Changes to Reporting Standards for Charities
25 March 2025
There are changes to the reporting standards for charities that administrators for charitable entities need to become familiar with.
- For reporting periods ending on or after 31 March 2025, the new “Tier 4 (NFP)” standard will be compulsory for annual returns filed with Charities Services. This standard replaces the existing “PBE SFR C (NFP)” standard that currently applies. Both standards apply where cash-based reporting is used.
- An equivalent change applies to charities required to use accrual (non-cash) based reporting, with a new “Tier 3 (NFP)” applying.
- The changes are not significant. They simplify the content of the Statement of Service Performance and the Statement of Resources & Commitments and amend the standard reporting categories for receipts and payments for Tier 4 (or income and expenses for Tier 3).
- Guidelines for the new standards and their application can be found at www.charities.govt.nz/reporting-standards/about.
If you’re responsible for annual reporting for a charity, contact us to check how these changes will apply to you.













