PwC auditors before tribunal for Fonterra audits

PwC auditors before tribunal for Fonterra audits
(Image: PwC)
Riley Kennedy
Two senior auditors have been hauled before the Chartered Accountants disciplinary tribunal for alleged failures during years of PwC audits for dairy giant Fonterra.However, suppression orders prevent much of the details of the case being reported.A hearing on the matter was heard in Auckland on Thursday before a three-person tribunal chaired by Matthew Casey, KC.The names of the auditors, specific charges and evidence has been suppressed on an interim basis until a decision is released, which Casey indicated wouldn’t be made on Thursday...

More Finance

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 11:00am
MTF to investigate bullying claims
Finance Exclusive

MTF to investigate bullying claims

Chief executive Chris Lamers said he takes the claims 'very seriously'.

Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024