Read our insights

The requirements of Public Benefit Entities International Public Sector Accounting Standards (PBE IPSAS) for Not-for-Profit reporting entities are continuing to change. Navigating the Changes to PBE IPSAS for Not-for-Profits gives chief financial officers, and audit and risk committee members a high-level awareness of these recent changes to PBE IPSAS. It covers both brand new standards, and changes that have been made to existing ones.

Every year, the requirements of New Zealand Equivalents to International Financial Reporting Standards (IFRS) change. New standards, interpretations and amendments are published that will affect companies’ future financial reporting. Our publication, Navigating the Changes to New Zealand Equivalents toInternational Reporting Standards, is designed to give chief financial officers, and audit and risk committee members a high-level awareness of these recent changes to NZ IFRS. It covers both new standards and interpretations that have been issued, and amendments made to existing ones.

Louis Glickman famously surmised the best investment on earth is earth; however, as a property developer, you need to know when you can recognise the profit on that investment.

Doing business in the United States is now harder for Kiwi businesses already operating there, or for those planning to tap into this market.

While the Tax Working Group’s (TWG) much anticipated final recommendations don’t dramatically deviate from its interim report, a deep dive into the details might reveal measures that, if implemented, will significantly impact New Zealand businesses. Watch this space for more in-depth commentary in the lead up to Government’s recommendations in April; in the meantime, here’s a summary of the Group’s report.

IFRS News provides insights about developments in International Financial Reporting Standards (IFRS).

Grant Thornton has prepared a number of example financial statements which have been tailored to suit a number of different scenarios.

XYZ has been New Zealand’s premier financial reporting publication for manyyears and Grant Thornton New Zealand has again edited and updated the publications for 2018.

In our latest IFRS Viewpoint, we discuss accounting for client money.

VAT and GST continue to evolve and grow in complexity as the traditional goods and services model competes with today’s digital economy and the seamless international trade flows it has created. How can you stay ahead?

Make sure you are up to speed with the key 2019 tax rates and dates with our handy tax facts booklet.

Expatriates taking up employment in New Zealand will be subject to our comprehensive tax rules and work permit requirements. Liability to tax will be principally determined by the employee’s tax residence status and the source of the relevant income.

In our latest IFRS Viewpoint, we explore acceptable methods of accounting for holdings in cryptocurrencies and touch on other potential issues.

External publications relating to the accounting for financial instruments published by Grant Thornton International.

Our ‘IFRS Viewpoint’ series provides insights from our global IFRS team on applying IFRSs in challenging situations. Each edition focuses on an area where the Standards have proved difficult to apply or lack guidance.

After twenty years of development, the International Accounting Standards Board published IFRS 17 ‘Insurance Contracts’ last year and the New Zealand Accounting Standards Board adopted what was issued by IASB the almost word-for-word.