Consistency across port reporting would boost transparency, deputy Auditor-General says

Fri, 22 Jun 2018

By Rebecca Howard June 22 (BusinessDesk) - A variety of accounting treatments used by the country's port companies makes it hard to compare and greater alignment would increase transparency, says deputy Auditor-General Greg Schollum. The public sector watchdog identified two main issues in the 2016-17 audits of port companies including variations in their reported returns and the impact of earthquake damage, according to a letter sent to chief executives and chairs of the companies. The letter was published on the Office of the Audito...

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