Latest News

Previous News

Issue	Topics
February	Kia ora from Wendy Venter, Navigate the Greenhouse Gas (GHG) assurance report, IPSASB climate exposure draft, New international standard for Audits of Financial Statements of Less Complex Entities (ISA for LCE) - consultation panel event, Assurance over sustainability information.

Issue	Topics
December	Farewell from April Mackenzie, Release of He Tauira, About differential reporting for climate-related disclosures, Transition planning guidance issued, IPSASB climate exposure draft, Assurance over sustainability information
November	Adoption of a standard for audits of Less Complex Entities, Updated 2024 amendments to Climate and Assurance standards, Proposed Improvements to the equity method of accounting
October	Climate and Assurance Consultation update, Outreach to Incorporated societies, IASB Vice Chair visit to New Zealand
September	Audits of less complex entities, 2024 Stakeholder Survey results, Climate-related matters in Financial Statements
July	Getting to grips with GHG assurance, Understanding climate statements, Climate standards evaluation, Tier 2 For-profit Update
June	Proposed revisions to the Code, XRB position on digital reporting, Renewable Electricity Contracts
May	Enhancing acquisitions disclosures, Reviews of Service Performance Information, Sustainability Reporting Board Established
Special Edition	Sustainability Reporting Board Established
April	New Director Accounting Standards, Boost for Public Interest Entity audits, New requirements to improve investor communication
March	New Tier thresholds reduce reporting load, Auditors fraud watchdogs, Sustainability reporting across the ditch
February	Tom Seidenstein visit to New Zealand, Spotlight on Sustainability Assurance, Update on PBE threshold review

Issue	Topics
December	End of year message from the Chair
November	Perspectives on Connectivity and Coherence, Greenhouse Gas Assurance Guidance released, New Climate Standards Alert
October	International experts in New Zealand this November Mark Babington and Andreas Barckow, Latest climate guidance released
September	Trust and confidence - feeling or fact? Recognizing revenue, Guiding good disclosures, Audits and Less Complex Entities - Status quo or no?
August	IASB visit to New Zealand, Update guidance on sector level scenario-analysis, GHG assurance standard released, Audit of Service Performance Information
July	Simpler reporting for not for profits, Code of ethics gets tech savvy, International sustainability standards released
June	Lease accounting for charities, Going Concern, Climate Reporting - evaluating effectiveness
May	Climate Reporting Guidance, Explaining Audit Terms, Going Concern
April	Mixed views on GHG Assurance, XRB invited to be part of UK Taskforce, Project update - Ngā pou o te kawa ora, Disclosure dilemmas – getting the mix right
Special Edition	XRB wins prestigious award
March	Spotlight on going concern, Audit of Service Performance Information - Consultation, Report on Enhancing Audit Quality, Sharing a New Zealand view on sustainability reporting
February	Assurance of GHG emissions, Interim Stakeholder Survey, Financial information for capital raising, Climate Standards - updated guidance coming soon

Issue	Topics
December	Pioneering a new world for reporting.
November	Research on Key Audit Matters released, Update: Not-for-Profit and Public Sector Reporting, Project update - Ngā pou o te kawa ora.
October	Considering climate impacts in financial statements, survey on GHG assurance, Research on Intangible Assets - Grant up for grabs.
September	Project Ngā pou o te kawa ora commences, Resource page for Incorporated societies, GHG Assurance update.
August	XRB Stakeholder Engagement Research, Refreshed Service Performance Reporting guidance, GHG Assurance update, Climate reporting consultation launched.
July	Major climate milestone ahead, disclosure of fees paid to audit firms, auditor independence strengthened.
June	Defining Public Interest Entity in New Zealand, scenario analysis sector guidance, global influence - NZ view helps shape IASB work plan.
May	Launch of the Tiers 3 & 4 Not-for-Profit and Public Sector consultation, decision on non-assurance services, and Climate-related Disclosure consultation closed.
April	Getting started on measuring GHG emissions, assurance of GHG emission disclosures, and our work on improving financial statement disclosures.
March	Launch of second Climate consultation, strengthening independence standards, and changes to PBE Lease Accounting requirements.
February	On the Horizon, Submission to the IAASB regarding a standalone LCE standard, XRB welcomes new Climate report.

Issue	Topics
December	Message from the Chair
December	Positive feedback following climate consultation, Mixed views on Less Complex Entities auditing standard, Improving Not for Profit reporting requirements
November	Climate consultation in full swing, New Quality Management Standards, Feedback sought on IFRS 9 application issues, Changes to statutory reporting and audit size thresholds
October	First Milestone for Climate-related Disclosures, Influencing International Standard Setting, Perspectives on Auditors Performing Additional Services
September	Emerging Questions for Climate Disclosures, Less Complex Audits for Less Complex Entities, Improving Tier 3 & 4 Public Benefit Entity Standards
August	Governance & Risk First up for Climate Standards, Auditor Independence, Issues with Accounting for SaaS
July	10-year Anniversary Launch Edition

Last Updated: 30 April 2025