NZAuASB Update 3/2020

  • Auditing
This NZAuASB Update provides you with an overview of the New Zealand Auditing and Assurance Standards Board’s recent activities, any new standards or FAQs, as well as other matters of interest.

You're invited–Monday 2 March 5:30PM

We're delighted to offer you this unique opportunity to attend a presentation in Wellington by Tom Seidenstein, newly appointed Chair of the International Auditing and Assurance Standards Board (IAASB).

Here you'll hear first-hand about the IAASB’s current and future direction, plus receive a general update on the IAASB’s current projects, including the:

  • Quality Management Control standards;
  • Group Audit standard;
  • Less Complex Entities project; and 
  • Completed Agreed-Upon Procedures Standard and Standard ISA 315 (Revised 2019).

Event details

Date: Monday 2 March 2020
Time: 5:30 – 6:30PM
Oaks Wellington Hotel, 89 Courtenay Place, Te Aro, Wellington 6011 (next to the St. James Theatre)

Tea and coffee will be available from 5:00PM.

We look forward to seeing you there!

Register here

Note: You will need a user account on the XRB website to register for this event. If you want to sign-up for this event and haven’t signed into your user account (or don’t have one), you will be prompted to activate a user account. Any problems?Please email us.

Find out more


About Tom Seidenstein

Tom SeidensteinTom commenced his three-year appointment on July 1, 2019. His career has spanned both the private sector and international standard-setting.  Prior to joining the IAASB he held senior strategic leadership positions at the Federal National Mortgage Association, commonly known as Fannie Mae (Senior Vice President, Strategy, Innovation & Capital Management: 2012-19); and the IFRS Foundation (Chief Operating Officer: 2000-2011). 

Additionally, Tom has served at a consulting organisation for not-for-profits, CCS Fundraising (Executive Director: 1999-2000), and the Centre for Strategic and International Studies (Special Assistant to the Managing Director: 1995-1997). He has also served as a Trustee of the International Valuation Standards Council (IVSC) and on XBRL International’s Board of Advisors.

Tom is a strong believer in volunteer service, ans has held, or holds, volunteer leadership positions serving school education the USA and the Make-A-Wish Foundation (both UK and international boards).

He holds a Masters in Public Policy from the Kennedy School of Government at Harvard University and an undergraduate degree (cum laude) from the Woodrow Wilson School of Public and International Affairs at Princeton University.


This NZAuASB Update is intended to provide subscribers with a summary of the recent activities of the New Zealand Auditing and Assurance Standards Board (NZAuASB). Links to websites are correct at the time of publication. Subscribers should not rely on this newsletter as a definitive publication of updates. The External Reporting Board and its sub-Board the NZAuASB do not guarantee, and accept no legal liability whatsoever arising from or connected to, the accuracy, reliability, currency, timeliness or completeness of this newsletter. The information contained in this newsletter does not constitute advice and should not be relied upon as such.