Seminar 2 - Preparing for 2015: an update for charities

Date and time: Wednesday, 26 February 2014 from 8.15am to 12.15pm.
Venue: VUW, Government Buildings, Lecture Theatre 1, 15 Lambton Quay, Wellington
Cost: $60 excluding GST

The Financial Reporting Act has recently passed, bringing a new regulatory framework, new reporting responsibilities and opportunities. The Accounting Infrastructure Reform Bill also proposes that registered charities with annual operating expenditure of $500,000 or more be required to have the financial statements they file with their annual returns assured by a qualified accountant. The Department of Internal Affairs is to be tasked with monitoring compliance with these requirements.

This seminar will cover:

  • What changes have occurred in the regulation of charities and what reporting and assurance responsibilities will it bring?
  • What specific steps can you undertake now to prepare for the changes to your financial statements for 2015?
  • Revenue generation strategies – highlights and pitfalls identified from charities’ financial statements.
  • A look across the Tasman – what can we learn?

A copy of the programme is available herepdf

Registrations have closed.

Keynote speakers

  • Beth Goodwin, Ministry of Business Innovation and Employment (presentation slides)
  • Brendon Ward, General Manager, Charities, Department of Internal Affairs (presentation slides)
  • Carolyn Cordery, Member, NZ Accounting Standards Board and Senior Lecturer, School of Accounting and Commercial Law (Carolyn and Kevin's presentation slides)
  • Kevin Simpkins, Chair External Reporting Board, and Adjunct Professor, School of Accounting and Commercial Law
  • Stewart Donaldson, Australian Charities and Not-for-Profit Commission (ex-NZ Charities Commission and IRD) (presentation slides)