Skip to content. | Skip to navigation.

Navigation

Model Financial Statements: Crown Service Enterprise 2018/19

Here is our 2019 update to the model financial statements for Crown entities, using the public benefit entity (PBE) accounting standards for Tier 1 and Tier 2 entities. While these model financial statements are designed specifically for Crown entities, entities in other sectors using the PBE accounting standards may also find these useful.

The financial statements included in this model, including certain disclosure requirements of the Crown Entities Act 2004, are part of what Crown entities are required to include in their annual report.

You are welcome to download a PDF copy from the link on the right-hand side of this page.

Changes to the model

This 2019 update to the model financial statements primarily focuses on the early adoption of PBE IFRS 9 Financial Instruments.

The Crown has elected to early adopt PBE IFRS 9 in preparing the 30 June 2019 Financial Statements of Government (FSG). In line with the FSG, the CSE has elected to early adopt PBE IFRS 9.

Page 5 of the model highlights the main updates to the model since it was previously published in 2016.

Page created: 19 July 2019