NZQA Focuses on Private Training Establishments

As you may have recently read in the news, the NZQA has ruled to withdraw accreditation for three business courses offered by the International College of New Zealand, affecting the studies of 100 international business students. The action is part of an increased focus by the NZQA on Private Training Establishments (PTEs) following the Government’s

2017-10-02T09:02:51+00:00 September 4th, 2017|Audit|

Get Help With Your Bright Ideas!

What Is Callaghan Innovation? Callaghan Innovation is a programme that was set up by the Government about five years ago. The main aim of Callaghan Innovation is to act as an agency responsible for supporting innovation in New Zealand. Callaghan Innovation grants are designed to help businesses with research and development of new products, services

2017-06-08T14:58:10+00:00 June 6th, 2017|Audit|

The UHY Haines Norton Audit Conference 2017

Education, up-skilling and connections: auditor Samson Ali shares his experiences at the 2017 UHY Haines Norton Audit Conference. I recently had the opportunity to attend the UHY Haines Norton Audit Conference held in Sydney. This annual event is attended by auditors from all of the Australasian UHY Haines Norton firms, and is an excellent combination

2017-06-08T14:58:47+00:00 May 19th, 2017|Audit|

If You Think Compliance Is Expensive, Try Non-compliance

All registered charities are now required to adhere to the new financial reporting and assurance standards as legalised by the Ministry of Business, Innovation and Employment (MBIE). The new accounting standards applying to charities and not-for-profit entities have been passed by Parliament and include the minimum assurance requirements for all charities. All registered charities will

2017-05-10T10:11:27+00:00 May 10th, 2017|Audit|

Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill

Phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Amendment Bill will be effective from October 2018. The new regulations will extend the current AML/CFT Act to cover: Lawyers Accountants Real estate agents Conveyancers Some businesses that deal in high value goods Betting on sports and racing We - together with our

2017-04-26T11:32:23+00:00 April 26th, 2017|Audit|

Collaborating at UHY’s 2014 Annual Conference in Germany

UHY Haines Norton Audit Partner Sungesh Singh recently attended the 2014 UHY AGM in Germany. This year I had the opportunity to attend UHY’s 2014 Annual General Meeting. The conference welcomed 150 delegates from around the world and was proudly hosted by member firm Dr. Langenmayr GmbH Wirtschaftsprüfungsgesellschaft in Germany. Exactly, please don’t ask me

2014-11-27T10:43:56+00:00 November 27th, 2014|Audit, UHY International|

Could Your Business Be At Risk?

UHY Haines Norton’s Assurance and Advisory Manager Tadius Munapeyi explains why all New Zealand businesses are at risk of economic fraud. Over 30% of New Zealand businesses of all sizes, structures and within all industries are believed to be subject to fraud, error and corruption – and this figure appears to be rising. Why Is

2014-09-04T12:49:44+00:00 September 4th, 2014|Assurance, Audit|

An Audit Alliance in Motueka Valley

UHY Haines Norton has recently achieved the status of being the only fully licensed audit firm in West Auckland, meeting the Government’s rigorous high standards and complying with the Auditor Regulation Act. Our new auditing procedures include re-establishing our alliance with Bill Heritage, a semi-retired audit expert, to act in a consultant role.  Bill will

2014-07-08T15:50:36+00:00 July 8th, 2014|Audit|

Navigating The Need For An Audit

UHY Haines Norton’s Audit Manager Bhavin Sanghavi addresses some of the complexity around audit requirements. A common enquiry from our clients is whether an audit is necessary, and if so who can audit them. To address this issue, we have broken the requirements down by type of entity. Who Requires an Audit? Type of Entity:

2014-07-08T11:53:37+00:00 July 8th, 2014|Audit|

A New Playing Field for Auditors

The Auditor Regulation Act came into force on 19th May 2011 and has significantly changed the playing field for auditors in New Zealand.  From that date forward, all auditors who are issuing audit opinions for issuer clients have to be fully licenced and practising from a registered firm.  The responsibility of the new regulatory regime is

2014-05-12T10:35:40+00:00 May 12th, 2014|Audit, The UHY Team|