We have frequently been called upon to assist small charities who are struggling with the complexity of the XRB reporting format required to comply with the DIA Charities Annual Report. A Tier 4 charity is one which: has annual operating payments under $125,000 has no public accountability uses cash based Read more…
Thanks to Barry Baker of Grant Thornton who has provided information about a new guide entitled “Your Guide to creating a Plain English NFP Reserves Policy” Not for Profit organisations need reserves to fund organisational change and improvements, and to provide a buffer for potential events that will adversely affect Read more…
Chartered Accountants Australia and New Zealand (CA ANZ) advise that Entries are now being invited for the fifth annual New Zealand Charity Reporting Awards The New Zealand Charity Reporting Awards are presented annually by Chartered Accountants Australia and New Zealand (CA ANZ) to recognise excellence in charity reporting and to Read more…
Guest Post – By Barry Baker, Partner, GrantThornton NZ In my line of work, I have come to realise most people feel more comfortable and confident talking about illness and medical conditions than they do about finance and accounting matters. I also know that my chosen profession has a poor Read more…
NFP Resource was recently asked for advice about CRM Systems. We asked Megan Cunningham-Adams of Onion CRM , an expert in this area, to help us: Finding a good CRM system for your charity or NFP is more important than ever in these challenging business times, especially as our teams Read more…
Charities Services will be holding financial reporting clinics in Auckland on the 23rd and 24th of June. You are invited to come and talk to their accountants who will be available to answer questions you may have about: Performance Reports Financial Statements Audit requirements for your charity There are two Read more…
Update May 2021 Banks phasing out cheques: Final dates that cheques will be accepted: ANZ – 31 May Cooperative Bank – 1 June TSB – 25 June WESTPAC – 25 June RABOBANK – 25 June BNZ – 30 June ASB – 22 August Kiwibank has already stopped accepting Read more…
Updated 14 Feb 2021 Steven Moe of ParryField facilitated a discussion session on the topic of Fund Holding to gain perspectives and to then create a white paper on this topic explaining what the issues are, as well as the answers (we hope). The Situation: A group of people want to Read more…
Steven Moe of ParryField Lawyers advises that 300 people attended the CLAARC 2020 Charity Law Conference “Responding to COVID-19 – how might we #buildbackbetter?” on 4 November, and the full 7 hours of audio has been released – the index below allows easy navigation to topics of interest. Link to Read more…
One-on-one online clinics available Charities Services and Hāpai Hapori Community Operations advise that they are holding online one-on-one clinics for charities every Thursday. “Come and talk to our team to get the answers to your questions about being a registered charity. We have a range of appointments available, depending on Read more…
DIA Charities services advise: “Change to donee assessment from 2019/20 income year. Most registered charities have donee status, granted by Inland Revenue. This means when a person makes a donation (over $5) to a donee organisation, they can generally claim a tax credit for that donation. A change to the Read more…
DIA Charities have published a resource which is intended to help Tier 4 charities complete their performance report and submit their annual return. As a registered charity you are required to complete your performance report and submit your annual return no later than six months after the end of your Read more…