As soon as possible after the end of each financial year, you must prepare financial statements for that year if you are a Crown entity. You have to make sure these statements follow standard accounting rules and include any other information needed to show how the entity is doing financially. You also need to include forecast financial statements from the start of the year so you can compare them with the actual financial statements.

The financial statements you prepare must comply with generally accepted accounting practice and include any other information or explanations needed. You need to follow standard accounting rules and provide enough information to give a fair picture of the entity's financial situation. This will help you understand how the entity is doing financially and make comparisons with earlier forecasts.

You can find more information about the rules for Crown entities in the Crown Entities Amendment Act 2013. This act changed some of the rules for Crown entities, including the rules for preparing financial statements. It is available on the New Zealand legislation website.