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but those of you dont know me my name is Sylvia Van Dyke i am the director assurance standards at the eggs ill be presenting with me today is misha peaches senior project manager at the Exile be the objective of the session today is to give you an overview of the requirements of the standard that should be used when you do an insurance engagement other than an audit or a review of historical financial statements the standard is the international standard of assurance engagements New Zealand 3,000 referred to as is AE in zeit 3000 this standard has recently been revised and will supersede the current is AE in zeit 3000 which was issued in 2003 and is effective for engagements beginning on or after 1 january 2015 with ever considered Tony to refresher understanding all the requirements of the revised standard to begin with I will give you a quick overview of the assurance standards framework to provide some context about where is a e NZ three thousand fits with in the assurance standa