We develop and issue reporting standards on accounting, audit and assurance, and climate, for entities across the private, public, and not-for-profit sectors.
This page sets out the primary under which we operate and the secondary legislation that we issue.
The XRB was initially established under the Financial Reporting Act 1993, with continued existence provided for under section 11 of the Financial Reporting Act 2013. This act sets out the functions, powers and governance arrangements of the XRB.
The Legislation Act 2019 sets out the publication requirements of the secondary legislation that we issue. As a Crown Entity, the XRB is subject to the Public Finance Act 1989 and the Crown Entities Act 2004.
In-force secondary legislation is made by the XRB, or by the subsidiary technical boards on behalf of the XRB: the NZ Accounting Standards Board (NZASB), the NZ Auditing and Assurance Standards Board (NZAuASB) or the Sustainability Reporting Board (SRB). More information on how we set our standards is here.
Under the Financial Reporting Act 2013, the following items we issue are secondary legislation:
These are available in HTML (unofficial version) on the standards navigator and in PDF on our website and on the standards navigator.
Our website presents secondary legislation by the type of standard (and by tier for accounting standards), within each type is a list of individual standards, along with, where relevant, interpretations (authoritative notices), amendments and revocations. Non-authoritative guidance, that is not secondary legislation, may also be shown on the page of a standard to assist with implementation of that standard.
Based on requirements introduced under the Regulatory Standards Act 2025, the Chief Executive publishes a Consistency Accountability Statement (CAS) when a standard, amendment, or authoritative notice (secondary legislation) is issued.
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