ISA (NZ) 510

Initial Audit Engagements – Opening Balances

This Standard deals with the auditor’s responsibilities relating to opening balances in an initial audit engagement.


Effective for audits of financial statements for periods as indicated. Also applies to subsequent annual reporting periods until that standard is superseded by a new/amended/revised standard. 

  • ISA (NZ) 510 – Periods ending on or after
    15 Dec 2016

    Date of issue: Jul 2011

    Date compiled: 31 Oct 2015

  • ISA (NZ) 510 – Periods beginning on or after
    1 Apr 2014

    Date of issue: Jul 2011

    Date compiled: 28 Feb 2014

  • Conforming Amendments (from the auditor reporting project) – Periods ending on or after
    15 Dec 2016

    Date of issue: Oct 2015

  • ISA (NZ) 510 – Periods beginning on or after
    1 Jul 2014

    Date of issue: Jul 2011

    Date compiled to: 31 Dec 2013


    Additional material: Mark up of compiled ISA (NZ) 510
  • ISA (NZ) 510 – Periods ending on or after
    15 Dec 2013

    Date of issue: Jul 2011

    Date compiled to: 30 Apr 2013


    Additional material: Mark up of compiled ISA (NZ) 510
  • ISA (NZ) 510 – Periods beginning on or after
    1 Sep 2011

    Date of issue: Jul 2011

    Date compiled to: 1 Jul 2011


    Additional material: Comparison to ISA 510