FMA may issue an overseas auditor an auditor licence if you meet certain requirements. We will also consider whether you are able to meet your licence conditions.
Please complete the following steps:
The evidence you need to provide is summarised in the application guide. The application guide also has full details of the requirements as well as information about how the FMA assesses the evidence provided.
Please carefully check you provide the expected evidence from both the 'all countries' section of the guide and the section relevant to your home jurisdiction, and that the evidence meets the requirements set out in the application guide.
Incomplete forms or answers which do not take account of the guidance are likely to result in queries and delays in processing your application, as well as additional costs.
Overseas auditors wishing to be licensed in New Zealand are required to complete an approved course in New Zealand commercial law and taxation. This is to ensure that all licensed auditors have knowledge of the New Zealand commercial environment.
The following table sets out the degree level papers the FMA has approved in both commercial law and taxation that currently meet this requirement at 14 tertiary institutions:
|Tertiary Institutions||Commercial Law||Taxation|
|University of Auckland||COMLAW 203 Company Law||COMLAW 301 Taxation|
|Auckland University of Technology||
416614 - Law for New Zealand Business
367905 Advanced Taxation
|UNITEC New Zealand||ACTY 6320 Law of Business Entities||ACTY 6210 Taxation|
|Manukau Institute of Technology||323.606 Commercial Law 2||311.642 Taxation|
|University of Waikato||ACCT322 - Law of Business Enterprises||ACCT 351 Taxation|
|Waikato Institute of Technology||BBSD622 Corporate Law||BBSD603 Taxation|
|Eastern Institute of Technology||LAWS 6.01 Corporate Law||ACCY7.08 Advanced Taxation|
|Massey University *||
155.203 - Law of Business Organisations
|Victoria University of Wellington||COML 303 - Law of Organisations||
ACCY 305 Advanced Domestic Taxation
|The Open Polytechnic of New Zealand *||71 214 - Law of Business Organisations||71 306 Taxation|
|Nelson Marlborough Institute of Technology||LAW610 - Company Law||ACC 706 Advanced Taxation|
|University of Canterbury||
ACCT 256 Law of Business Organisations
|ACCT 358 Advanced Issues in Taxation|
|Lincoln University||LWST 201 - Commercial Law I||ACCT306 Taxation|
|University of Otago||BLAW211 Business Law Relating to Entities||ACTP 312 Taxation Practice|
* indicates institutions that offer courses by correspondence or distance learning.
Contact information for each tertiary institution is available here.
If you have completed another course in New Zealand commercial law and taxation which you believe meets the requirements for auditor licensing, we are happy to consider whether that course is equivalent to the approved courses. You will need to provide a detailed description of the topics covered and the learning outcomes for the course you have completed.
You must submit your forms electronically and in paper form.
Physical copies of all your application material should be addressed to:
Financial Markets Authority
Level 2, 1 Grey Street
Each application will need to be accompanied by the appropriate fee.
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