Notes to the financial statements |

Accounting policy

Tauira fees and other receivables are recorded at the amount due, less an allowance for expected credit losses. Te Wānanga o Aotearoa applies the simplified expected credit loss model of recognising lifetime expected credit losses for receivables.

In measuring expected credit losses, tauira fees and other receivables have been assessed on a collective basis as they possess shared credit risk characteristics. They have been grouped based on the days past due.

Tauira fees and other receivables are written-off when there is no reasonable expectation of recovery. Indicators that there is no reasonable expectation of recovery include the debtor being in liquidation.

The expected credit loss rates for receivables at 31 December 2022 are based on the following:

› Debt is over $150

› Age of debt is over 365 days

› Automatic Payment's stopped and minimal or no contact with Te Wānanga o Aotearoa or collection agency around debt above comprise:

There have been no changes in the estimation technique or significant assumptions used in measuring the loss allowance.