ISA (NZ) 500 Audit Evidence

  • Auditing

Explains what constitutes audit evidence in an audit of financial statements, and deals with the auditor’s responsibility to design and perform audit procedures to obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the auditor’s opinion.


Effective for audits of financial statements for periods as indicated. Also applies to subsequent annual reporting periods until that standard is superseded by a new/amended/revised standard.

  • ISA (NZ) 500 – Periods ending on or after
    15 Dec 2017

    Date of issue: Jul 2011 Date compiled: 31 Oct 2016

Amendments

  • Conforming and Consequential Amendments arising from ISA (NZ) 540 (Revised) – Periods beginning on or after
    15 Dec 2019 (early adoption permitted)

    Date of issue: Nov 2018

New Version Not Yet Mandatory

  • ISA (NZ) 500 – Periods beginning on or after
    15 Dec 2019

    Date of issue: Nov 2018 Date compiled: 8 Nov 2018

Previous Versions

  • ISA (NZ) 500 – Periods ending on or after
    15 Dec 2016

    Date of issue: Jul 2011 Date compiled: 31 Oct 2015