Times are changing and the expectation of directors’ responsibilities have increased and changed. This is as a result of the economic and regulatory influences driven by global financial issues and local factors such as the finance company failures and the Pike River tragedy. These issues put the spotlight on directors, resulting in legislative and regulatory compliance becoming more demanding.
We regularly hear from business owners that their exit strategy will be to list the company on a share market via an initial public offering (IPO). However, a successful IPO will be one where the company has huge potential for growth and an executive team who are able to implement that growth strategy. If the founders of the business are a vital part of the executive team, an IPO is likely to mean more...
Key performance indicators (KPIS) are the critical business metrics which demonstrate how well your business is achieving certain identified objectives. KPIs may be pointers of operational effectiveness gauges to successful execution of strategy, or allow benchmarking and assessment of business performance.
For many companies, we are coming to the end of the first set of compliant financial statements under the new reporting regime. Changes to the financial reporting requirements means that for most 'non-large' companies, audited general purpose financial statements are no longer required to be prepared, or filed with the New Zealand Companies Office However, this does not mean that these companies have no financial reporting obligations at all.
We take a closer look...
Drive Electric, an incorporated society which works to promote electric vehicles (EVs) in New Zealand and the recent changes that have affected both the electric vehicle industry in New Zealand and Drive Electric.
Baker Tilly International, the global network of which Staples Rodway is a part, has been named the winner of the prestigious Network of the Year Award at The Accountant & International Accounting Bulletin (IAB) awards 2016.
Staples Rodway Auckland has promoted three of its team from Senior Manager to Associate Director. Kaison Chang, Sonia Gaskin and Sachin Patel have received the promotions in recognition of their dedication and expertise.