Auditor regulation and oversight helps to ensure the businesses we regulate (known as FMC reporting entities) have access to competent auditors, and these audits (known as FMC audits) are of a high standard. To achieve this, we:
Our quality reviews help improve audit quality standards and ensure audit opinions are reliable. These reviews also help us to achieve our strategic goal of ensuring that investors have access to resources that help them make betterinformed financial decisions.
14 September 2017
The Swiss Government has announced its recognition of the New Zealand audit oversight regime as equivalent to the Swiss standards, permitting NZ-regulated auditors to operate in Switzerland.
With this announcement, the Swiss Government has concluded that the New Zealand systems of public oversight, quality assurance, investigation and penalties for auditors and audit firms are equivalent of those in Switzerland. Recognition by Swiss Government follows the recognition of our audit oversight regime by the European Commission and FMA’s acceptance into the International Forum of Independent Audit Regulators (IFIAR).
It comes into effect from 1 October 2017.
The Independent Forum of Independent Audit Regulators (IFIAR) has issued the results of their annual inspections findings on the 6 largest global audit networks (Deloitte, KPMG, PWC, EY, BDO and Grant Thornton) earlier this month.
1 March 2019
27 February 2019
25 February 2019
17 December 2018
1 November 2018
29 October 2018
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