RSM New Zealand

Audit and assurance

At RSM New Zealand, auditing and assurance are our specialities – led by six passionate audit partners, with a team of more than 50 full-time specialist auditors. All our team members are trained to have excellent technical skills and to work alongside our clients in a friendly and helpful manner.

Our team has long been actively and directly involved in setting standards for the provision of auditing and assurance services – both here in New Zealand and around the world. By staying up to date with latest developments, you can be sure we comply with the highest professional standards in audit services.

All our audit specialists are recognised as Qualified Auditors under the new financial reporting legislation.

We have audit partners that are:

  • Licenced to sign audit reports of FMC reporting entity clients


All our audit partners are:

  • Approved Auditors of the Office of the Auditor General


We appreciate that audits can be a stressful – even hostile – process for some clients. But the auditing and assurance services provided by RSM are designed to be different. Our auditing solutions are always thorough, but we also aim to make it a positive and beneficial experience for everyone concerned.

Our auditing and assurance services

Audit services

Are you required to carry out an audit – whether by statute, the governing document or at the discretion of your directors, shareholders or trustees?

Our auditing advice is backed up by a global RSM technical team, allowing us to provide our wide range of clients with the best auditing solutions.

Financial Reporting Advisory

Changing requirements within NZ equivalents to the International Reporting Financial Standards or the Public Benefit Entity standards can be overwhelming. RSM can help you understand these technical requirements and apply them in a practical manner.

Non-financial information assurance

Our audit specialists offer impartial, independent advice on your non-financial reporting, as well as providing guidance to organisations developing external non-financial reporting mechanisms.

Other assurance services

RSM New Zealand offers other assurance services to assist your business. A review engagement can be a useful introduction to independent assurance. While it doesn’t involve as much work or detail testing as an audit, it can help enhance the year-end process.

An agreed-upon procedure engagement is a less well-known alternative, where our independent assurance experts focus on an area of specific shareholder/management concern – such as your internal controls, financial statements or a limited number of aspects relating to operations.

How can we help you?

Contact us by phone 0800 774 623 or submit your questions, comments, or proposal requests.


CONTACT us

Charity vs New Philanthropy

A recent report on philanthropy focuses the mind on current techniques for giving and making a difference.  This article looks at some of the key findings and implications for funders as well as Charities and NFPs in New Zealand. 
17 October 2017

Charity and the language we use…

What’s in a word or a phrase?  Well sometimes a lot.  Whether we appreciate it or not much of the language we use carries considerable extra weight and meaning due to history, perceptions, and baggage connected with it.   
12 September 2017
Charity and the language we use…

PBE Accounting Standards Adoption –The good, the bad, and the ugly

New Zealand is now two years into our new accounting framework for Public Benefit Entities being applicable.  So how has it gone?  What has the experience been to date?  What can we learn from the adoption so far?
29 May 2017
PBE Accounting Standards Adoption –The good, the bad, and the ugly

Fundraising Magazine - PBE Accounting Standards Adoption

Fundraising New Zealand magazine has been New Zealand's premiere independent monthly subscriber publication for the not-for-profit sector, and associated support organisations and individuals, since 2002.
29 May 2017

Narrow-scope amendments to the presentation of financial statements for for-profit entities

An initiative was launched internationally to explore how disclosures in IFRS can be amended to improve the way in which information is disclosed and presented in financial statements. Narrow-scope amendments to IAS 1 were issued by the IASB and approved by the NZASB for use in NZ IFRS.
10 May 2017
Narrow-scope amendments to the presentation of financial statements for for-profit entities

Bouquets, brickbats, and making your financial statements more beautiful?

So, you are a small to medium size charity, (Tier 3 or 4 PBE) and you have transitioned to the new simple format reporting. 
3 May 2017
Bouquets, brickbats, and making your financial statements more beautiful?

Charities Guidance

Chartered Accountants Australia and New Zealand offer technical support for Charities learn more here
19 January 2017
Charities Guidance

Will Cotton

Audit Senior - Auckland Central The secondment programme is an opportunity to broaden horizons, experience new cultures and different ways of working, and develop a deeper understanding of our clients’ businesses.
19 December 2016

What’s your plan for next year?

