Month: August 2012


Family trust resettlement advice| Hayes Knight

| Hayes Knight By Hayes Knight – 28 August 2012 By law, a family trust cannot last forever. Resettling (transferring) your family trust to one that is more suitable can trigger a number of tax consequences so bear the following in mind… By law, a family trust cannot last forever. It has a ‘vesting day’ […]

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Charlie and the Trellis Factory

By Scott Travis – 28 August 2012 For an entrepreneurial and experienced small business owner, the reactive survival strategies of the past were the foundations for good business practice today. Scott Travis shares his encounter. While on a recent break overseas I was fortunate to meet an inspiring entrepreneur, we’ll call him Charlie, who runs […]

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Charlie and the trellis factory

For an entrepreneurial and experienced small business owner, the reactive survival strategies of the past were the foundations for good business practice today. Scott Travis shares his encounter. While on a recent break overseas I was fortunate to meet an inspiring entrepreneur, we’ll call him Charlie, who runs a successful business manufacturing outdoor wood products […]

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Understanding audit report modifications and qualified opinions

While a standard format exists audit reports can also contain many differences. But what are these differences, what causes them and what are the implications? A great example of good governance in action is an independent audit report on an entity’s annual financial statements. It is an important part of reliable financial reporting. The audit […]

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The audit expectation gap

By Hayes Knight – 27 August 2012 Over time the word audit has come to mean different things to different people. This has unfortunately diluted their true value and the important role they play in modern society. Audit and assurance are a bit of a hot topic in the Not-for-Profit (NFP) sector at present with […]

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Small town business, big picture thinking

By Hayes Knight – 14 August 2012 When out-of-towner James Kendall took over ITM Matakana, he managed to keep the locals on side while also growing sales – all with the help of accountancy firm Hayes Knight. As featured in Idealog Magazine September/October 2012. Download this case study. When an out-of-towner arrived in Matakana to take […]

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Discretionary output a labour of love

By Tristan Dean – 14 August 2012 One of the benefits of being a chartered accountant is getting to see hundreds of different businesses in action and finding out what makes them tick. One area that caught Tristan Dean’s attention is the different ways that business owners and managers interact with people and the profound […]

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Staying ahead of the fundraising curve

By Hayes Knight – 12 August 2012 A recent seminar to a special interest group of Chartered Accountants saw a funding expert as well as a fundraising expert share their knowledge and views on key fundraising trends in New Zealand. Almost all our charity and not-for-profit clients and contacts tell us how difficult fundraising is […]

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Mileage rates increase to reflect greater vehicle running costs

By Phil Barlow – 8 August 2012 Whilst the mileage rates are subject to regular reviews in order to reflect the actual cost of running a vehicle, in reality they have not changed considerably over many years. Until now… Many people will be familiar with the use of the IRD motor vehicle mileage rates or […]

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