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加拿大人力资源学论文代写 :公益实体层级划分

公益性实体不同于营利性实体。营利性实体不同于公益性实体。公益实体的主要目标是为社会提供商品或服务,而不是向实体所有者提供财务回报(Chartered Accountants, 2016)。当该实体为公开责任实体或FMC报告实体时,则自动适用新西兰IFRS标准,并相应地要求进行相关财务报告。这意味着第1层的适用性开始生效。

第1层所涵盖的实体将遵循新西兰国际财务报告准则的会计准则。包括固定资产管理公司或利润丰厚的公共部门在内的实体,其年度支出超过3000万美元,属于一级资本(Deloitte, 2014)。符合第一级资格的一般公共问责实体。

加拿大人力资源学论文代写 :公益实体层级划分

The system of Tier is a grouping of different entities and fixing norms to such entities. The entities so described in the relevant tier that required maintaining relevant procedures. For example, Tier 1 described entities like public accountable, large and those annual expenses are more than $30 million. In New Zealand, many types of entities exist i.e. small, medium, public and not for profit etc. According to criteria, the entities were classified under any of the Tiers i.e. Tier 1 to Tier4. However, the Tier-1 entities must meet the PBE Standards with effect from 1 July 2014.
The PBE even described under public sector, still it need not be profit entity. Initially, these two sectors fall into tier 1. Based on the eligibility criteria, the entities opt for the lower tier. PBE termed as an entity known as profit entity and public benefit entity. It means that the entity is public and the profitability varies.

加拿大人力资源学论文代写 :公益实体层级划分

Public benefit entity is different from the entity of profit entity. The for-profit entity differs from public benefit entity. The Public benefit entity primary objective is to provide goods or services for the benefit of the community rather than financial return to the owners of the entity (Chartered Accountants, 2016). When the entity is publicly accountable or FMC reporting entity, then automatically NZ IFRS standards are applicable and accordingly relevant financial reporting required to be made. It means that the applicability of Tier 1 comes into force.
NZ IFRS Accounting Standard is to be followed by the entities those are covered under Tier 1. The entities including FMC or large profit public sector where the annual expenses exceed 30 million covered under Tier 1(Deloitte, 2014). Normally public accountable entities qualified for Tier 1.