Keep up with
Newstalk ZB

Thu, 23 May 2013, 21:30

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Charities may need better financial diligence

Share |

Charities may need better financial diligence

By: Felix Marwick | Latest Political News | Monday April 23 2012 13:15

 

Large charities may have to have better diligence around their finances.

The Government has released a discussion document that proposes charitable organisations that spend over $300,000 a year should have their financial statements audited.

Currently registered charities do have to provide annual financial statements, but there's no auditing requirement.

Commerce Minister Craig Foss says it's about improving transparency and accountability.

He also says the proposed changes would affect only 20 percent of all New Zealand's charities.

Photo: NZ Herald

 

Related Subjects

Charity |

 

Latest Political News

Advertisement
Mike Hosking Breakfast
Advertisement

  • Mum on couch for three years, daughter charged

  • A spate of crashes in Waikato

  • Mallory Manning trial not likely until 2014

  • Amnesty International report slams New Zealand

Latest Newstalk ZB Video

  • Fran O'Sullivan: strengthening ...

  • Gavin Grey: the London soldier ...

  • Peter Gill: Ford quitting Oz

  • Lynley Hargreaves: the Dennist ...

  • Wednesday-Twister

  • Tuesday-Things People Do Not W ...

  • Friday-Budget Passion

  • Thursday-Topless Research

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results

Advertisement

  • ZB App ad
  • Awesome Service
  • Radius Care
  • Roger Advice
  • Advertise With Us
  • Paper Plus