Standards and guidance
Financial reporting standards
New Zealand Financial Reporting Standards (FRSs) and Statements of Standard Accounting Practice (SSAPs).
New Zealand equivalents to International Financial Reporting Standards (NZ IFRSs) published since 2007.
Audit and other assurance standards
Auditing standards
Auditing standards establish requirements and provide explanatory guidance on the responsibilities of the auditor in audit engagements.
Audit guidance statements
Guidance statements provide guidance to assist the auditor to fulfil the objectives of an audit engagement. They include explanatory details and suggested procedures on specific matters for the purposes of understanding and complying with standards.
Standards on assurance engagements establish requirements and provide explanatory guidance for undertaking and reporting on other assurance engagements, including review engagements, but other than audits of historical financial information covered by the Auditing Standards.
Ethical and professional standards
The standards and guidance we develop play an important role in regulating the quality of our members’ professional work. These pronouncements are one way we strive to maintain our external credibility and brand.