PES 1 (Revised)

Code of Ethics for Assurance Practitioners

The Code is based on a number of fundamental principles that express the basic tenets of professional and ethical behaviour and conduct. Assurance practitioners must abide by these fundamental principles when performing assurance engagements.

  • Amending Standard PES 1 (Role and Mindset changes) – Effective on
    31 Dec 2021 (early adoption permitted)

    Date of issue: Mar 2021

  • Amending Standard Part 4B – Effective on
    15 Jun 2021 (early adoption permitted)

    Date of issue: Feb 2020

  • PES 1 – Effective on 15 Jun 2019 (early adoption permitted)

    Date of issue: Dec 2018


    Additional material: Explanation for decisions made
  • PES 1 (Revised) – Periods beginning on or after 15 Dec 2018 (early adoption permitted)

    Date of issue: Jan 2013

    Date compiled: 1 Dec 2018

  • Long Association and Public Interest Entity Amendments – Periods beginning on or after
    15 Dec 2018 (early adoption permitted)

    Date of issue: Feb 2018


    Additional material: Explanation for decisions made
  • Amendments to PES 1 (Revised) – Effective on
    15 Jul 2017 Non-compliance with Laws and Regulations (NOCLAR)

    Date of issue: Aug 2016


    Additional material: Explanations for Amendments
  • Conforming Amendments (from the auditor reporting project) – Periods ending on or after
    15 Dec 2016

    Date of issue: Oct 2015

  • Annual Improvements 2016 – Effective on
    15 Dec 2016

    Date of issue: Nov 2016

  • PES 1 (Revised) – Effective as of
    15 Apr 2016

    Date of issue: Jan 2013

    Date compiled: 30 Jun 2015

  • PES 1 (Revised) – Effective on
    15 Apr 2016

    Date of issue: Jun 2015

  • PES 1 (Revised) – Periods beginning on or after
    1 Jan 2016

    Date of issue: Jan 2013

    Date compiled: 31 Dec 2015

  • Amendments to PES 1 (Revised) – Effective on
    1 Jan 2016

    Date of issue: Dec 2015

    Date compiled to: 31 Dec 2015

  • PES 1 (Revised) – This version is effective for reporting periods beginning on or after
    1 Apr 2014

    Date of issue: Jan 2013

    Date compiled to: 28 Feb 2014

  • PES 1 (Revised) – Effective on
    1 Jan 2014

    Date of issue: Jan 2013

    Date compiled to: 31 Mar 2013


    Additional material: Amendments to PES 1
  • PES 1 (Revised) – Effective on
    1 Jan 2014

    Date of issue: Jan 2013

    Date compiled to: 31 Dec 2013


    Additional material: Mark up of compiled PES 1
  • Explanation of Decisions made by the NZAuASB in Finalizing PES 1

    Date of issue: Jan 2013