Auditing Standards

  • Auditing

These current Auditing Standards issued by the XRB Board or the NZAuASB apply to all assurance practitioners adopting the XRB auditing & assurance standards. 

NOTE: The  Explanatory Guides at the base of this page have no legal status and we have issued them for explanatory purposes only.

See below: Amendments > Explanatory Guides >


  • XRB Au1 Application of Auditing and Assurance Standards
  • ISA (NZ) 200 Overall Objective of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing (New Zealand)
  • NZ AS 1 The Audit of Service Performance Information
  • ISA (NZ) 210 Agreeing the Terms of Audit Engagements
  • ISA (NZ) 220 Quality Control for an Audit of Financial Statements
  • ISA (NZ) 230 Audit Documentation
  • ISA (NZ) 240 The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements
  • ISA (NZ) 250 (Revised) Consideration of Laws and Regulations in an Audit of Financial Statements
  • ISA (NZ) 260 (Revised) Communication with Those Charged with Governance
  • ISA (NZ) 265 Communicating Deficiencies in Internal Control to those Charged with Governance and Management
  • ISA (NZ) 300 Planning an Audit of Financial Statements
  • ISA (NZ) 315 (Revised) Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment
  • ISA (NZ) 320 Materiality in Planning and Performing an Audit
  • ISA (NZ) 330 The Auditor’s Responses to Assessed Risks
  • ISA (NZ) 402 Audit Considerations Relating to an Entity Using a Service Organisation
  • ISA (NZ) 450 Evaluation of Misstatements Identified During the Audit
  • ISA (NZ) 500 Audit Evidence
  • ISA (NZ) 501 Audit Evidence – Specific Considerations for Selected Items
  • ISA (NZ) 505 External Confirmations
  • ISA (NZ) 510 Initial Audit Engagements – Opening Balances

Explanatory Guides