FMC audits (formerly known as issuer audits)

If you are responsible for conducting Financial Markets Conduct Act 2013 (FMC) audits in New Zealand, you must hold a licence under the Auditor Regulation Act 2011 (New Zealand) (ARA). CPA Australia is an accredited body also authorised to licence individuals under the ARA to conduct FMC audits. 

Find further information on FMC audits, eligibility criteria and the CPA Australia application process.

Conducting statutory audits in New Zealand

Many statutory audits in New Zealand must be conducted by a qualified auditor as described in section 35 of the Financial Reporting Act 2013 (the Act). As an accredited body, from 1 July 2015 CPA Australia is authorised to recognise qualified auditors under the Act. 

Recognised qualified auditors are required to comply with all mandatory ethical standards, professional standards, professional competence requirements and pronouncements.

Apply for recognition

Individual auditor

To apply for recognition as a qualified auditor you must:

Audit firm

To apply for recognition as a qualified auditor (firm) your company must:

  • be incorporated in New Zealand and must have at least one director who is recognised as a CPA qualified auditor.
  • complete the application form.

Note: partnerships do not need to be recognised.

Guide to recognition

Guide to recognition as a qualified auditor (PDF)

Provides information on the criteria you must satisfy in order to be recognised as a qualified auditor by CPA Australia. It also provides information on your ongoing commitments once you have been recognised as a qualified auditor by CPA Australia.