This proposal is about the provision of a specific review standard for service performance information that works in conjunction with the review standard for financial information. The overarching goal being to ensure reviews of performance reports are integrated and cohesive.
Review of Service Performance Information
Background
Some charities have a statutory requirement to have either an audit or a review of their performance report undertaken. However currently there is no review standard that specifically addresses service performance information.
The proposal
NZ SRE 1 Review of Service Performance Information includes specific requirements to address how to review service performance information using consistent language and concepts with the financial reporting and auditing requirements for service performance information.
Consultation Document:
Review of Service Performance Information Consultation
Exposure Draft:
How to provide feedback
We will be holding a virtual focus group session to seek feedback on 13 June 2024. Register to attend here.
Comments can be sent to us below or via email to assurance@xrb.govt.nz.
We intend on publishing all comments on the XRB website, unless they may be defamatory. If you have any objection to this, we will not publish them. However, they will remain subject to the Official Information Act 1982 and, therefore, may be released in part or in full. The Privacy Act 2020 also applies.