Audits and Finance
About the New Financial (XRB) Reporting Standards
Charities Services have updated their information about the new reporting standards. Other posts: Helpful Videos Where are the new reporting format templates?
Governance
Governance Training from Governance NZ
“Governance New Zealand Inc., (formerly Chartered Secretaries New Zealand Inc.), is New Zealand’s leading independent professional body with a sole focus on the practice of governance and is dedicated to providing leadership in the areas of governance, compliance and risk management. Members enjoy global recognition and are supported through ongoing Read more…
Administration
Social Impact Bonds.
The NZ Initiative (A think-tank formed from the 2012 merger of the New Zealand Business Roundtable and the New Zealand Institute ) has published (2015) a report paper on the subject. The report “introduces the concept of SIBs, outlining its general strengths and challenges. The report then looks at how SIBs have been implemented overseas, and Read more…
Administration
What is the difference between an audit and a review of our financial report?
The following information is taken from the Charities Services website: New statutory audit and review requirements Recent changes to the Charities Act 2005 create statutory audit and review requirements for medium and large Registered Charities from 1 April 2015. Who will be affected? If a charity’s total operating expenditure Read more…
Administration
Scary Time for Charities?
The New Zealand Association Resource Centre Trust has recently posted a blog article with the above heading. It looks at some of the implications of the new reporting standards with which charities will need to comply. One of these of particular import to small charities is in recording revenue. Read Read more…
Administration
I’ve registered my charity. What do I have to do now?
Q: I’ve registered my charity. What do I have to do now? A: We put this question to our consultant who has agreed to let us publish (with slight edits) the advice he passes to his clients once they are registered. Please note that this advice is for guidance only and Read more…
Funding
Fundraising Tips – Writing Grant Applications
There is an inordinate amount of advice on Google for those wishing to raise funds, write grant applications etc. However it is a crowded field and to be successful you will need to write an application that sticks out from the crowd and meets the requirements of the funder. Here Read more…
Governance
Seminar Announced – A new Act for Incorporated Societies
THIS SEMINAR HAS BEEN COMPLETED RSM Hayes Audit have announced a seminar on forthcoming changes for Incorporated Societies. The seminars are being held on 31 March 2015 in Auckland and 1 April in Wellington and are principally aimed at National Organisations although a review of the announcement indicates that the seminar Read more…
Governance
Stepping Through Transitions – Book
Readers may be interested in a book which looks at the management and governance of non-profits from a New Zealand perspective. The authors’ website – http://www.cgotransitions.co.nz/ – states: “Until now, there hasn’t been much New Zealand-specific literature available about the management, governance and leadership of not-for-profits. Stepping Through Transitions uses non-technical language Read more…
Administration
Business Success in Challenging Times
“Advertorial”: This article by Andee Gale is reprinted from .DigitalOffice, a non-profit company “delivering digital projects and initiatives in NZ.” It can be a constant juggle running a business, and right now is a very challenging time. Online technology is changing how businesses engage with customers, compete in the marketplace Read more…
Administration
Demystifying Donee Status
RSM Hayes Audit have just published a useful article on ‘Donee Status’: Demystifying Donee Status: Donee status. Most people will have heard of this concept in relation to charities. But scratch the surface a bit deeper and one commonly finds a lack of any further knowledge, and some common misunderstandings. Read more…