Accountancy competition shake-up looms under Foss reforms

Wed, 26 Jun 2013

June 26 (BusinessDesk) – New Zealand accountants and auditors will be able to offer services more widely, incorporate as companies, and amalgamate with their Australian colleagues under a single professional body under a review of the profession. Commerce Minister Craig Foss announced three changes, saying they “encourage efficiency, competition and give the New Zealand accounting market a more international outlook.” Under the Accounting Infrastructure Reform Bill, to be introduced to Parliament later this year, the New Zealand Institute of...

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