Defining ‘Public Interest Entity’ in New Zealand – What’s your view?

Defining ‘Public Interest Entity’ in New Zealand – What’s your view?

Stakeholders have heightened expectations of independence for firms performing audit engagements for a public interest entity (PIE). The definition of a PIE has recently been revised in the International Independence Standards.

The XRB intends to adopt these international revisions but proposes to retain the existing New Zealand definition of PIE. The existing definition is broadly consistent with the revised global approach and aligns with the new factors for determining the level of public interest in the financial condition of an entity.

This interactive event was an opportunity to share your view on this important topic.

Watch the recording here 

View the slides here

Get further information here