Incorporated Societies The Registrar of Incorporated Societies does not require that the financial statements of Incorporated Societies or Charitable Trusts are audited or reviewed. However, the organisation’s rules may require an auditor or reviewer to be appointed. Many societies and trusts find the cost of auditing (or even of reviewing 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…
The Charities Services 2019/2020 Annual Review includes the following statistics: 27,864 Registered NZ Charities 108,244 charity officers 200 groups 140,000 people work in the charity sector (5% of NZ workforce) 235,000 volunteers, 1.6 million hrs/year Sector has $65.03 billion in assets Sector expenditure $18.02 billion Sector income $19.6 billion Size 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…
Charity Fraud Awareness Week is 21-25 October Fraud is a threat to every organisation, charities included. Charity Fraud Awareness Week brings everyone involved in the charity and not-for-profit sectors together to promote openness and honesty about fraud. This year there are five themes: Understanding charity fraud; Fundraising fraud; Cybercrime and Read more…
Here’s another useful and insightful post from RSM Global: “You’re on a board. You’re not financially trained but you appreciate that reviewing finances to ensure they’re under control is an important aspect of good governance. What should you be looking for? What are the questions to ask? Is there a Read more…
DIA Charities Services are offering charities the opportunity to talk face-to-face with one of their staff about annual reporting or accounting. 30-minute sessions are offered on Thursday 28 March 2019 from 9am to Noon at the Mary Thomas Centre, 3 Gibbons Rd, Takapuna. Spaces are limited and subject to availability. Read more…
Information about payday filing has been available for some time, and IRD have been pro-active in contacting small employers, but a number of small charities and non-profits who will be affected still appear to be uncertain about it. Payday filing is currently voluntary but will be mandatory from 1 April Read more…
DIA Charities Services have just published an interesting blog post with the above title. It contains a number of lessons for the non-profit and charitable sector, many of them learned the hard way! There are also links for further reading. The article starts: “This week is international Charity Fraud Awareness Read more…
The 2018 Global Trends in Giving Report has just been published. The report is based upon a survey of over 6000 donors in 119 countries and summarises donor data across six continents It examines the impact of technology, gender, generation, ideology, religion, and donor size upon giving. The report also features Read more…
SOURCE: ANCAD Auckland Community Accounting Seeking Not for Profits Auckland Community Accounting will be training additional senior accounting students from Massey University in July to work with Not for Profits for the 2nd Semester August onwards. Auckland Community Accounting is a free service offering support and assistance to Community groups, including Read more…