(Submitted Content) (Note: prices were as current at time of submission) With the recent introduction of accounting standards by the XRB many Not for Profits may be struggling to comply and the end of the financial year is fast approaching. As a proud sponsor of Mercy Ships NZ, Inspired Org Read more…
NZ Associations Resource Centre Trust (NZARC) is seeking more participants in its Remuneration Survey in its latest weekly newsletter the trust writes: The NZARC would like to thank those who have already taken part in the Remuneration Survey we conducted earlier in the year. In order to make the data Read more…
In a newsletter issued on 4 September, Charities Services say: “We’re putting the record straight” They go ion to say: “You may have seen a news story that was broadcast on Wednesday evening on TV3’s Story programme about charities and their registration status. While it’s great to see coverage about Read more…
The latest issue of: Non Profit Matters Enable – Empower – Educate … … has been published. “In this issue we place emphasis on operational aspects applicable to both Associations and Charitable Trusts. An item of particular interest might be the advice we got from Debbie Mayo-Smith, a constant source Read more…
RSM Hayes Audit have recently published an article looking at some of the accounting complexities that organisations running Opportunity Shops may experience under the new Financial Reporting Standards. How do you account for donated goods under the new standard? Using the difference between accounting for a donated new car (where the Read more…
Q: We are an Incorporated Society which is also a registered NZ Charity. To whom do we have to submit an Annual Return? You will have to report to your members as required by your rules. There is some confusion about filing Annual Returns and financial statements with the two Read more…
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…
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…
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…
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…
“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…
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…