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.
Restructured code of ethics clarifies SMSF audit independence issues
Public practitioners with SMSF clients will need to review engagements where the firm conducts the accounting and audit. Here are some of the new requirements coming out of changes to the restructured codearticle
Audit guide sets context for inquiry
Auditors are under the microscope, but is a wholesale overhaul of the profession necessary?article
Financial report audit resources
Resources, guidance and research on financial report audit practices
Licensing requirements and regulations for auditors
Advanced Audit and Assurance
This subject examines audit and assurance processes, methodologies and procedures
Audit and assurance
Tools, templates and resources for audit, review and assurance engagements