Recent Approvals
Recent and amending standards issued by the NZAuASB.
Effective dates are fully set out in the relevant standard or amending standard.
2019 2018 2017 2016
2020
Auditing
| Issued | Standard/Amending standard | Effective date | Access the document |
|---|---|---|---|
| Jun 2020 | Review of Financial Statements Performed by the Independent Auditor of the Entity | Dec 2020 | NZ SRE 2410 (Revised) |
| Jun 2020 | Conforming Amendments to Auditing and Assurance Standards as a result of Professional and Ethical Standard 1 (PES 1) | Jul 2020 | Conforming Amendments |
| Apr 2020 | Identifying and Assessing the Risks of Material Misstatement and related Conforming and Consequential Amendments | Dec 2021 | ISA (NZ) 315 (Revised 2019) |
| Feb 2020 | Amendments to ISA (NZ) 560 Subsequent Events | Jun 2021 | ISA (NZ) 560 |
Professional & Ethical
| Issued | Standard/Amending standard | Effective date | Access the document |
|---|---|---|---|
| Feb 2020 |
Amending Standard Part 4B |
Jun 2021 | PES 1 |
2019
Auditing
| Issued | Standard/Amending standard | Effective date | Access the document |
|---|---|---|---|
| Feb 2019 | NZ AS 1 The Audit of Service Performance Information | Jan 2021 | NZ AS 1 |
2018
Auditing
| Issued | Standard/Amending standard | Effective date | Access the document |
|---|---|---|---|
| Nov 2018 | ISA (NZ) 540 (Revised) | Dec 2019 | ISA (NZ) 540 (Revised) |
Professional & Ethical
| Issued | Standard/Amending standard | Effective date | Access the document |
|---|---|---|---|
| Dec 2018 | PES 1 Code of Ethics for Assurance Practitioners | Jun 2019 | PES 1 |
| Feb 2018 | Long Association and Public Interest Entity Amendments to PES 1 (Revised) | Dec 2018 | PES 1 (Revised) |
2017
Other Assurance
| Issued | Standard/Amending standard | Effective date1 | Access the document |
|---|---|---|---|
| Mar 2017 | SAE 3100 (Revised) Assurance Engagements on Compliance | Jan 2018 | SAE 3100 (Revised) |
2016
Auditing
| Issued | Standard/Amending standard | Effective date1 | Access the document |
|---|---|---|---|
| Nov 2016 | ISA (NZ) 250 (Revised) Consideration of Laws and Regulations in an Audit of Financial Statements | Dec 2017 | ISA (NZ) 250 (Revised) |
| Sep 2016 | ISA (NZ) 810 (Revised) Engagements to Report on Summary Financial Statements | Dec 2016 | ISA (NZ) 810 (Revised) |
| Sep 2016 | ISA (NZ) 805 (Revised) Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement | Dec 2016 | ISA (NZ) 805 (Revised) |
| Sep 2016 | ISA (NZ) 800 (Revised) Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks | Dec 2016 | ISA (NZ) 800 (Revised) |
Professional & Ethical
| Issued | Standard/Amending standard | Effective date1 | Access the document |
|---|---|---|---|
| Aug 2016 | Amendments to PES 1 (Revised) Non-compliance with Laws and Regulations | Jul 2017 | PES 1 (Revised) |
Annual Improvements
AuditingReviewProfessional & Ethical
| Issued | Standard/Amending standard | Effective date1 | Access the document |
|---|---|---|---|
| Nov 2016 | Annual Improvements (includes changes to ISAs (NZ), NZ SRE and PESs | Dec 2016 | Annual Improvements |