It’s nearly the end of another year (Wow!  How did that happen so fast??).  As such, it is a useful time to pause and think about what you want to achieve with your organisation next year. 
6 December 2016
What’s your plan for next year?

Accounting for Heritage Assets - why and how?

Question: How do you value a church or a museum collection?
29 November 2016

Here's what a Trump presidency is likely to mean for the economy

This article is the opinion of Joe Brusuelas, RSM US Chief Economist and originally published on the RSM US site. Changes coming for growth, taxes, infrastructure, interest rates and trade
17 November 2016
Here's what a Trump presidency means for the economy

Phishing and whaling – Don’t get hooked!

With cyber-attacks on organisations on the increase one of the most common attack techniques we are seeing at present continues to be phishing and whaling attacks.  So what are these?  And more importantly; what can you do to stay safe?
19 October 2016
Phishing and whaling – Don’t get hooked!

External Reporting Board (XRB)

Important resources you should be aware of are found on the External Reporting Board website - the site for accessing the s
17 October 2016

A guide for NFP financial reporting in New Zealand

Download below the CA ANZ guidance brochure for NFP financial reporting in New Zealand. Guidance for NFP financial reporting in New Zealand
16 October 2016
A guide for NFP financial reporting in New Zealand

DIA Charities Services

Important resources to be aware of are found at the DIA Charities Services website. 
15 October 2016
DIA Charities Services

A resource page for charities

Registered Charities We know many Chartered Accountants do a lot of pro-bono and low bono work for charities. This work brings great value to our communities and we fully support this. It is important that you know about the new requirements for charities, and we want to ensure you have the information you need.
11 October 2016
A resource page for charities

A webinar on the new Charity Financial Reporting Standards

This is a recorded webinar. Once you have registered you will receive a confirmation email containing login details to your purchase. You will have from the date of purchase until the 1st July 2017 to view this session.
9 October 2016
A webinar on the new Charity Financial Reporting Standards

Fraud Insights - a series of practical videos to help alert people to fraud risks and techniques

Instances of fraud are not only becoming more prevalent but are also increasing in complexity. Auditors have a responsibility to remain alert to the prospect of fraud and professional scepticism is crucial.
5 October 2016

Auckland Council has community grants now available

Each Local Board has adopted a grants programme which sets out their priorities for allocating grants to community group applicants. Each regional grant programme has different closing dates.
4 October 2016
Auckland Council has community grants now available

RSM gives back to the community

RSM World Day : A day when the independent member firms of the RSM network unite and engage with national, or local, charities through volunteering and community work and other charitable giving activities
22 September 2016
RSM gives back to the community

Congratulations to the New Zealand Paralympians and Paralympics New Zealand!

RSM heartily congratulates audit client Paralympics New Zealand and the entire New Zealand Paralympics Games team on their incredible results at the Rio 2016 Paralympics. 
20 September 2016
Congratulations to the New Zealand Paralympians and Paralympics New Zealand!

Trial balance - Issue 56, September 2016

Trial Balance is the flagship publication of NZ CA member firms and covers a wide-range of articles on all aspects of business and accounting.  The Trial Balance is published quarterly in March, June, September and December Issue 56 - September 2016 In this issue:
1 September 2016

Villa Maria wins top three prizes at Bragato Wine Awards

RSM congratulates Villa Maria on their success taking out the top prizes at the Romeo Bragato Wine Awards. 
29 August 2016
Villa Maria wins top three prizes at Bragato Wine Awards

Case Study | The merger of Alzheimers Auckland and Alzheimers Counties Manukau

Bonnie Robinson (former General Manager of Alzheimers Auckland and now CEO of Howick Baptist Healthcare) shares her experience and insights from the successful merger of Alzheimers Auckland and Alzheimers Counties Manukau under the “Super City.”  The following case study puts the spotlight on collaborative strategies:
23 August 2016
Case Study | The merger of Alzheimers Auckland and Alzheimers Counties Manukau

