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

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
Singapore becomes hot spot for M&A bankers hunting Asia deals
Finance

Singapore becomes hot spot for M&A bankers hunting Asia deals

The island is a magnet for parties interested in mergers and acquisitions.

Bloomberg 28 Jun 2024
Medicine working but business confidence continues to fall
Finance

Medicine working but business confidence continues to fall

Confidence in retail and construction rose, while other sectors were more downbeat.

Tom Raynel 27 Jun 2024
Shareholders association opposes Geneva Finance delisting
Finance

Shareholders association opposes Geneva Finance delisting

Company says it will exceed USX governance rules.

Jem Traylen 26 Jun 2024