I am struggling with a difficult accounting issue which does not seem to
be covered in any material I can find. How do I tackle it?
Perhaps the first port of call should be your auditor (if you have
one) who will be able to point you in the right direction.
The Not-for-Profit Financial Reporting Guide gives
guidance on many different reporting issues and may be of assistance.
Topics covered include accounting for grants, donations and bequests as
well as various assets (things we own) and liabilities (things we owe).
The guide is written for entities required to, or which choose to,
follow New Zealand equivalents to International Financial Reporting
Standards. However entities following New Zealand Financial Reporting
Standards may also find assistance.
The Accounting Standards section of the Institute is
happy to provide information to guide persons making enquiries to the
most appropriate sources of information. However, they are not able to
provide advice regarding any question that is raised.
Alternatively you could seek advice from a member of the Institute of Chartered
Accountants.
Professional development and networking opportunities are also
offered through the Auckland, Wellington and Christchurch special interest groups.