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New Reporting Standards – additional seminars in October

We are sending you this news alert because you are listed as the contact for one or more registered charities.

There has been an overwhelming response to the invitation to attend seminars about the New Reporting Standards in October. The External Reporting Board (XRB), in conjunction with DIA Charities Services, is holding these seminars to update registered charities on the new accounting requirements that become mandatory in 2015.

Due to the high demand for places, more sessions have been added to the October seminars, including in regional centres. XRB is managing the registration process for the seminars. Click here to go to XRB’s website for seminar locations and times, and to register for a seminar.

Webinar 29 October

There will also be a two-hour webinar on Wednesday the 29th of October at 9am. This is a live web broadcast of the presentations that will be made at next month’s seminars. Anyone can register for the webinar, and once you are registered you will be able to ask questions during the broadcast. You can register at the webinar registration page. The webinar will be published at a later date on the XRB website.

About the seminars

The free, two-hour seminars are aimed at registered charities with annual operating expenditure less than $2 million. These charities will be able to report using Simple Format Reporting standards.

The seminars will include:

  • The new legislative requirements for registered charities to follow XRB Accounting Standards from 1 April 2015
  • An overview of the Simple Format Reporting Standards
  • How the final standards differ from the proposed standards as a result of consultation with the sector during 2013 (which was the focus of the last seminar series)
  • What charities need to do now to get ready to apply the Simple Format Reporting Standards next year, and
  • Future opportunities to learn more about the standards and how to apply them.

Further seminars next year

We understand that some people will be unable to attend a seminar next month. We are running another series of seminars commencing in March next year, and these will be held right across New Zealand. All registered charities will be invited to these seminars.

Registration queries

If you have any questions about registering for these seminars, please email the External Reporting Board at enquiries@xrb.govt.nz