Compiling financial statements The accounting team at CORE compile the financial information of a business into a financial statement that usually includes a balance sheet, an income statement, a statement of movement in equity, possibly a cash flow statement, and related notes to the financial statements for the reporting period.
Under a compilation, our experienced management team takes responsibility for the preparation and presentation of the financial statements, accuracy and completeness of its contents. Please be aware that this is NOT AN AUDIT. This task does not involve the use of inquiries, analytical procedures or review procedures, nor does it obtain an understanding of internal controls or engage in other audit procedures. However, if we believe for any reason that the financial statements being compiled may be materially misstated, we will obtain additional information to confirm or deny this impression. When completed, our accountants will provide a written report that accompanies the compiled financial statements. This report will indicate that we have not audited or reviewed the financial statements, and therefore do not express an opinion or provide any assurance that the financial statements are in accordance with a financial reporting framework. For the right help and advice for this crucial accounting task, give the CORE team a call today. service@corebusiness.co.nz or 0211 00 66 11 Tax compliance and adviceOur tax advisory services help you to keep abreast of the changes to tax legislation, your responsibilities under New Zealand’s self-assessment regime and how those changes may impact on you, your business and other investments.
Our services include:
To get the right advice and to be sure you are meeting your compliance obligations , get in touch with our accounting team. service@corebusiness.co.nz or 0211 00 66 11 BookkeepingBookkeeping is the recording, on a day-to-day basis and in a systematic way, of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct, up-to-date and comprehensive. Accuracy is therefore vital to the process.
Our bookkeepers will provide the information from which accounts are prepared. The information is used to compile financial statements and/or tax returns. For completeness and accuracy in this vital business process, talk to one of our experienced accountants at CORE today. services@corebusiness.co.nz or 0211 00 66 11 IRD disputes and investigationsTax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency, with the elements of the financial plan working together in the most tax-efficient manner possible.
We provide advice on tax planning as an integral part of a financial plan, managing your overall tax burden within the legal framework. service@corebusiness.co.nz or 0211 00 66 11 Tax planningTax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency, with the elements of the financial plan working together in the most tax-efficient manner possible.
Our team of highly experienced accountants provide advice on tax planning as an integral part of a financial plan, managing your overall tax burden within the legal framework. services@corebusiness.co.nz or 021 100 66 11 Structuring adviceTax
An organisation's strategy forms the platform from which it grows and expands. So it’s important for its tax strategy to work in harmony with the broader business strategy, regardless of whether the focus is on company structure or risk management. Astute tax planning and structuring advice can make a significant difference to your bottom line. Compared to other countries, tax laws change quickly in New Zealand, so working with our respected tax specialists is the best way to ensure strategies are up to date. are up to date. Business Our structuring experts advise on how to effect a broad range of transactions – whether they are Initial Public Offerings (IPO), Private Finance Initiative (PFI), Public Private Partnerships (PPP) and strategic alliances. Our accounting team starts by looking closely at the specific transaction objectives and balances these with the relevant accounting, tax, regulatory and commercial considerations to provide you with the optimal deal structure. Our structuring experts advise across a broad spectrum of transactions, with their advice tailored to meet your specific requirements. If you would like to discuss how our highly qualified team could work with you in more detail, please contact us. us. services@corebusiness.co.nz or 0211 00 66 11 |
