Reporting and assurance of service performance information – Tier 1 and 2 not-for-profit entities
Reporting and assurance of service performance information We have issued this consultation paper to confirm our understanding of challenges that Tier 1 and 2 not-for-profit entities, and assurance practitioners and users are experiencing with the reporting and assurance of service performance information and to seek feedback on the potential actions the XRB could take to help address these challenges. Please read our consultation paper here. |
Why are we consulting?
We held workshops with Tier 1 and 2 not-for-profit reporting entities who report service performance information under PBE FRS 48 Service Performance Reporting, and assurance practitioners in 2024, which identified challenges being experienced in service performance reporting and assurance.
We are seeking feedback from:
- Tier 1 and 2 not-for-profit entities on the challenges in reporting service performance information and having it assured, and whether the potential amendments to PBE FRS 48, and supporting material, discussed in this paper would help address these challenges. This document is focused on not-for-profit entities; however public sector entities can also submit feedback.
- Assurance practitioners on the challenges you are experiencing in assuring service performance information and whether the potential changes to the reporting standards together with the supporting material would help with these challenges.
- Users of service performance information on how you use the information contained in entities annual reports and whether the proposals in this document would enhance your understanding.
Consultation eventsWe will be holding a series of virtual and in-person events to hear your thoughts on the reporting and assurance of service performance information. Please see our Events page for more details. |
||
Stakeholders |
In-person workshops |
Virtual workshops |
Health not-for-profit entities |
Auckland CBD in-person workshop - Tuesday 26 August 2025 9am - Midday - Register here |
Zoom workshop - Tuesday 19 August 2025 11am - 1pm- Register here |
Education not-for-profit entities |
Auckland CBD in-person workshop - Wednesday 27 August 2025 10am - 1pm - Register here |
Zoom workshop - Wednesday 13 August 2025 1pm - 3pm - Register here |
Social services not-for-profit entities |
Wellington CBD in-person workshop - Thursday 14 August 2025 10am - 1pm - Register here |
Zoom workshop - Monday 11 August 2025 11am - 1pm - Register here |
Funders and users of service performance information |
Wellington CBD in-person workshop - Friday 15 August 2025 10am - 1pm - Register here |
Zoom workshop - Monday 18 August 2025 11am - 1pm - Register here |
Assurance practitioners |
Auckland CBD in-person workshop - Tuesday 26 August 2025 2pm - 4:30pm - Register here |
We are also holding online drop-in sessions throughout the consultation period for you to directly provide feedback - Register for a session here.
Your feedback is important to us
We encourage you to share your comments with us, as these will help inform our future actions around PBE FRS 48 and supporting guidance for reporting entities and assurance practitioners.
You can send your comments directly to us via accounting@xrb.govt.nz, upload a document below, or complete the online feedback form.
Submissions close on Friday 29 August 2025.
All submissions will be published on the XRB website unless confidentiality is requested. If you object to the release of any information in your submission, please identify the specific parts and the reasons under the Official Information Act 1982. We reserve the right not to publish defamatory submissions. Submissions are subject to the Official Information Act 1982 and the Privacy Act 2020. The XRB will handle personal information in accordance with these Acts.
- Auditing and Assurance Standards open for consultation
-
Accounting Standards open for consultation
-
ED PBE IPSAS 47 Revenue
-
Closed for comment
-
Closed for comment - Archive
-
Amendments to For-profit Domestic Accounting Standards due to NZ IFRS 18
-
Reporting and assurance of service performance information – Tier 1 and 2 not-for-profit entities
-
2025 Amendments to XRB A1 Application of the Accounting Standards Framework
-
ED PBE IPSAS 48 Transfer Expenses
-
Proposed new revenue and transfer expense accounting requirements for PBEs
-
Exploration for and Evaluation of Mineral Resources & Stripping Costs in the Production Phase of a Surface Mine
-
- Climate Standards open for consultation