IESBA ED - Non-Assurance Services

  • Professional & Ethical

Proposed revisions to the non-assurance services provisions of the Code

The International Ethics Standards Board for Accountants (IESBA) has published for public comment an Exposure Draft Proposed Revisions to the Non-Assurance Services Provisions of the Code.

Among the key changes proposed to the non-assurance (NAS) provisions are:

  • A prohibition on providing NAS to an audit client that is a public interest entity if a self-review threat to independence will be created;
  • Further tightening of the circumstances in which materiality may be considered in determining the permissibility of a NAS;
  • Strengthened provisions regarding auditor communications with those charged with governance, including, for public interest entities, a requirement for NAS pre-approval by those charged with governance; and
  • Stricter requirements regarding the provision of some NAS, including certain tax and corporate finance advice.

The NAS exposure draft also includes enhanced guidance to assist firms in evaluating the level of threats to independence when providing NAS to audit clients.

If we have not identified any compelling reasons for modifications to the IESBA’s draft of planned revisions to the International Code, and the IESBA finalises the exposure drafts as they are, we will issue an equivalent amendment to Professional and Ethical Standard 1 with minimal changes only to reflect references, language and grammatical conventions used in New Zealand.


Consultation Document

Link to IESBA website


Commenting on the Proposals

The NZAuASB encourages you to read the Exposure Draft and accompanying explanatory memorandum, and to comment on the proposals.

Send your comments – both formal and informal – by 3 April 2020 to the NZAuASB using the secure upload form below.

Alternatively, you can submit your comments directly to the IAASB by 4 May 2020.


Upload your submission here

Please use this secure online form.

It has been designed to make your upload safe, quick and easy. 

You can:

  • Upload an MS Word document (and a PDF file, if you wish); or
  • Write your comments below in the space provided.

You can upload up to TWO documents. 

Please note:

  • We would appreciate receiving a copy of your comments in electronic form (preferably Microsoft Word format).  This helps us to more efficiently collate and analyse comments. Please also specify the exposure draft number and title in your electronic file. 

  • Tell us on whose behalf you are making the comments (for example on behalf of a group or an entity).

  • We intend 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 1993 also applies.

  • If you have an objection to the release of any information contained in your comments, we would appreciate you identifying the parts of your comments to be withheld, and the grounds under the Official Information Act 1982 for doing so (for example, that it would be likely to unfairly prejudice the commercial position of the person providing the information).