NZAuASB ED 2019-3

  • Auditing
  • Review
  • Professional & Ethical
  • Other Assurance

Conforming Amendments to Auditing and Assurance Standards

The New Zealand Auditing and Assurance Standards Board (NZAuASB) has published for public comment NZAuASB ED 2019-3 Conforming Amendments to Auditing and Assurance Standards: Implications of the Revised Professional and Ethical Standard 1 on the NZAuASB’s Standards.

The exposure draft (ED) proposes limited amendments to the NZAuASB’s auditing and assurance standards, including PES 3 (Amended), in response to the revised PES 1.  

You should consider the New Zealand exposure draft in conjunction with the International Auditing and Assurance Standards Board's (IAASB’s) ED: Proposed Conforming Amendments to the IAASB’s International Standards.

Have a look

The New Zealand ED does not mark-up the changes to the international standards, as made by the IAASB. These are explained in the IAASB’s explanatory memorandum.

Have a look  

We advise you to read the NZAuASB Invitation to Comment and Exposure Draft together with the IAASB explanatory memorandum and exposure draft to fully understand the impact of the changes.


Accessing the Consultation Document

Commenting on the Proposal

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

Send your comments – both formal and informal – by 24 January 2020 to the NZAuASB using the secure upload form below.  


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).