The Ministry of Economic Development has released a discussion document entitled "Who Should be Subject to Financial Reporting Requirements?"
The discussion document, for which submissions close on 14 May 2004, seeks to establish who should be subject to financial reporting requirements. The document also examines the specific needs of New Zealand companies and the users of their reports, with particular emphasis on eliminating unnecessary compliance costs, particularly for small and medium enterprises.
Electronic copies of the document are available from the Ministry of Economic Development website.
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