statements
Our events
Guest lectures
Guide for invited lecturers
Lockups & technical briefings
Speeches
Reviews & consultation
Consulting on long-term fiscal challenges
Earthquake Commission Act 1993
Earthquake Commission Act - Submissions Received
Establishing an Independent Fiscal Institution
Public Finance Act 1989
Reform of Overseas Investment Act
Reviewing the Reserve Bank Act
Public Consultation and Updates
Public Consultation - third round
Review Update
Public Consultation - second round
Public Consultation - first round
Proactive Releases - Reviewing the Reserve Bank Act
Speeches and Media Releases - Phase 2
Independent Expert Advisory Panel
Phase 1 of the Reserve Bank Act Review
Publications
Budgets
Budget 2021
Budget 2020
Current and past Budgets
Forecasts
Vote information 1998 to 2020
Notes to the Historical Vote Information
Budget information releases
Financial statements of the Government
Month end financial statements
Year end financial statements
Strategies and plans
Investment statements
Long-term fiscal position
He Tirohanga Mokopuna
Long-term fiscal model
Research and commentary
Weekly economic updates
Discussion papers
New Zealand Activity Index
Regional Activity Indicies
Rangitaki blog
Contacting authors
Working papers
Analytical papers
Monthly economic indicators
Other paper series and details
Policy perspectives papers
Productivity papers
Treasury papers
Staff insights
Contacting authors
Disclaimer for research and commentary publications
Publications Committee
Email alerts for new research and commentary publications
Search A-Z
A-Z Research and Commentary (by Author)
A-Z Research and Commentary (by subject)
A-Z Research and commentary (by JEL classification)
Corporate documents
Annual reports
Strategic intentions
Four-year plan
Speeches
Media statements
Briefings to incoming ministers
Guidance
Treasury instructions
Treasury circulars
Glossary
View points
Legislation
Regulatory impact assessments
Departmental disclosure statements
Other official information
Responses to OIA requests
Official Information Act (OIA) Statistics
Information releases
Guarantees information collection
Finance portfolio Cabinet material
Titles of advice to the Minister Responsible for the Earthquake Commission
Titles of advice to the Minister of Finance
Summary economy data
Calendar of upcoming releases
Publication search
Treasury A-Z
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