ISA (NZ) 315 (Revised 2019)

Identifying and Assessing the Risks of Material Misstatement

Deals with the auditor’s responsibility to identify and assess the risks of material misstatement in the financial statements.


Applicable 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 Also applies to subsequent annual reporting periods until that standard is superseded by a new/amended/revised standard. Versions prior to the Previous version below will have been archived.

  • ISA (NZ) 315 (Revised 2019) – Periods beginning on or after
    15 Dec 2022 (early adoption permitted)

    Date of issue: Apr 2022

    Date compiled: 15 May 2022

Previous version

  • ISA (NZ) 315 (Revised 2019) – Periods beginning on or after 15 Dec 2021 (early adoption permitted)

    Date of issue: Apr 2020