Preparing cash flow statements

An interesting feature of New Zealand’s new financial reporting requirements is the requirement to prepare a statement of cash flows.  Hence any general purpose financial statements required by law now need to include one of these statements. 
9 August 2016
Preparing cash flow statements

XRBrief Issue 1

XRBrief 1 is a new initiative of the XRB for your information and education. It is designed to keep people informed of what is happening and changing in the financial reporting, and audit and assurance standards space in a concise manner.
2 August 2016
XRBrief Issue 1

The Tindall Foundation Survey 'Inspiring Generosity'

The Tindall Foundation is asking for 10 minutes of your time to complete their online survey 'Inspiring Generosity'
26 July 2016
The Tindall Foundation Survey 'Inspiring Generosity'

Do we have to write a statement of service performance yet?

Question:  We would be considered a medium to large registered charity.  We are aware of the changes in financial reporting requirements taking effect this year but are confused regarding these new statements of service performance.  Do we have to prepare one this year?  Help!!!
21 July 2016
Do we have to write a statement of service performance yet?

Reporting changes bring opportunity for non-profits

Cherie Trewevas (Business Partner at BNZ) recently wrote an article which perfectly highlights an important message regarding NFP reporting changes - that these changes will benefit the sector!
21 July 2016
Reporting changes bring opportunity for non-profits

How much should we have in cash reserves?

One of the vexed questions for boards of not-for-profit entities is what level of reserves the entity should hold as operational insurance. 
28 June 2016
How much should we have in cash reserves?

The importance of segregation of duties in preventing fraud

The National Business Review (NBR) recently published an article profiling Upper Hutt College, whose former executive officer Donald Hancox plead guilty to 10 fraud charges in relation to his swindling $375,000 from the college. 
16 June 2016
The importance of segregation of duties in preventing fraud

How much the not-for-profit sector contributes

Well done to Statistics New Zealand for providing some clarity and visibility around how much our NFP sector in NZ contributes to the economy. NFP Infographic
14 June 2016
How much the not-for-profit sector contributes

Key Management Personnel disclosure for charities

One of the financial reporting changes that now impacts a large proportion of charities is a mandatory requirement to disclose information regarding remuneration of key management personnel.  
1 June 2016
Key Management Personnel disclosure for charities

Governance | Core functions of a governing body

Good governance can make or break an organisation.  Or perhaps more commonly; it is a key factor in whether the organisation truly thrives and achieves its purpose, or alternatively just struggles on painfully, producing a mediocre result at best. 
12 May 2016
Governance | Core functions of a governing body

Maris Webb

Assistant Manager - Auckland Central The international secondment offers a unique opportunity to experience another culture, in Maris' case the secondment made such a great impression that she has returned to New Zealand for round two!
12 May 2016

Shivani Chandra

Assistant Manager - Auckland Central The secondment provided the perfect opportunity to combine both work and travel by spending three months in the USA and developing professional and personal skills.
11 May 2016

Richard Quaine

Audit Senior - Auckland Central The secondment was an opportunity for Richard to broaden his horizons, experience new cultures and different ways of working, and develop a deeper understanding of our clients’ businesses.
11 May 2016

Democracy - Yours to ignore!

We are incredibly fortunate to live in a beautiful, wealthy, safe, first world country.  We also live in a democracy with an excellent system of law that allows us to participate in civil society.  Every one of us has the ability to have a real say in our country's future - if we choose to exercise that right.
27 April 2016
Democracy - Yours to ignore!

How to conduct a Trustee meeting?

Trustees have a duty to review the affairs of a Trust. Holding (at least) an annual trustee meeting can ensure that this duty is satisfied, and is also a useful means to better ensure the proper management of the trust.   However, how should  a trustee meeting be conducted?
22 April 2016

NFPs: Bringing investments to account

One of the key changes to accounting treatment for many not-for-profit organisations is the change to accounting for investments.  Caught under the rules for financial instruments under PBE standards, for Tier 1 and Tier 2 not-for-profit entities, the rules governing how to account for your investments are now complex. 
21 April 2016
NFPs: Bringing investments to account

Is your charity ready to comply with the new accounting standards?

