The Accountancy Insurance Claims Department continues to be busy processing claims from client accounting firms across New Zealand. The three most common audit activity areas that have been noted were:

> GST Verifications
> Income Tax Returns
> Client Risk Reviews

The below pie chart shows the current distribution of claims activity in New Zealand*.

*Correct as at April 2023

Contact the team

For more insights on audit activity or to find out how your firm and your clients can benefit from Audit Shield, please contact the team at Accountancy Insurance.