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You are here: Home Archive 2009 October 01 IATA members fire up over audit requirement

IATA members fire up over audit requirement

by samc last modified Oct 01, 2009 12:36 PM

The International Air Transport Association (IATA) has come under fire from Australian forwarders for incorrectly telling them they needed audited financial statements to avoid penalties or having their membership reviewed.

  
IATA members fire up over audit requirement

Heavy load: IATA members pay the cost of unnecessary auditing

In a letter to its members in July, IATA threatened a $600 penalty for those failing to meet a stringent list of requirements by yesterday’s deadline.

Members were told that they needed to provide an “audited set of accounts” as part...

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