Has your charity done a great job on your financial reporting? Your efforts could be recognised in the 2021 New Zealand Charity Reporting Awards.
The awards, organised by Chartered Accountants Australia and New Zealand (CA ANZ), recognise best practice among registered charities in meeting their financial reporting standards.
To enter, send through your financial statements (Tier 1 & 2) or your performance report (Tier 3 & 4) to charityreportingawards@charteredaccountantsanz.com. The r…
Published 29 January 2021
[ 5 minutes to read]
The Trusts Act 2019 is in effect from 30 January 2021 and if your charity is a trust then the Act applies to you.
If you are not sure whether you are a trust, search the Charities Register and check your rules document. If it states you are a trust, then the Act applies. It is important trustees are aware of the Act and understand how it may impact on your activities and decisions. [1]
The changes to the Act aim to make it easier to understand…
Published 10 February 2020
In its decision dated 17 December 2020, Te Rātā Atawhai, the Charities Registration Board (“the Board”), has removed the Samoan Independent Seventh Day Adventist Church (“the entity”) from the Charities Register. The Board considers that the entity meets the grounds for deregistration under the Charities Act (“the Act”), as the entity and its officers have engaged in serious wrongdoing. The Board also considers that it is in the public interest to remove the entity fr…
Published 1 March 2021
[ 3 minutes to read]
The External Reporting Board (XRB) is responsible for setting the financial reporting standards that all registered charities must report to. They’re reviewing the standards right now, to make sure they’re the right fit. This blog from guest writer Jamie Cattell explains the review, and what they’re looking for.
The Tier 3 and Tier 4 Standards occupy a special place in our Accounting Standards Framework. Unlike the standards used by Tier 1 and T…
We have published a new page on our website about research into charities.
One of Charities Services’ functions, under the Charities Act 2005, is to promote research relating to charities. Our new webpage outlines how we achieve this function.
The new page also includes data collected from the Charities Register about the charitable sector in Aotearoa. It also links to recent research done about the charitable sector.
You can visit the new webpage here: Research into Charities.
Published 28 April 2021
[ 1 minute to read]
When we’re out and about, we often hear myths about what charities can and can't do.
Our Myth busting series is a regular feature where we address some misconceptions and bust some myths about the obligations of charities. This month, we’re looking at when charities can provide housing.
Myth – Providing housing is not charitable.Providing housing can be charitable, but it needs to be connected to a charitable purpose. What does this mean? Cha…
Updated - 20 January 2022
Charities have legal duties under a range of legislation, as well as under the Charities Act 2005. Which law applies to your charity will depend on your legal structure, the size of your charity and the activities you do. It is critical to understand your legal duties as an officer of a charity.
This page gives you a range of examples and connects you to further information to help. Your charity may have other obligations that are not listed here.
If you need more h…
Published 10 June 2021
We have published a new page on our website that outlines the different legal duties that apply to charities in addition to the Charities Act 2005. The new webpage aims to help officers of charities understand their legal obligations and how different laws may apply to their charity.
The webpage outlines different legal duties including those related to money and tax, employing people and volunteers, being online.
You can visit the new webpage here: Charities’ obligatio…