Effective 1 April 2016 New Zealand’s charities regulator has a new role – monitoring and checking compliance with the new mandatory financial reporting standards.  So how is the DIA Charities Services likely to approach this? The background to the changes
21 April 2016
Is your charity ready to comply with the new accounting standards?

How to write a great statement of service performance report

A key part of the new performance reports required of charities and other entities adopting the XRB’s PBE accounting standards is the requirement to present a statement of service performance report.  So how does an organisation write a great one?  Background
7 April 2016
How to write a great statement of service performance report

A spotlight on transport

Profit margin is a measure used to define job effectiveness.  Third party logistics (3PL) companies remain relevant and competitive by being cost effective.  Longer route times, trickier cargo and an increase in customer demand around time and cost have driven the need for 3PL companies to collaborate for effective solutions.
6 April 2016
A spotlight on transport

Governance 101

At RSM we love to share good ideas, innovation, and helpful resources. The team at Sport NZ are in our view leaders in providing useful information and educational material to sports organisations. However much of this good information equally translates to valuable resources for the wider NFP/Charitable sector.
5 April 2016
A spotlight on transport

Merger Delivers Growth for RSM in New Zealand

The merger of chartered accounting firms RSM and Nexia New Zealand’s Auckland operations will deliver a stronger, mid-market offering in accounting and business solutions.
1 April 2016
Merger Delivers Growth for RSM in New Zealand

Risk in Charities and NFPs

Risk in any organisation is a big issue, albeit one that gets vastly differing levels of attention in New Zealand charities and Not-For-Profit entities (NFPs).  From a fundraising perspective risk is often just viewed as the potential for loss of funding streams, however it is much more than that.
30 March 2016
Risk in Charities and NFPs

New Trends in Financial Reporting – Integrated Reporting

In an earlier article we have previously written about new trends influencing financial reporting including the concept of Integrated Reporting. 
24 March 2016
New Trends in Financial Reporting – Integrated Reporting

Newsletter for Schools

School sector reviews happening in 2016 We appreciate that various reviews are often happening in schools in New Zealand but we think two of these underway in 2016 have potential to be quite significant longer term. 1.     Review of the Education Act 1989
23 March 2016
Newsletter for Schools

Innovation a mainstay in modern business  

Innovation is crucial to the continuing success of any organisation, no longer relegated to the back-burner, innovation has now become a necessity in modern day business. Whether you are looking to streamline processes and procedures or embarking on transforming your ideas into reality, being innovative is an important ingredient when
22 March 2016
Innovation a mainstay in modern business  

Charitable Entities raising money from Investors

Many charities and not-for-profit entities want to explore different forms of funding.  We are also increasingly seeing a blurring of the lines between charitable entities and commercial entities. 
14 March 2016
Charitable Entities raising money from Investors

Budgets – Your guide to a perfect(?) one

Budgets are important.  Done well they help people and organisations plan their future, monitor their progress towards it, and achieve their goals.  Hence creating a good budget for your organisation is a key skill and tool in your creating the future you want and hopefully sustainable success.
29 February 2016
Budgets – Your guide to a perfect(?) one

The Purpose of your Incorporated Society - Can it make money? And who can take it home?

One of the interesting clarifications under the proposed Incorporated Societies Bill relates to money making activities undertaken by societies and member's access to monies or assets of the incorporated society.
16 February 2016
The Purpose of your Incorporated Society - Can it make money?  And who can take it home?

Incorporated Societies Bill - Timeline? And do we have to act now?

As we've highlighted previously the Incorporated Societies Act 1908 is up for an overhaul.  The Ministry of Business, Innovation & Employment (MBIE) released their Exposure Draft of the Incorporated Societies Bill in November 2015.  So what is the timeline from here?
9 February 2016
Incorporated Societies Bill - Timeline?  And do we have to act now?

Donated Goods Amendment Issued

We've previously written on the topic of Opportunity Shops and the potential practical problem created by the new accounting standards and how these require accounting for donated goods.   We are now pleased to provide an update.
2 February 2016
Donated Goods Amendment Issued

Consolidations – an accounting or a strategic issue?

