Auditing Standards

The following Auditing Standards apply to all assurance practitioners adopting the XRB auditing & assurance standards. 

NOTE: The Explanatory Guides and Audit Guidance Statements provide supplementary information only and have no legal status. 

XRB Au1 

Application of Auditing and Assurance Standards

NZ AS 1 (Revised)

The Audit of Service Performance Information

ISA (NZ) 200

Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing (New Zealand) 

ISA (NZ) 210

Agreeing the Terms of Audit Engagements

ISA (NZ) 220 (Revised)

Quality Management for an Audit of Financial Statements

ISA (NZ) 230

Audit Documentation

ISA (NZ) 240

The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements

ISA (NZ) 250 (Revised)

Consideration of Laws and Regulations in an Audit of Financial Statements

ISA (NZ) 260 (Revised)

Communication with Those Charged with Governance

ISA (NZ) 265

Communicating Deficiencies in Internal Control to Those Charged with Governance and Management

ISA (NZ) 300

Planning an Audit of Financial Statements

ISA (NZ) 315 (Revised 2019)

Identifying and Assessing the Risks of Material Misstatement 

ISA (NZ) 320

Materiality in Planning and Performing an Audit

ISA (NZ) 330

The Auditor's Responses to Assessed Risks

ISA (NZ) 402

Audit Considerations Relating to an Entity Using a Service Organisation

ISA (NZ) 450

Evaluation of Misstatements Identified during the Audit

ISA (NZ) 500

Audit Evidence

ISA (NZ) 501

Audit Evidence – Specific Considerations for Selected Items

ISA (NZ) 505

External Confirmations

ISA (NZ) 510

Initial Audit Engagements – Opening Balances


ISA (NZ) 520

Analytical Procedures

ISA (NZ) 530

Audit Sampling

ISA (NZ) 540 (Revised)

Auditing Accounting Estimates and Related Disclosures

ISA (NZ) 550

Related Parties

ISA (NZ) 560

Subsequent Events

ISA (NZ) 570 (Revised)

Going Concern

ISA (NZ) 580

Written Representations

ISA (NZ) 600 (Revised)

Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors)

ISA (NZ) 610 (Revised 2013)

Using the Work of Internal Auditors

ISA (NZ) 620

Using the Work of an Auditor's Expert

ISA (NZ) 700 (Revised)

Forming an Opinion and Reporting on Financial Statements

ISA (NZ) 701

Communicating Key Audit Matters in the Independent Auditor's Report

ISA (NZ) 705 (Revised)

Modifications to the Opinion in the Independent Auditor's Report

ISA (NZ) 706 (Revised)

Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's Report

ISA (NZ) 710

Comparative Information – Corresponding Figures and Comparative Financial Statements

ISA (NZ) 720 (Revised)

The Auditor's Responsibility Relating to Other Information

ISA (NZ) 800 (Revised)

Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks

ISA (NZ) 805 (Revised)

Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement

ISA (NZ) 810 (Revised)

Engagements to Report on Summary Financial Statements


Explanatory Guide (EG Au1)

Overview of Auditing and Assurance Standards

Explanatory Guide (EG Au1A)

Framework for Assurance Engagements

Explanatory Guide (EG Au2)

Overview of Auditing and Assurance Standard Setting Process

Explanatory Guide (EG Au3)

Applying the Auditing Standards on Audits of Smaller Entities in Australia and New Zealand

Explanatory Guide (EG Au4)

Glossary of Terms

Explanatory Guide (EG Au8)

Audit Implications of the Use of Service Organisations for Investment Management Services

Explanatory Guide (EG Au9)

Guidance on the Audit or Review of the Performance Report of Tier 3 Not-For-Profit Public Benefit Entities

Explanatory Guide (EG Au9.1)

Supplementary illustrative examples – revised auditor reporting requirements

Explanatory Guide (EG Au10)

Evaluating the Appropriateness of a Management's Expert's Work

Explanatory Guide (EG Au11)

NZ context to EER assurance guidance


The following Audit Guidance Statements have been issued for explanatory purposes only and have no legal status.

Implementation resources and support

Please also refer to our Support and Resources page for implementation guides, FAQs, and other supplementary material for standards.