Month: December 2012


Proud to be New Zealanders

By Hayes Knight – 19 December 2012 One of our clients Greenpeace put together a short video which made us feel good about being New Zealanders and we thought worth sharing. Click here to see the short video Ask a question or leave a comment Your message  Subscribe to comments Submit

read more

Minimum Family Tax Credit Increase

|Tax Advisors |Family Tax Credit Increase By Phil Barlow – 18 December 2012 The Minister of Revenue, the Hon Peter Dunne, has announced that the minimum family tax credit available to low-income families will increase from 1 April 2013. The change has been approved by Order in Council and will increase the after-tax income of […]

read more

Professional Scepticism

By Hayes Knight – 12 December 2012 Professional scepticism is the key audit skill. With it an auditor is a powerful independent safeguard. Without it the auditor risks being reduced to a mere compliance “rubber stamper”. Click here to read the full article on professional scepticism from the December issue of the New Zealand Institute […]

read more

OAG Report on the Education Sector

By Hayes Knight – 12 December 2012 The Office of the Auditor General (OAG) has compiled a report showing the results of the audits of all education sector entities in 2011. This includes the audits of schools, as well as tertiary and other education institutions.  It is interesting reading showing some of the topical issues […]

read more

Kiwi Park 2012 Model Financial Statements

By Hayes Knight – 12 December 2012 Kiwi Park has been published for 2012 and is on the MOE website. Click here to view this latest publication: While there are not a large number of changes from 2011, it is always useful to use this updated version to ensure all your financial statement disclosures are […]

read more

Celebrating Kiwi Paralympians

By Hayes Knight – 12 December 2012 Hayes Knight have acted for Paralympics New Zealand for a number of years now. While there was saturation coverage of the 2012 summer Olympics many New Zealanders sadly did not get the opportunity to see much of the Paralympics coverage. We would like to acknowledge and celebrate the […]

read more

Banked Staffing

By Hayes Knight – 12 December 2012 On-going challenges with the Novopay system mean that we are still unsure exactly what information will be provided with regards year end accruals. We are hopeful that the remaining problems with Novopay will be able to be fixed to at least allow the banked staffing position to be […]

read more

Financial Reporting Reform On Track

By Hayes Knight – 3 December 2012 Further to our previous advice of the biggest change in Financial Reporting legislation in New Zealand for at least a generation we are pleased to advise that the legislative approval process is on track. The Financial Reporting Bill had its first reading on Wednesday 28 November and has […]

read more