It is one of the FMA’s strategic priorities to ensure that frontline regulators like the NZICA and CPA Australia are effective in their role. The Auditor Regulation Act 2011 requires us to monitor and ensure the audit regulatory systems and processes used by accredited bodies are adequate and effective.
This report contains the findings of our monitoring assessment of the New Zealand Institute of Chartered Accountants (NZICA) for the period 1 July 2017 to 30 June 2018.
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