Chartered Accountants Australia and New Zealand?s (Chartered Accountants ANZ) Financial Reporting Handbook 2015 incorporates a comprehensive list of Accounting Standards, Interpretations and other pronouncements applicable for all financial reporting dates in 2015, as issued at 1 December 2014 to be applied by Tier 1 and 2 for-profit entities preparing general purpose financial statements. The External Reporting Board (XRB) and the New Zealand Accounting Standards Board (NZASB) develop, approve and promulgate these standards that apply in New Zealand. The 2015 edition contains: XRB A1 Accounting Standards Framework Explanatory Guides New Zealand Equivalents to International Financial Reporting Standards (NZ IFRSs) and Interpretations (NZ IFRICs) New Zealand International Accounting Standards (NZ IASs) New Zealand Equivalents to Standing Interpretations (NZ SICs) Financial Reporting Standards (FRSs) New Zealand Equivalent to SIC Interpretations (SICs) and Accompanying amendments applicable to relevant standards. For latest information relating to New Zealand Accounting Standards, refer to www.xrb.govt.nz, which is regularly updated throughout the year. A companion to this Handbook is Chartered Accountants Australia and New Zealand?s Auditing, Assurance and Ethics Handbook 2015, bringing together all of the new and revised Auditing Standards, Guidance Statements and Professional and Ethical Standards as issued at 1 December 2014. Together, these Handbooks are part of the suite of products and services available to Chartered Accountants and the student and business community.

The third edition of Loftus’ Financial Reporting has been updated for recent developments in the Australian Accounting Standards, including the release of the new Conceptual Framework. This text is designed to be used across the 2nd and 3rd year financial accounting units. A hallmark feature of the text is that it provides both a conceptual understanding and a practical application of the accounting standards. For students, an understanding of the conceptual basis of accounting and the rationale behind the principles is crucial to the consistent application of standards in a variety of practical contexts. The Financial Reporting interactive e-text features a range of instructional media content designed to provide students with an engaging learning experience. This includes practitioner videos (from Ernst & Young), interactive worked problems and questions with immediate feedback. Loftus’ unique resource can also form the basis of a blended learning solution for lecturers.