Compiling financial statements We 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 required period.
Under a compilation, management 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, we 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 responsibilities, get in touch with team at CORE today. 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 assurance and accuracy in this vital business process, talk to one of the team at CORE today. services@corebusiness.co.nz or 0211 00 66 11 IRD disputes and investigationsA tax investigation can be a major and intrusive examination of your tax compliance. Often the IRD issues formal information requisitions. Sometimes it will demand access to business premises and records (including computers) without notice. If these procedures are not managed carefully they can lead to substantial cost and increased tax risk. You have to comply with your obligations to assist the IRD but at the same time be sure that the IRD is only given access to material it is entitled to, and with the least disruption possible to business.
At CORE we deal with the investigation in a way that anticipates where the problems may be, and help a business plan for the way it will respond to them. Our in-depth understanding of the audit process assures that you are supported through what can be a stressful and lengthy process. Get peace of mind by having the expertise of the CORE team on your side. services@corebusiness.co.nz or 0211 00 66 11 Tax planning |
Tax 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
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
Structuring advice
Tax
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 respected specialists is the best way to ensure strategies 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.
The 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 specialists advise across a broad spectrum of transactions, with their advice tailored to meet your specific requirements. If you would like to discuss how we could work with you in more detail, please contact us.
services@corebusiness.co.nz or 0211 00 66 11
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 respected specialists is the best way to ensure strategies 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.
The 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 specialists advise across a broad spectrum of transactions, with their advice tailored to meet your specific requirements. If you would like to discuss how we could work with you in more detail, please contact us.
services@corebusiness.co.nz or 0211 00 66 11