Companies find temporary relief due to auditor shortages
Content Summary
July 2021
This article was current at the time of publication.
A national auditor shortage has led the Financial Markets Authority (FMA) to issue temporary relief via a ‘no action’ approach.
This gives eligible entities a one-month extension to file audited financial statements and comply with certain related reporting deadlines. More information can be found here.
Discover more
FMA shifts audit quality focus as new control standard kicks in
The NZ regulator says there’s room for further improvement in audit firms’ procedures
- Audit
article·Published onASIC audit firm inspections: timely heads-up for smaller firms
When it comes to improving audit quality, there are good reasons to act now rather than later
- Audit
article·Published onAuditing Standard ASQM 1: Far more than a checklist
It has a caveat, but audit firms can gain valuable benefits from a new quality standard
- Audit
article·Published onRestructured code of ethics clarifies SMSF audit independence issues
Here are some of the new requirements coming out of changes to the restructured code
- Audit
article·Published onAudit guide sets context for inquiry
Auditors are under the microscope, but is a wholesale overhaul of the profession necessary?
- Audit
article·Published onAdvanced Audit and Assurance
This subject examines audit and assurance processes, methodologies and procedures
- Audit