这个会计标准框架的四个类别的XRB A1标准的营利实体，为公众利益实体标准与老标准的差距。XRB A1标准是由董事会和美国的会计准则适用于在旧框架的实体（新西兰政府，2014）。XRB A1是适用于所有的实体来的旧框架下的区域。以营利为目的的实体标准适用于所有通用财务报告（gPFR）报告主体。标准内的机构有一个以营利为目的的目标，不论他们属于的行业（金融市场权威，2013）。本标准适用于所有gPFR报告与公共利益目的的实体是为公众利益实体标准。A1定义公共利益实体作为报告主体的程度的标准，其主要目的是提供商品和服务的形成，向社会提供利益，任何股权提供了实现其主要目的不是财务收益权益持有人的目的（XRB，2011）。
Although there were no changes made in the legal status of the standards, yet to differentiate the standards issued by ASRB and XRB, any accounting standard issued by XRB or the NZASB from 1st July 2011 had a XRB logo (XRB, 2011a). All the accounting standards issued on 30th June 2011 were a part of the old accounting standard structure. The principles within the old accounting framework included standards issued by both ASRB and XRB or NZASB (Ministry of Business, Innovation & Employment, 2013).
The four categories of this accounting standard framework are XRB A1, Standards for For-Profit Entities, Standards for Public Benefit Entities and ‘Old GAP’ standards. The XRB A1 standard is issued by the XRB and states which accounting standards are applicable to which entities within the old framework (New Zealand Government, 2014). XRB A1 is applicable to all the entities that come under the area of old framework. The Standard for For-Profit Entities is applicable to all the General Purpose Financial Reports (GPFR) reporting entities. The bodies within the standard have a for-profit objective, irrespective of the industry they belong to (Financial Markets Authority, 2013). The standard applicable to all the GPFR reporting entities with a public benefit objective is the standard for public benefit entities. The XRB Standard A1 defines public benefit entities as the reporting entities, whose main purpose of formation is to offer goods and services that provide benefit to the society and where any equity has been provided with the aim of fulfilling its main purpose instead of financial gains to equity holders (XRB, 2011).
The ‘Old GAAP’ Standards may be functional by For-Profit Entities or Public Benefit Entities (PBEs) that fulfill certain requirements stated in the XRB A1. It was on April 2012 when the XRB issued a new Accounting Standards Framework that had a concept of different sector, with different tiers reporting approach (Grant Thornton, 2014). The new accounting standard was implemented in three stages. The first stage involved making alterations in the Accounting Standards for For-Profit Entities that was applicable from or after 1st December, 2012.