RSM New Zealand

Risk advisory

Protect your business against the threats of today.

Risk plays a significant part in all walks of life. In modern enterprise, businesses are facing a whole new wave of challenges, from economic turbulence to increasing regulatory compliance. At RSM, we specialise in effective risk management for your business in order to enhance the value that you deliver to your stakeholders, as well as futureproofing your business and its success.

We understand the importance of structured and considered business threat protection. From the lingering legacy of the global financial crisis to the continued rise of cybercrime, recent history demonstrates the economic significance of identifying threats and the appropriate response, at the earliest possible stage.

As a result, our risk advisory solutions are proactive, not reactive. They provide tailored support and guidance to align with your key organisational objectives. As risk management specialists, our expertise, knowledge and constant drive to innovate ensure we remain at the forefront of implementing new approaches to the world of business risk.

Fraud prevention and investigation

All businesses, regardless of industry or scale, are potentially vulnerable to fraud and improper conduct without the proper controls in place. Data protection and confidentiality breaches represent a major risk of today, whilst fraudulent activity can occur anywhere along the chain, from purchase ledger to asset management.

Fraud puts the financial stability and reputation of your business at huge risk. Our risk advisory consultants will provide the fraud prevention and investigation framework your enterprise requires.

Governance and compliance

The strategic direction of your organisation is paramount to its success, and our risk advisors can help to implement and improve upon your current governance infrastructure through independent and impartial consultation.

With RSM partners playing key strategic roles nationwide on boards of organisations spanning multi-nationals to SMEs, our level of experience allows us to give you a true insight into operating successfully within the New Zealand business landscape.

Internal audit

The internal audit process has taken on more of a consultative and strategic approach in light of an increasing focus on governance and control across commerce and industry.

Our risk advisory services boast a versatile three-pronged internal audit delivery model. Whether you require a fully outsourced solution, a working partnership between our auditors and your in-house team or specialist component services to augment your current audit programme, we will be able to tailor our model to your demands.

Risk management

We understand SMEs and multi-owner businesses require complete risk advisory solutions as well. Through our free, quick and easy business risk management survey, you can benchmark your key business risk and value drivers, prepare a SWOT analysis and establish key improvement strategies as part of our Better Business Program.

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

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.

Anti-money laundering and countering financing of terrorism coming to an accountant, lawyer, and real estate agent near you …

Combatting money laundering and financing of terrorism is an increasingly big issue internationally.  As part of the global community this also increasingly impacts New Zealand. 
Introduction to Cyber Security - the nuggets

Introduction to Cyber Security - the nuggets

In the 'Introduction to Cyber Security' seminar for RSM clients and contacts presented by Kaon SecurITy in early August, there were some key messages that we thought would be useful to summarise.
The importance of segregation of duties in preventing fraud

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. 
A spotlight on transport

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.
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.
Merger Delivers Growth for RSM in New Zealand

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.
Risk in Charities and NFPs

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.
New Trends in Financial Reporting – Integrated Reporting

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. 
Innovation a mainstay in modern business  

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
Fraud | Financial Whaling Scam

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.
Exemption notice | Respite for some Australian subsidiaries

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
Who holds the keys to change?

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
Impact of New Zealand's financial reporting changes

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.
Your organisation is at risk from fraud!

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.
What you need to know about share based payments

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.