Audit Insights
Supporting you to achieve your goals
How entities can strengthen its cyber security
Cybercrime and the risks associated with it are no longer the domain of big business only. As auditors, we see an increasing risk for small and medium-sized businesses (SMEs) and Not-For Profit (NFP) organisations throughout New Zealand. This dark and sinister turn of events shows us that having a clear cybersecurity plan in place is vital to protect the revenue, cashflow and digital assets for SMEs and NFPs.
The 15 key responsibilities of a Not For Profit treasurer
From an auditing and accounting perspective, it is vital that all members of the organisation understand the duties of a treasurer and how to manage the organisation’s finances. In this blog, BVO Audit Director Alex Houghton shares the 15 tasks a treasurer must get very good at to run an effective not-for-profit organisation.
What is Statement of Service Performance reporting?
Not For Profit entities (i.e., Charities Services organizations) defined as large and as being either T1 or T2 entities are required to include a Statement of Service Performance (SSP). This article outlines this specific not for profit reporting requirement.
5 Benefits of an AML/CFT Audit Service
An external independent audit will identify the major issues concerning Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) procedures and controls, and uncover any short-comings.
Demystifying Auditors’ Questions
The purpose of an audit or review is to assure stakeholders that the information presented in financial statements is as correct as possible - a standard often referred to as a true and fair representation of the accounts.
Improving Payment Authorisations And Internal Controls
The latest payment authorisations and internal budget control tools, such as Approvalmax and Xero, will ultimately improve your organization's financial management and support it to better meet stakeholder goals.
