Accounting Standards Board

Role and Responsibilities

The New Zealand Accounting Standards Board (NZASB) has delegated authority from the XRB Board to develop and issue New Zealand's accounting standards. The NZASB is a committee of the XRB Board established under Schedule 5 of the Crown Entities Act.

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Meet our Accounting Standards Board Members

The Accounting Standards Board has up to 10 members with a focus on diversity of experience and perspective. Members of the Accounting Standards Board are appointed by the XRB and are all part time. They are remunerated in accordance with rates determined by the Remuneration Authority.

Carolyn Cordery – Chair

PhD, FCA, FCPA Australia

Carolyn is an Adjunct Professor at the School of Accounting and Commercial Law at Victoria University of Wellington. Carolyn has undertaken commissioned research projects in not-for-profit reporting and public sector audit, published internationally, and is an editor and on the editorial board of several academic journals. As well as being a member of the Australian Accounting Standards Board, Carolyn is an Executive member of the International Society of Third Sector Research. She is a Fellow of Chartered Accountants Australia and New Zealand and a Fellow of CPA Australia.

Accounting Standards Board Members


Michael is a Professor Emeritus of Accounting at Massey University. His research interests are in the area of corporate financial reporting, financial analysis and governance. He served on the Financial Reporting Standards Board of the Institute of Chartered Accountants of New Zealand , the International Joint Working Group of Standard Setters, Financial Instruments, IFRIC and the International Financial Reporting Standards Advisory Council. He is currently a member of the Property Institute of New Zealand's Standards Board. 

Lara is a partner with EY, leading New Zealand’s IFRS Professional Practice team.  She has over 20 years’ experience supporting clients and EY partners and staff in the application of accounting standards to complex transactions.  Lara supports a mix of clients, ranging from listed corporates to public sector entities, across a range of industries.  Lara previously worked at the International Accounting Standards Board and more recently has represented EY on the Technical Reference Group of the NZASB. 


Francis is the Group Financial Controller at Auckland Council and has been on the NZASB since July 2016. Francis has over 30 years’ private and public sector financial reporting experience, internationally as a Partner with Deloitte’s Southern African practice and recently with Audit New Zealand specialising in Local Government and Crown Entity sectors.


Richard is an experienced executive and director with over 25 year’s experience in senior roles. He has previously held senior finance and executive roles at the Reserve Bank of New Zealand, Landcorp Farming Ltd and Callaghan Innovation and has been a Technical Advisor to the International Monetary Fund.

Keith Kendall is the Chair of the Australian Accounting Standards Board (AASB).

Prior to his appointment, Keith was a Partner at Rigby Cooke Lawyers, a Victorian barrister, and a Senior Lecturer at La Trobe University. Keith's experience across law, academia, accounting, and government (as a member of the Administrative Appeals Tribunal), allows him to bring a well-rounded perspective to projects. Keith is also a Fellow of CPA Australia, a member of CAANZ and serves on the Financial Reporting Council (Australia).


Richard is the Chief Financial Officer and Company Secretary for Steel & Tube Holdings Limited  and is responsible for finance, taxation, treasury functions and sustainability (including Climate-related Disclosures) as well as oversight of the legal and property teams. 

Richard was a member of the Financial Reporting Standards Board of the then New Zealand Institute of Chartered Accountants between 2006 and 2009 and a member of the External Reporting Advisory Panel (XRAP) until appointed to the NZASB in September 2017.


Jason is an audit and technical partner at RSM. His professional role involves the provision of audit and financial reporting advisory services to small and medium sized entities (SMEs), the not-for-profit and public sector clients across a diverse range of industries. Jason is a licensed auditor, and a member of Chartered Accountants Australia New Zealand.

Warwick White is a Principal Advisor and Deputy Head of the Government Finance Profession at The New Zealand Treasury. This role supports lifting strategic financial management capability across government agencies. Warwick has worked in public finance and reporting in various guises for over 25 years, including the New Zealand Government’s adoption of NZ IFRS, UNICEF’s adoption of IPSAS, and changes to the Public Finance, State Sector and Crown Entities Acts in 2013.  Warwick is a member of Chartered Accountants Australia New Zealand.

Develop and issue accounting standards to support the existing financial reporting strategy, including the multi-standards, multi-tier accounting standards framework.

Influence the work of the international standard-setting boards, especially for projects of importance to New Zealand. 

Ensuring standards are developed in a collaborative manner.

Undertaking research into the financial and non-financial information needs of users of general purpose financial reports (GPFR).


The Technical Reference Group (TRG) was established in 2014 to provide a forum for the New Zealand Accounting Standards Board (NZASB) to consult on technical accounting issues. 

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Summary Work Plan

This is a summary of the significant standard-setting projects that the NZASB is expected to consider over its next four meetings. It includes milestones for each current domestic and international standard-setting project.

These projects are significantly influenced by the work programmes of the IASB and the IPSASB.  

NZASB Work Plan June 2023

Board Vacancies

There are currently no vacancies on the NZASB Board.