Notice is hereby given, pursuant to section 24 of the Financial Reporting Act 2013, that the New Zealand Auditing and Assurance Standards Board of the External Reporting Board has issued Amendments to Professional and Ethical Standard 1 (Revised) Addressing Certain Non-Assurance Services Provisions for Audit and Assurance Clients.

Amendments to Professional and Ethical Standard 1 (Revised) Addressing Certain Non-Assurance Services Provisions for Audit and Assurance Clients:

• is effective on 15 April 2016, except for changes to section 290 which will be effective for audits or reviews of financial statements for periods beginning on or after 15 April 2016;
• is a disallowable instrument for the purposes of the Legislation Act 2012.

Copies of the standard may be inspected free of charge at the offices of the External Reporting Board (XRB), Level 7, 50 Manners Street, Wellington.

Copies are also available on the XRB’s website at

www.xrb.govt.nz

Dated this 25th day of June 2015.

NEIL CHERRY, Chair, New Zealand Auditing and Assurance Standards Board.