News & Articles
Category: News
News
Building value by building quality
In his 2009 book Start With Why, and accompanying record-breaking TED talk, Simon Sinek describes how unless we understand and can articulate why we do what
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The LCE Standard – the biggest change in auditing since 2009?
The new Less Complex Entities Auditing Standard has at last been approved for NZ. This represents the biggest change in the audit landscape since the
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Conference 2025 - Round up
Our first national conference was a great success. Below are some of the highlights.
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Less Complex Audits for Less Complex Entities?
We started to hear about a new audit standard for Less Complex Entities way back in 2019.
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New Audit Standard for Groups – ISA 600 (Revised)
For periods beginning on or after 15 Dec 2023 (effectively year ended 31 December 2024) there is a new standard for Group Audits. Early adoption is
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Proposed Standard for Service Performance in Review Engagements
In April 2024 the XRB issued a draft standard to be used where Service Performance Information (SPI) is included in a Review Engagement. This is a welcome
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Updates to NFP financial reporting thresholds
For accounting periods that end on or after 28 March 2024, the threshold levels for not-for-profit entities have changed. Let’s review New Zealand’s reporting
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Updates to audit engagement letters
If you are preparing engagement letters for assurance engagements, there are some changes of which you should be aware. These are contained in PS 3: Terms of