April 24, 2017
In a newsletter sent from the General Manager for the Charity Services at Internal Affiars, Lesa Kalapu, it states: “A key part of this information is being open and transparent about where your income came from and what you did with it. There are over 27,000 registered charities in New Zealand so to try and capture consistent and standardised financial information on every charity, regardless of size or shape, the External Reporting Board has introduced New Reporting Standards. We have mentioned these standards in this newsletter before, but it?s crunch time as many charities now have to prepare financial statements in line with them.”
You will will find information and a helpful video here which will help you understand what is needed.
