PES 1

International Code of Ethics for Assurance Practitioners (including International Independence Standards) (New Zealand)

The Code is based on a number of fundamental principles that express the basic tenets of professional and ethical behaviour and conduct.

Assurance practitioners must abide by these fundamental principles when performing assurance engagements.


Applicable for periods as indicated. Also applies to subsequent periods until that standard is superseded by a new/amended/revised standard. Versions prior to the Previous version below will have been archived. 

  • PES 1 – Periods beginning on or after 15 Dec 2023

    Date of issue: Dec 2018

    Date compiled to: Jun 2023

Amendments

  • Amendment to PES 1 contained within Narrow scope amendments to ISAs (NZ) due to Public Interest Entity Revisions – Periods beginning on or after 15 Dec 2024

    Date of issue: Nov 2023

  • Amendments to PES 1 Technology-related Revisions – Periods beginning on or after 15 Dec 2024

    Date of issue: Jun 2023

  • PES 1 – Revisions to the Definition of Public Interest Entity – Periods beginning on or after 15 Dec 2024 (early adoption permitted)

    Date of issue: Nov 2022

Previous versions

  • PES 1 – Periods beginning on or after
    1 Jan 2023

    Date of issue: Dec 2018

    Date compiled: May 2023

Related pages

Definition of Engagement Team and Group Audits

  • Please see the IESBA Q&A on recently issued amendments relating to the definition of engagement team and group audits.

Non-assurance services

Technology-related revisions