NZAuASB Update 8/2019

  • Auditing
  • Review
  • Professional & Ethical
  • Other Assurance
This NZAuASB Update provides you with an overview of the New Zealand Auditing and Assurance Standards Board’s recent activities, any new standards or FAQs, as well as other matters of interest.


NZAuASB June Meeting

NZAuASB icon Applies to:

AuditingProfessional & EthicalOther Assurance

The NZAuASB met on 5 June and discussed a range of topics.

Highlights included:

  • Consideration of the NZAuASB’s draft submissions on:
    • the IAASB’s quality management exposure drafts
    • the IAASB’s consultation paper on EER
    • the IESBA’s exposure draft, revisions to Part 4B of the Code
  • Discussion on amendments to ED NZ SRE 2410 Review of the Financial Statements performed by the Independent Auditor of the Entity
  • Meeting with Rob Everett, Chief Executive, Financial Markets Authority

Read more

IESBA launches eCode

eCode featured on a selection of devices

The International Ethics Standards Board for Accountants (IESBA) launched its eCode – a web-based tool that delivers the International Code of Ethics for Professional Accountants (including International Independence Standards) on a digital platform.

In addition to “app-like” features and functionalities, this new platform better demonstrates the Code’s “building blocks” architecture and scalability.

Have a look 

Let’s talk technology...

IAASB Tech Talk cover

As part of the IAASB’s technology focus, the Technology Working Group has produced a publication, Let’s Talk Technology.

Have a look

This provides updates on efforts to appropriately address the technology-related issues in recently and soon-to-be issued standards and exposure drafts.

It also includes additional relevant news and information on technology in audit, and recent technology working group activities.

Have your say

 Have your say icon Applies to:

AuditingReviewProfessional & EthicalOther Assurance

Now is your chance to have your say on the following topics:

How can I submit my views?

Submit your views icon

We have recently upgraded the way you can provide feedback on consultation documents.

We have designed a secure online form to make your upload safe, quick and easy. The upload form will now appear with every consultation which open for comment.

We encourage you to use the new online submission process.

You can:

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

This NZAuASB Update is intended to provide subscribers with a summary of the recent activities of the New Zealand Auditing and Assurance Standards Board (NZAuASB). Links to websites are correct at the time of publication. Subscribers should not rely on this newsletter as a definitive publication of updates. The External Reporting Board and its sub-Board the NZAuASB do not guarantee, and accept no legal liability whatsoever arising from or connected to, the accuracy, reliability, currency, timeliness or completeness of this newsletter. The information contained in this newsletter does not constitute advice and should not be relied upon as such.