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Deloitte announced today the appointment of New Zealand Institute of Chartered Accountants (NZICA) Outstanding New Member winner Leon Wijohn as an accounting and advisory partner, based in its Auckland office, and lead partner for its Maori business team. Hoteliers, retailers and commercial office interior decorators look likely to get the reprieve they were looking for from new depreciation rules they feared would drastically raise the cost of maintaining modern premises.
MYOB finally released its online accounting solution LiveAccounts today, stiffening up competition to the only other New Zealand software-as-a-service (SaaS) provider Xero.
Accountants are finding business quiet with few signs of any fresh upturn in business according to the monthly BNZ Confidence survey. Deloitte New Zealand's graduate recruitment social media campaign has been announced as a finalist in the TVNZ-NZ Marketing Awards. The New Zealand Institute of Chartered Accountants (NZICA) recommends that people leaving the country for an extended or indefinite period of time seek professional advice before completing Inland Revenue's residence questionnaire form IR886. The Serious Fraud Office (SFO) has laid charges against a Waikanae based accountant, tax agent and investment advisor. The governments preferred option for auditor regulation oversight appears to be based firmly on relying on members of the accountancy profession to give their time for such oversight for free. Two key law changes affecting auditors have had their timetable changed - one is being shuffled into a broader law change, while the other has been postponed until further notice. Grant Thornton has appointed Kerry McDonald as its new chairman which makes it the first of the five major global accounting firms in New Zealand to appoint an independent director as chairman. Australia and New Zealand are now one step closer to having a common set of financial reporting standards, as a result of the release of exposure drafts that will amend financial reporting standards in Australia and New Zealand. The strengthening economy has seen chartered accountants seek overseas opportunities, which is leaving gaps in the local candidate pool at the three to six year experience level according to Hays Recruitment. The index for New Zealand's fastest growing businesses, The 2010 Deloitte Fast 50, is open for entries. This is the 10th year that high-growth businesses from throughout New Zealand have been invited to benchmark their business growth over the past three years against each other. A founding member of one of New Zealand's largest farm accountancy partnerships received a Queen's Birthday Honour yesterday. Ernst & Young has created a step plan to help businesses take action in getting ready for the 15% increase in GST which comes into force on October 1. MYOB has announced the upcoming release of MYOB LiveAccounts, an online accounting solution for New Zealand businesses, although its research has found most businesses don't want to use purely online solutions. KPMG and Rugby World Cup (RWC) have today confirmed KPMG's appointment as the RWC 2011 official tournament supplier of accounting and tax advisory services. One of the driving forces behind the change in the way we advise our clients was driven by the realisation that we as financial advisers are in no small part in the crises management business. The accounting profession's role in enhancing capital markets is a critical one says Securities Commission chairman Jane Diplock. MYOB says accountants will be able to improve their production by at least 40% by using the latest accounting revolution, the common general ledger, developed for implementation in MYOB's Accountants Office (AO), AccountRight and Live Accounts software. |
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