Extended External Reporting in New Zealand

Outputs of ReportingNZ: Extended External Reporting 

In 2017, in collaboration with the External Reporting Board (XRB), the Institute undertook two surveys  – Survey of the CFOs of significant New Zealand companies and Extended External Reporting User Survey. The two survey results booklets were published in March 2018, along with two accompanying documents.

You can read the publications by clicking on the images below.

The Survey of the CFOs of Significant New Zealand companies is published as the Preparers’ Survey: Attitudes of the CFOs of significant companies towards Extended External Reporting. This booklet gathers the thoughts of the Chief Financial Officers (CFOs) of companies listed on the 2016 Deloitte Top 200 and the NZSX-listed companies (as at June 2017). Of the 277 CFOs who were sent the survey, 92 responded.



The Extended External Reporting User Survey is published as the Users’ Survey: Attitudes of interested parties towards Extended External Reporting. This booklet explores the current and future landscape of reporting in New Zealand and the usefulness of corporate reporting through the responses of any interested parties who use company reports to learn more about their operations (the Users of EER). There were 104 responses to this survey.


Survey Insights: An analysis of the 2017 Extended External Reporting Surveys is an accompanying paper which explores the results of the two 2017 surveys and summarises the key insights gained through the process. Qualitative and quantitative data was analysed by the research team to draw out key insights.




Survey Highlights: A summary of the 2017 Extended External Reporting Surveys is a six-page overview of the key findings from the two surveys, with the results broken down into five parts ­– what the respondents think about ‘accessibility’, ‘engagement’, ‘content’, ‘frameworks’, and ‘assurance’.




In 2017, in collaboration with BDO, the McGuinness Institute also undertook an analysis of the content of annual reports of NZSX-listed companies. The Institute team comprehensively reviewed all annual reports published by NZSX-listed companies in the 2016 calendar year and listed on the NZSX in 2017.

Working Paper 2018/01 ­– NZSX-listed company tables
This working paper brings together the Institute’s preliminary research in order to develop an understanding of New Zealand’s corporate reporting landscape, and reviews specific elements where there is misalignment between what is desired to meet the purpose of responsible corporate reporting in New Zealand and what current practices are.



ReportingNZ Overview Worksheet
This worksheet is a foldout document with key highlights and insights from all publications in this research project. It is the sole work of the Institute, and aims to bring both our research and other secondary research together in an easy to digest format for Preparers and other interested parties.




To be published mid-2018
Report 17 – Building a Reporting Landscape Fit for Purpose
Report 17 will bring together the findings from our two surveys with what we can learn from national and international research. We aim to highlight key findings and make suggestions on how New Zealand might better use external reporting to drive foresight and strategy so that the country is better prepared for the future.


The Institute undertook a similar survey in 2011, Integrated Annual Report Survey of New Zealand’s Top 200 Companies: Exploring Responses from Chief Financial Officers on Emerging Reporting Issues. You can read it here.