Botica Redmayne NLaswad FEhalaiye D4/07/20211/09/2019PUBLIC MONEY & MANAGEMENT, 2021, 41 (5), pp. 368 - 3750954-0962https://hdl.handle.net/10179/16897This paper examines the impact of changes in reporting frameworks on New Zealand public sector audit costs in terms of both audit fees and effort. Audit costs increased with the adoption of both International Financial Reporting Standards (IFRS) and International Public Sector Accounting Standards (IPSAS) reporting frameworks. The costs of auditing across various financial reporting frameworks in the public sector is shown to be significantly influenced by auditors’ specialization.368 - 375Audit feesaudit hoursIPSASNew Zealandpublic sectorJournal article10.1080/09540962.2019.16794824214091467-9302Massey_Dark1501 Accounting, Auditing and Accountability1503 Business and Management1605 Policy and Administration