Are your financial accounts accurate?
Reliable reports are just the beginning
Everyone needs to have confidence in financial statements, otherwise, what’s the point in preparing them? If you’re involved in an organisation that is managing large sums of money, your reputation is at stake. Your money might be too.
For some client’s audits and reviews are about legal compliance. For others, it’s about shining an independent spotlight on financial information they are making decisions upon.
BVO Audit works with all kinds of organisations giving peace of mind, that the accounts are in good shape, financial reports can be relied upon, and systems are robust and working as intended.
Painless. Plain language. Everyone wins.
At BVO Audit, we believe the audit/review process should give you much more than simply ticking compliance boxes. It should help improve governance and management, be an easy process, help minimize risks and free your organisation up to do what it does best.
We work with tax-paying private sector companies, charities and not-for-profit organisations, ensuring compliance with the ever-changing laws and regulations. If you’re not exactly sure what the rules are and how they apply to your organisation, we can help.
Working with BVO Audit means your shareholders, Accountant, Trustees, members, sponsors, funders, customers and/or Board, can feel assured. Best of all, with BVO Audit you’ll get a roadmap of what else you can do to decrease your risk.
Book a free 30 min no-obligation call or video with a qualified auditor.
We promise to support you every step of the way
Whether you are required by law to have an Audit or Review or elect to have one, our auditors are approachable and easy to work with. Whatever outcome you are after, whatever your need, we use everyday language that everyone can understand. This means more trust, less risk and assurance that your organisation is well-managed.
Who we work with:
BVO Audit has a thorough understanding of all NZ legislation and Acts that dictate audit and review regulations. Our team are up-to-date with the latest regulations and how they apply. We have deep experience in meeting the requirements of Ministries and the various government agencies that take an interest in making sure NZ organisations meet their statutory requirements.
Charitable Trusts
Incorporated Societies
Clubs
Churches
Volunteer services organisation
Charitable Private Training Establishments
Education and training providers
Body Corporates
Real Estate Trust holders
Business with overseas shareholders
Businesses getting ready to attract funding
Want to know what’s involved in the audit/review process? Would talking to a qualified auditor about your organisation’s needs be helpful? Book a free 30 min no-obligation video or call.
Do I need an Audit or Review
An audit is the most thorough analysis of an organisation’s financial statements and gives you the highest possible level of assurance.
A review is similar but comes with a lower level of analysis and assurance.
Not sure if you need an audit or review? To help you understand we’ve created an easy-to-follow decision tree.
Not for Profit Audits/reviews
If your organisation doesn’t pay tax your annual financial statements may need a statutory audit or review, for compliance. The type of service you need depends on your organisation’s legal structure and operating expenditure.
The bigger your NFP organisation, the more rigorous the rules around compliance. We can help you work out which one you need.
Find out more about Not For Profit audits and reviews
Insights
Transitioning from Tier 2 to Tier 3 financial reporting
If you are a small to medium-sized charity or incorporated society now is a good time to select which accounting standards for not-for-profit (NFP) reporting requirements may be right for your organisation. This is because these thresholds have recently changed and there is an opportunity for some Tier 2 organisations to move to more simplified Tier 3 financial reporting. The New Zealand External Reporting Board (XRB) recently set out new criteria for the threshold size of some reporting Tiers.
How to Avoid the Common Pitfalls of Not-For-Profits: A Practical Guide
Not For Profit (NFP) organisations are integral parts of New Zealand society. However, they are often hindered from their mission by financial planning pitfalls. In this article, we have compiled 15 expert solutions to ensure that your NFP can focus on making bigger difference in our community.
Not-For-Profit Accounting: How to Perfect Your Budget
Budgets lie in the centre of many accounting issues for not-for-profit organisations. Therefore, a well-structured budget can help your NFP stay on track, achieve its mission, and make a lasting impact. Check out our 10 top tips about how to achieve this.
