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Sunlight is the best disinfectant - The case for transparency and accountability in the charities sector
Think piece from Craig Fisher –Chair of the XRB’s External Advisory Committee
Charites, large and small, do fantastic work in Aotearoa New Zealand. Many people, myself included, see them as an essential part of the glue that holds our communities and society together. As such, they should be supported.
Support in New Zealand comes in many forms. Financially from generous individuals, businesses, and philanthropic trusts and foundations. In addition, our legislation and regulation in New Zealand mean that it is, by international comparison, very easy to establish a charity and for it to apply for, and be granted, charitable status.
Previous Insight

John Kensington on Disclaimers of opinion
An audit report is not an evaluation of whether an entity is a good investment but is focused instead on the integrity (material truth and fairness) of an entity’s financial statements.
As such, auditors have a professional obligation to provide a level of comfort as to whether the financial statements fairly and accurately reflect the operations of an entity during the relevant period.
Due to the COVID and the uncertainty that its created, we’re starting to see more modifications being made to audit reports, including disclaimers of opinion.