Auditors need to come out of the shadows and explain the value they add: FMA

Mon, 20 May 2019

By Paul McBeth May 21 (BusinessDesk) - Financial Markets Authority chief executive Rob Everett wants the audit profession to explain how it adds value to investors, who are largely sceptical of their benefit. The market watchdog commissioned Buzz Channel to survey retail and institutional investors, directors and audit and risk committee members, executives and auditors to gauge how the audit profession is viewed. The findings showed a lack of faith and trust in the profession and questioned the quality of audits in New Zealand, with inv...

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