The Difference Between Audits, Reviews And Agreed-Upon Procedure Engagements

An organisation can be required to undertake either a financial audit, financial review, or agreed-upon procedure engagement (AUPE) for a variety of reasons, including statutory requirements or to meet the stipulations made in trust deeds, constitutions or charters. When given the choice between an audit, review or AUPE, it’s important to understand the difference and

2019-08-01T11:47:32+12:00August 1st, 2019|Audit|

Has Public Confidence In Not For Profits Dropped?

International charities and not for profits have recently come under increased scrutiny following various scandals and accusations of unjustified executive pay. UHY Haines Norton’s Audit and Assurance Director Sungesh Singh was recently asked what the situation in New Zealand is for this sector: whether public confidence has dropped like it has in the UK and

2019-07-03T08:41:52+12:00July 2nd, 2019|Audit|

Top 5 Benefits An Audit Provides

If your organisation requires an audit due to industry regulations or because potential investors or other stakeholders require one, it needn’t be a negative, stressful experience. Here at UHY Haines Norton we see first-hand how an audit is actually beneficial as it presents you with the opportunity to improve your organisation. Here we aim to

2019-01-29T13:15:26+12:00January 29th, 2019|Audit|

Not-For-Profit Audits: Statements of Service Performance

Charity and not-for-profit audits and reviews are subject to unique, constantly evolving reporting requirements. Audit Director Bhavin Sanghavi explains one of the new reporting requirements for not-for-profit organisations, the Statement of Service Performance. UHY Haines Norton have a long history of working with clients in the not-for-profit sector, specialising in navigating the rules and regulations

2018-09-13T09:26:43+12:00September 13th, 2018|Audit|

Preparing For An Audit

UHY Haines Norton Audit Director Bhavin Sanghavi explains the benefits of preparing for an annual audit to make the process run smoothly and maximise the value the audit provides to an organisation. It’s that time of year when most organisations will start preparing for their annual financial audits. Some organisations and their accounting staff may

2018-03-02T10:42:03+12:00March 2nd, 2018|Audit|

Unravelling The Audit Process

For many organisations just the thought of undergoing an audit can be stressful and daunting. However, professional auditors such as UHY Haines Norton are skilled at undertaking audit processes with minimal disruption while conducting an objective and thorough evaluation. Here we explain the steps involved in a typical audit process for New Zealand organisations. UHY

2017-11-01T07:47:43+12:00November 1st, 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

2017-10-26T10:40:16+12:00June 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+12:00May 19th, 2017|Audit|

Increase in Small Business Audits

Evidence shows there has been a clear increase in audit activity among small New Zealand businesses in the last financial year. Supporting our own recent experiences of clients being targeted by Inland Revenue, the providers of our tax audit insurance offering Audit Shield have published figures indicating substantial increases in both the premium pool and

2018-05-30T10:40:38+12:00April 28th, 2016|Audit|