Auditing standards issued
The XRB issued revised auditing standards that enhance the auditor’s responsibilities for fraud and going concern in December 2025.
We have now also reissued all of the other ISAs (NZ) to include:
conforming and consequential changes resulting from the fraud and going concern revisions
changes to align with narrow scope amendments recently issued by the IAASB as a result of revisions to the definitions of listed entity and public interest entity. In New Zealand we continue to refer to FMC reporting entities considered to have a higher level of public accountability
other editorial amendments
enhancements for drafting of secondary legislation in New Zealand, for example: title of standards, revocation of prior versions of standards, and minimum legislative information.
Below each reissued auditing standard on our website, you can access standards in track changes, marked up for transparency. The explanation for decisions made, available here provides additional information about the reissue.
The reissued standards are applicable for periods beginning on or after 15 December 2026.
If you have any questions, please contact us at assurance@xrb.govt.nz.
Open Consultations
Consultation on the IAASB’s and IESBA’s joint survey on their 2028 – 2031 strategy and work plan – closes 13 March 2026.
