IATA members fire up over audit requirement
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.
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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