Audit of Service Performance Information Consultation

Consultation Document


This consultation is on the Audit of Service Performance Information. 

Read the Consultation Document and the Exposure Draft.

In February 2019, the XRB issued NZ AS 1 The Audit of Service Performance Information (NZ AS 1). We subsequently deferred the mandatory application date of NZ AS 1 to 1 January 2023 to explore how the standard could be applied in the public sector.  

We have worked with representatives from the Office of the Auditor-General and other practitioners to develop a standard that can easily be adopted and applied in both the public sector and in the not-for-profit sector.  

Our exposure draft proposing to revise NZ AS 1 is the result of that review.  

Proposed changes to the current standard NZ AS 1 include: 

  • Alignment with the financial reporting standards 
  • Sector-specific material 
  • Simplified language and use of examples 
  • No added compliance costs.


9-minute overview

9-minute overview

View our short video providing an overview of the consultation.

Disclaimer: This presentation is based on the exposure draft and not the final standard.

Consultations closed on 17 March 2023