[wellylug] Very Important: Meeting of 13th Feb 2005
David Murray
newslists at electronincantation.net.nz
Wed Feb 15 22:20:20 NZDT 2006
On Wed, 15 Feb 2006, Michael Bordignon wrote:
> Mark Foster wrote:
>
>> How much does it cost to engage an auditor to audit the yearly accounts?
>
> As far as I'm aware one of the few obligations as such is to send the IRD an
> Annual Financial Statement, which can be created in something like MYOB. I
> may be wrong about having to be audited, but it seems unnecessary for a
> organisation such as WellyLUG..
My understanding, having been on a few committies over the years, is that
all incorporated societies need to submit a statement of accounts
annually, and that the accounts need to be supported by a statement from
an auditor that says to the effect they are a true and correct record of
the organisations finances.
This is not an onerous task.
Regards
David Murray
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