Category: Audit


are you prepared?

are you prepared? :: Hayes Knight By Brendon Cutler – 6 October 2014 Some of the biggest changes in 20 years are about to take place to New Zealand’s Health & Safety Law. Do you know how these changes will affect you and your business and are you ready? The Health & Safety Reform Bill […]

read more

Risk in Charities and Not-For-Profits

By Hayes Knight – 6 October 2014 Risk in any organisation is a big issue, albeit one that gets vastly differing levels of attention in New Zealand charities and Not-For-Profit entities (NFPs). From a fundraising perspective risk is often just viewed as the potential for loss of funding streams, however it is much more than […]

read more

I’ve seen the future…and I like it!

Over the next few years annual financial reporting is changing for charities and not-for-profit entities in New Zealand. This means different requirements, and given that change is generally painful at first; will it be worth it? And what result can we expect for most? Sometimes in life we are lucky enough to get sneak previews […]

read more

Charity and Not-For-Profit Update

By Hayes Knight – 30 September 2014 There have recently been a few changes impacting charities and other NFP organisations in New Zealand. For the benefit of our readers involved in the sector, we summarise some of the key ones. Free Seminars for Medium Sized Charities The External Reporting Board (XRB) and DIA Charities Services […]

read more

Greenpeace’s legal win – What it means for NZ Charities

On 6 August 2014 after 4 years of legal battles New Zealand’s Supreme Court has ruled in favour of Greenpeace being potentially able to register as a charity, and that a political purpose is not an automatic barrier to being considered a charitable purpose. Our country’s highest court has overruled the previous Court of Appeal […]

read more

MBIE sector research

By Hayes Knight – 6 August 2014 Is your business involved in any way in the food or beverage production? If so the recent industry reports from MBIE could be of value to you. A key trait of any successful business is one that is not only good at what it does and how it […]

read more

Adopting New Accounting Standards for Charities

By Hayes Knight – 10 July 2014 New financial reporting standards are coming for registered charities. When do we have to apply them? When should we apply them? Should we adopt them early? As readers will be aware from our earlier articles; recent financial reporting legislation means that registered charities will have to apply new […]

read more

Budget 2014 – A Calculating Budget?

A Calculating Budget? Hayes Knight, Hayes Knight Audit, Business Services, By Phil Barlow – 15 May 2014 In an election year, clearly there is a temptation of the incumbent Government to use the Budget as a tool to buy them votes. Announcements in the Budget that lean towards social policy and spending are sometimes then […]

read more

Your organisation is at risk from Fraud!

By Hayes Knight – 13 May 2014 Hopefully that headline gets your attention. Sadly in our experience as auditors this statement is true. We are yet to find the perfectly protected organisation when it comes to fraud risk. However there are some basic things any organisation can do to help protect itself. This article looks […]

read more

New Zealand Sector Overview

By Hayes Knight – 7 May 2014 A key trait of any successful business is one that is not only good at what it does and how it does it, but also always has a strategic eye out to the wider market place within which it operates. Understanding the wider market better can be very […]

read more

Financial Reporting Act 2013 Update

By Hayes Knight – 16 April 2014 On 3 December 2013 the Financial Reporting Act and the Financial Reporting (Amendments to Other Enactments) Act became law. These two Acts, combined with new financial reporting frameworks rolled out by the External Reporting Board, create fundamental changes to the financial reporting rules in New Zealand. For most […]

read more