The Hawke's Bay Business Awards are open for nominations. If you have a grand business, or one that's looking to get some insight from industry experts, have a go and nominate yourself! Find out more details at their website: https://hbbusinessawards.nz/
Get expert insights and maybe even win some awards! Get some great recognition for the awesome work you and your business do.
The XRB is currently looking for feedback on its proposal for reviews over service performance information.
The new standard is intended to align the reviews of service performance information with the reviews of financial information.
You can find out some quick information about the proposals at the XRB website: https://www.xrb.govt.nz/consultations/assurance-standards-in-development/review-of-service-performance-information
As an assurance practice, we have submitted our feedback to the XRB which you can find here: Reviews of Service Performance Information Eyles Audit consultation.pdf
Please feel free to make submissions to the XRB.
The XRB has released information on the long awaited changes and threshold requirements for Incorporated Societies.
Incorporated Societies that are registered charities will have no change as they will already be reporting under the charities requirements.
The thresholds and requirements follow those required for charities with the exception that if you are not a charity and have operating payments of less than $50,000 then you do not need to apply these standards. See XRB for info.
The thresholds for public benefit entities has increased. The most notable change is the tier 2 requirement changing from $2m of expenses to $5m of expenses.
Tier 1 threshold has also increased from $30m to $33m.
The new thresholds come into effect for reporting periods ending after 28 March 2024 - so this means it may be used for 31 March 2024 accounts.
Read more over at XRB: https://www.xrb.govt.nz/standards/accounting-standards/public-sector-standards/standards-list/updated-pbe-tier-sizes
The minimum wage is set to go up on 1 April 2024 as part of its annual increases.
I thought it was high time I wrote a piece about who I am and what I do.
You know I'm an auditor, but what about the man behind the mask you may ask?
That's a very good question!
After trudging through the trenches of a big four firm at the start of my career, I thought to myself "there's got to be a better way to audit". With that in mind, I embarked on a journey to become a qualified auditor and provide my own audits and assurance services.
These days I am into a range of things. I am an auditor but I am also a lover of cars and motorbikes, (zoom zoom) and I really enjoy going to the gym for workouts (and yes, a bit of yoga!). I'm always interested in the latest technology development and I do a bit of coding in my spare time. This certainly makes doing audits and dealing with data much easier! I enjoy friends and family and they should always come first.
I am situated in Hastings, Hawkes Bay (go the Magpies!) however I was born and bred in Upper Hutt, Wellington and because my family is there, I travel there very often which is why I offer assurance in both Wellington and Hawkes Bay. It's like the age old adage, 'you can't beat Wellington on a good day, but Hawkes Bay seems to only have good days!'.
In the past I've also been a sailor racing around New Zealand (but mostly in a southerly gale in Petone), turf-hockey, scouting, gang-show and film-making at college. I guess you could say I've done a bit of this and that.
I have only just started this journey (although it has been a long time coming) and my goal is to create really high quality audits. I want them to be as pain free as possible and provide the greatest client benefit that I can with professionalism and providing worthwhile feedback.
I'm very friendly and if you have any enquiries at all, please feel free to get in touch. Even if it's as simple as 'do I need an audit?'. Ask away!
The External reporting board has an open consultation regarding the new proposed thresholds for tier 2 and 3 not-for-profits.
The consultations close on the 26th of January 2024.
The proposed changes are as follows:
Our website is now live! Take a look around. There's an about us page and a services page as well as these blog posts.
207a Pattison Road
Akina
Hastings 4122
New Zealand
Open 9am - 5pm weekdays
primarily in Hastings and often in Wellington
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