Auditor shortage leads to law change

Auditor shortage leads to law change
Ian Llewellyn
A shortage of auditors and closed borders preventing the gaps being filled is behind a new law extending the statutory reporting deadlines for government agencies.The auditor general said the Annual Reporting and Audit Time Frames Extensions Legislation Bill was necessary.“There is a shortage of auditors across New Zealand and Australia. Normally, the audit profession relies on bringing in auditors from overseas to manage the workload at this time of the year. With border restrictions in place, there is a limited supply of auditors in bot...