This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Financial reporting survey series

Deloitte Financial Reporting Survey SeriesDecisions on policies and presentations in the financial statements and other components of the annual report are influenced by rules, recommendations, regulators and the reality of what is happening in practice.

In order to understand how entities apply the annual reporting requirements in practice, we have commenced the Deloitte Financial Reporting Survey Series where we consider a series of questions regarding the annual reports of a sample of New Zealand entities such as:

  • What decisions are made by the first adopters of new reporting requirements?
  • What trends are emerging in financial reporting, management commentary and corporate governance disclosures?
  • Where are the challenges?
Survey of 2013 annual reports
Stability Issue 11: Stability in annual reporting – Surveying annual reports 2013
This issue provides an overview of disclosures made in the 2013 annual reports of a sample of 100 listed and other large companies with publicly available information. As 2013 was a year of stability with few changes in annual reporting requirements, we have focused our attention on those areas where change was expected – non-GAAP financial information and diversity disclosures. (June 2014)
Underlying Issue 12: Underlying profit 2013
This issue considers the practice of providing alternative measures of profit in the 2013 annual reports of 100 listed and other large companies. This year’s survey focuses on how companies implemented the Guidance Note issued by the Financial Markets Authority (FMA) in the first annual reports after the FMA’s guidance note became applicable. (June 2014)
Survey of 2012 annual reports
Issue 9 Issue 9: Perspectives on annual reporting – Surveying annual reports 2012
This issue provides an overview of disclosures made in the 2012 annual reports of a sample of 100 listed and other large companies with publicly available information, focusing on management commentary, corporate governance disclosures and the financial statements. Consideration is also given to a smaller sample of 30 entities taking advantage of differential reporting concessions. (June 2013)
Underlying profit Issue 10: Underlying profit 2012
This issue considers the practice of providing alternative measures of profit in the 2012 annual reports of 100 listed and other large companies as a follow up to our 2011 survey (Issue 8), as well as an overview of current practice compared against the FMA’s guidance on this topic which became effective from 1 January 2013. (June 2013):
Survey of 2011 annual reports
Issue 7

Issue 7: Surveying financial statements in annual reports – 2011
This issue provides an overview of financial reporting practices applied in the 2011 annual reports of a sample of 100 companies complying with New Zealand equivalents to International Financial Reporting Standards (NZ IFRS and IFRS). Consideration is also given to a smaller sample of 30 entities taking advantage of differential reporting concessions. (June 2012)

Issue 8
Issue 8: Understanding performance: Underlying profit
This issue considers the practice of providing alternative measures of financial performance in the 2011 annual reports of 100 companies as a follow up to our 2010 survey (Issue 6), as well as an overview of current practice compared against the FMA’s draft guidance on this topic. (June 2012)
Survey of 2010 annual reports


Issue 5: Surveying financial statements in annual reports – 2010
This issue provides an overview of financial reporting practices applied in the 2010 annual reports of a sample of 100 companies complying with New Zealand equivalents to International Financial Reporting Standards (NZ IFRS and IFRS). Consideration is also given to a smaller sample of 30 entities taking advantage of differential reporting concessions. (June 2011)


Issue 6: Underlying profit revisited
Underlying profit – useful or misleading? This issue considers the practice of providing alternative measures of financial performance in the 2010 annual reports of 100 companies as a follow up to our 2009 survey (Issue 2), as well as an overview of press commentary and regulator activity in the past year on this topic. (June 2011)
Survey of 2009 annual reports
Issue 1: Focus on financial reporting in practice
This issue provides an overview of the financial statements of a sample of companies with June to September 2009 balance dates. (June 2010)
Issue 2: Focus on financial statements – the top 10 considerations
As a result of our focus on financial reporting in practice, we have identified the top 10 matters to consider when preparing financial statements. (June 2010)
Issue 3: Reporting underlying profit
In this issue we look at the practice of providing an alternative measure of financial performance to that calculated in accordance with applicable accounting standards. (June 2010)
Issue 4: Where are the judgements?
This issue considers what critical judgements and major sources of estimation uncertainty are being disclosed by companies, where they are presented in the financial statements, and the extent of sensitivity disclosures provided for estimates. (June 2010)

Contact us

  • Denise Hodgkins
    National technical partner
    Meet the team

Stay informed

  • Accounting Alert
    What's new in financial reporting
  • ExternalURL
    The Centre for Corporate Governance
    Resources, information, and tools for boards of directors and others interested in governance
Stay connected:
Get connected
Share your comments

 

More on Deloitte
Learn about our site