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 Standard on Assurance Engagements SAE 3150 Assurance Engagements on Controls.

SAE 3150 is:

• effective for assurance engagements beginning on or after 1 January 2016; and
• 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

www.xrb.govt.nz

Dated this 23rd day of July 2015.

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