News & Articles

Author: @auditassistant

Ideas
AI and the Auditing Profession

In November I attended a Technology Quality Management Roundtable in Auckland co-hosted by the IAASB and XRB. In this article I cover some of the

News
Building value by building quality

In his 2009 book Start With Why, and accompanying record-breaking TED talk, Simon Sinek describes how unless we understand and can articulate why we do what we do we

Ideas
What’s wrong with AI?

Yes, we’re a tech company and all tech companies are getting excited about AI right? Why would we not be excited? In this article I

Ideas
Depreciation as an estimate

Reading the accounting standards, depreciation is clearly regarded as an estimate. Yet in many of our audit files this is ignored. Why? I suspect this

News
Conference 2025 – Round up

Our first national conference was a great success. Below are some of the highlights. The panel discussion with Justin Reid, Cameron Town, Bill Heritage, and Paul

News
Less Complex Audits for Less Complex Entities?

We started to hear about a new audit standard for Less Complex Entities way back in 2019. The NZ XRB have now released a consultation document for feedback

News
Updates to NFP financial reporting thresholds

For accounting periods that end on or after 28 March 2024, the threshold levels for not-for-profit entities have changed. Let’s review New Zealand’s reporting landscape