How audit firm audit company,internal audits job
Job applications at a leading auditing company have found it has found serious deficiencies in the way it has handled job applications for hundreds of employees.
The audit company Audit International, which handles job applications at companies ranging from banks to hospitals, said it was investigating after receiving “a number of complaints” from former staff and other workers.
“We have been aware of these issues since at least March 2016,” it said in a statement.
“Audit International has been conducting a number of internal audits in recent years, which have resulted in the development of the Audit International Audit Standards and Guidelines, which are currently being reviewed and reviewed by an independent body, and we will be providing a full update on those standards and guidelines as they are implemented.”
The problems are said to have emerged during an audit of a major job application firm, which was carried out by Audit International.
The problems come as the Federal Government continues to be criticised over its failure to tackle the backlog of thousands of applications.
The Federal Government last week announced it would launch a $1.8 billion job guarantee for businesses with more than 25 employees, while also increasing its funding for the state’s economy by $500 million.
“The Government’s job guarantee has been an enormous success,” Prime Minister Scott Morrison said.
“For the first time in 20 years, more Australians are getting a job than they are getting in unemployment, and more Australians have a job today than in 2016.”
More Australians are employed and more jobs are being created than at any time since the early 1970s.
“It’s time to invest in our economy and ensure Australians get the support they need to get back on their feet.”
Mr Morrison has previously promised to boost funding for businesses, and to do more to support the construction of a $10 billion infrastructure fund.
The Government announced in February that it would spend $1 billion over three years to create a $30 billion “jobs bank” to help businesses hire.