We’ve previously advised that consolidations of entities for accounting purposes is likely to be one of the more challenging aspects of complying with the new mandatory accounting standards.  While the accounting concept and mechanics need working through, it is perhaps more important and possibly more beneficial to consider this issu
26 January 2016
Consolidations – an accounting or a strategic issue?

Fraud | Financial Whaling Scam

Whaling, a take on the term 'phishing' targets high-level executives, using email addresses similar to employee addresses, to make it appear as though they're requesting the funds.
20 January 2016
Fraud | Financial Whaling Scam

Exemption notice | Respite for some Australian subsidiaries

Australian subsidiaries that apply Class Order 98/1418 no longer need to prepare another set of accounts for themselves (and any subsidiaries) for the purpose of their New Zealand reporting obligations
18 January 2016
Exemption notice | Respite for some Australian subsidiaries

A Snapshot of the NZ Charities Sector & DIA Charities Services

If you haven't seen the infographic below, it is well worth a look.  This infographic was pulled together by DIA Charities Services for their AGM this year and provides an interesting summary insight into the sector.
16 December 2015
A Snapshot of the NZ Charities Sector & DIA Charities Services

Incorporated Societies Bill - Proposed Accounting & Audit Requirements

As previously advised the proposed overhaul of our Incorporated Societies legislation has now been released for public consultation in New Zealand.  [Involved in an Incorporated Society?
14 December 2015
Incorporated Societies Bill - Proposed Accounting & Audit Requirements

Giving New Zealand 2014

New Zealanders are generous.  A new report released 2 December shows that from 2006-2011 New Zealanders doubled their donations to charitable causes, and  from 2011-2014 maintained giving at the same level of $2.788 billion.
4 December 2015
Giving New Zealand 2014

Involved in an Incorporated Society?  Big changes coming!

As we’ve previously advised and written on; a significant overhaul of New Zealand’s Incorporated Societies legislation is currently underway. 
16 November 2015
Involved in an Incorporated Society?  Big changes coming!

Resident Director Rule Now in Force

As we reported previously the Companies Amendment Act 2014 (‘the Act’) became effective from 1 May 2015.  As highlighted to you in an earlier publication, a significant change as a result of this new legislation, is the requirement for all companies registered in New Zealand to have at least one New Zealand resident director.
11 November 2015
Resident Director Rule Now in Force

Social Impact Investing

Is it the new Holy Grail for the charitable/NFP sector?  Or just a theoretical concept and lot of hot air?  We look at this new area of funding in the charitable/NFP sector and some words of wisdom from a recent visiting UK expert and explorer in this area; David Carrington.
30 October 2015
Social Impact Investing

Useful Resource for Larger Charities

If you are involved in a larger charity then the attached link to a suite of Frequently Asked Questions may be of use to you.
30 October 2015
Useful Resource for Larger Charities

New Trends in Financial Reporting

Financial reporting is not a static discipline.  It changes and evolves in response to new legislation, requirements of regulators and changes in accounting standards, as well as various other demands from other stakeholder groups and new initiatives. 
15 September 2015
New Trends in Financial Reporting

Transparency for Charities | A double-edged sword

A culture of increased transparency – Welcome to the new world for charities.  However this could also be known as ‘the outing of charities in the press.’  Is your charity prepared? Heard about charities in the media lately?
8 September 2015
Transparency for Charities | A double-edged sword

New charity financial reporting and audit requirements | An opportunity for alignment?

The biggest change in financial reporting in 20 years, and for many charities; the biggest change to their financial reporting ever, has recently been legislated. We look at the opportunities this presents for the entities themselves as well as for funders and stakeholders. Background
20 August 2015
New charity financial reporting and audit requirements | An opportunity for alignment?

Accounting Legislation Change

The accounting world in New Zealand has been going through the most significant changes in the past 20 years. Much of this has been the result of the comprehensive legislative reform that is now in effect. We highlight some changes that may be important to you or your clients.
19 August 2015
Accounting Legislation Change

How's your governance team?

Getting your governance team right can be the key to extraordinary success in any organisation.  NFPs and charities have some unique features in this regard.  To really succeed they also need to heed governance best practice. 
30 July 2015
How's your governance team?

