Submissions on audit and assurance requirements for larger and medium registered charities

In February 2013 The Ministry of Business, Innovation and Employment (MBIE) released the paper “Auditing and Assurance for Larger and Medium Registered Charities – Concrete Proposals”.

Since then ANGOA has worked with MBIE to hold a series of seminars, consulting on the proposals alongside the related proposals on accounting standards for smaller registered charities that have been developed by the External Reporting Board (XRB). Well over 2,000 people attended these seminars and ANGOA has appreciated all the feedback received. We have tried to represent the diverse feedback fairly in the submission and in our report to MBIE.

For ANGOA’s  final draft submission to MBIE re it’s proposals, please see attached: ANGOA Submission on Compulsory Assurance May 2013 (85; KB)

You are very welcome to send comments and suggestions to the ANGOA Coordinator at dave.henderson@angoa.org.nz, but we also recommend you make your own submission. Feel free to refer to ANGOA’s submission, or to simply advise MBIE that you support what ANGOA has written.

The MBIE Paper is at:

http://www.med.govt.nz/business/business-law/pdf-docs-library/financial-reporting-framework/assurance-for-registered-charities/Charities-assurance-concrete-proposals-discussion-paper-February-2013.pdf

Send your submission to:

Email: financialreporting@med.govt.nz

Post:
Auditing for Large and Medium Registered Charities
Commercial and Consumer Environment Branch
Ministry of Business, Innovation and Employment
PO Box 1473, Wellington

Fax: 04 499 1791

The last date for submissions is Friday 17 May 2013.

Submissions on the XRB’s proposed simple format accounting standards should be addressed to the Chief Executive, External Reporting Board, PO Box 11250, Manners Street Central, Wellington 6142, or emailed to submissions@xrb.govt.nz. Submissions on the proposed accounting standards are due by Friday 28 June 2013.

Source: ANGOA – the Association of NGOs of Aotearoa