FMA has previously consulted on proposed requirements for accredited bodies under the Auditor Regulation Act 2011, and has incorporated feedback from that consultation into this consultation paper. A summary of the feedback can be downloaded below. This consultation paper represents the second, and final, round of consultation on these proposals which include:
(a) minimum standards for accreditation a person must meet in order to be granted accreditation by FMA; and
(b) conditions attaching to accreditation, including in respect of bodies deemed by the Act to be accredited bodies.
Please send your submission by using FMA's website 'Contact Us' form, selecting 'make a comment' and labelling the form clearly as 'Submission on the Auditor Regulation Act Consultation Paper #2'.
You can also send your written submission to the Compliance Monitoring team at FMA's Wellington offices
The final date for submissions on this paper is Friday, 24 February 2012.
FMA will consider all submissions received and make amendments if appropriate. Following this, FMA will prescribe the minimum standards, and finalise and publish its policy regarding accreditation of accredited bodies.
Submissions will be subject to the Official Information Act 1982. FMA may make submissions available on its website or draw attention to submissions in internal or external reports. If you would like FMA to withhold any commercially sensitive, confidential or proprietary information included in your submission, please state this in your submission. Any request to have information withheld will be considered in accordance with the Official Information Act.