RSM Auditors achieve Qualified Auditor status

The New Zealand Government has introduced a new requirement where auditors of entities required by legislation to be audited (i.e. they have a statutory audit requirement) now need to be recognised as being qualified to undertake such engagements.
23 July 2015
RSM Auditors achieve Qualified Auditor status

Who holds the keys to change?

Getting change to occur in any organisation is difficult. Often it seems even more so in the NFP/charity sector. We explore some of the reasons why and seek to answer the question; “Who holds the most effective keys to facilitating change.” Background
14 July 2015
Who holds the keys to change?

Is membership dead or dying?

Are you involved in an incorporated society? Is your incorporated society struggling to attract and retain members?  Are you noticing that many people now just seem to want a more casual involvement?
30 June 2015
Is membership dead or dying?

Please don't set up a new NFP entity!

Are there too many entities in our Not for Profit sector?  At over 100,000 for a small country like New Zealand with a population of under 4.5m many people think so.  Yet why is it so common that one hears the discussion about setting up another new legal entity?
10 June 2015
Please don't set up a new NFP entity!

Fewer, deeper, longer | A philanthropic funding trend

Back in early 2013 we wrote an article on an emerging philanthropic funding trend which we called Fewer, Deeper, Longer.  Fast forward to 2015 and this trend is even more applicable with the concept also being picked up by some Government funding agencies. Hence we thought it was worth an update.
26 May 2015
Fewer, deeper, longer | A philanthropic funding trend

Mandatory performance reporting for charities

Out with annual financial reports and in with the more comprehensive performance reports.  Why this mandatory change for registered charities and what does it mean?
28 April 2015
Mandatory performance reporting for charities

The passion conundrum in the NFP/charitable sector

Passion is an essential requirement for success. But can there be too much passion? Is passion sometimes actually a handbrake on success?
7 April 2015
The passion conundrum in the NFP/charitable sector

Incorporated societies act | Time for an overhaul

In 2013 The Law Commission released their report on their comprehensive review of theIncorporated Societies Act…and a sensible well considered report it is too!   We look at what this is likely to mean in summary for New Zealand’s 23,000 + Incorporated Societies.
27 March 2015
Incorporated societies act | Time for an overhaul

Are you a New Zealand Incorporated Society?

New Zealand company legislation has, and is continuing to undergo some quite dramatic changes of late.  The latest changes come in the form of the Companies Amendment Act (No 4) 2014 which introduces a number of new requirements for New Zealand companies. 
14 March 2015
Are you a New Zealand Incorporated Society?

Demystifying donee status

Donee status.  Most people will have heard of this concept in relation to charities.  But scratch the surface a bit deeper and one commonly finds a lack of any further knowledge, and some common misunderstandings.  Hence we thought it would be helpful to provide a summary of some key features of donee status.
6 March 2015
Demystifying donee status

Impact of New Zealand's financial reporting changes

There has been huge change in financial reporting legislation in New Zealand in recent years. A direct result is different financial reporting and assurance requirements for different types of entities going forward.
25 February 2015
Impact of New Zealand's financial reporting changes

Your organisation is at risk from fraud!

Hopefully that headline gets your attention. Sadly in our experience as auditors this statement is true. We are yet to find the perfectly protected organisation when it comes to fraud risk. However there are some basic things any organisation can do to help protect itself.
14 February 2015
Your organisation is at risk from fraud!

I've seen the future | And I like it!

Over the next few years annual financial reporting is changing for charities and not-for-profit entities in New Zealand. This means different requirements, and given that change is generally painful at first; will it be worth it? And what result can we expect for most?
25 January 2015
I've seen the future | And I like it!

Risk in charities and Not-For-Profits

Risk in any organisation is a big issue, albeit one that gets vastly differing levels of attention in New Zealand charities and Not-For-Profit entities (NFPs). From a fundraising perspective risk is often just viewed as the potential for loss of funding streams, however it is much more than that.
14 January 2015
Risk in charities and Not-For-Profits

What you need to know about share based payments

A key challenge for owners big and small is how best to keep the attention and motivation of management aligned with those of the board and ultimately the owners of a company.
7 October 2014
What you need to know about share based payments