BDO in New Zealand

We’re proud to sponsor the INFINZ Mid-Market M&A Transaction of the Year Award 2025 - and now is the perfect time to prepare your entry! Submissions close on Wednesday 12 February, with winners announced at the annual INFINZ Awards Gala in May next year. Learn more and enter here: https://lnkd.in/gKMp-5d

Nau mai, haere mai - welcome to our newest BDO interns! We're delighted to welcome our 2024 cohort of interns to offices around the motu, including BDO Auckland, BDO Christchurch, BDO Taranaki, BDO Wellington, BDO Marlborough Tasman, and BDO Manawatu. Our new BDOers will take part in a range of activities over the next few months, with on-the-job training and coaching along the way. We’re excited to see how our Class of 2024/2025 develops with BDO over the summer and wish them all the best in their journey! #beyourbest

How do the new reporting standards for Tier 3 and Tier 4 PBE entities impact your annual reporting?   The new External Reporting Board (XRB) standards for Tier 3 and Tier 4 PBE reporting entities are effective now for accounting periods beginning on or after 1 April 2024. It’s important to consider how these changes will impact your annual reporting, particularly since comparatives will need to be restated. For some entities, this may require significant time to evaluate and recode transactions to align with the increased minimum categories. Read more about Tier 3 and Tier 4 standards here: https://lnkd.in/gZCTUXQC #PBE #XRBStandards #AnnualReporting #Compliance

From the foreign investment fund (FIF) regime to trust disclosure rules and Inland Revenue audit activity, there are many complexities in New Zealand's tax landscape right now. In our recent webinar, Iain Craig, BDO Tax Partner, and Mark Lodder, BDO National Tax Leader, shared valuable insights on trending tax topics and offered tips to navigate common tax problems. Learn more and watch the recording below.

What are the core challenges facing Māori business leaders in Te Whanganui-a-Tara Wellington - and what can leaders do to navigate through these and maximise any opportunities? Mark Bewley, BDO Wellington Audit and Assurance Partner, speaks to Mike McRoberts about the headwinds affecting Māori business leaders in Wellington and beyond - and shares some helpful tips. For more insights, read our BDO Māori Business Sector Report 2024 here: https://lnkd.in/gG9pK9vi

As a leading trainer for auditing at BDO, Trust Karumbidza is passionate about learning and relishes the opportunities he gets to interact with people of all levels throughout the business. Learn more about Trust’s journey with BDO and how he’s been empowered to develop in his career: https://lnkd.in/gDeNfEfX

“Horticulture is a key contributor to our local economy in the Bay of Plenty. Local Māori business leaders in this industry face many challenges, including changes to the local labour force, weather events, and fluctuations in global supply and demand - so it’s easy to see how business performance sentiment has declined in the past few years." Watch Anqush Kumar, BDO Tauranga Senior Business Advisor, discuss Tauranga's Māori business sector with Mike McRoberts below. For more insights and tips, read our BDO Māori Business Sector Report 2024 here: https://lnkd.in/gdwfvVcD

Looking for some simple first steps in getting started with sustainability reporting? BDO Auckland Advisory Partner Gina Cook shares some practical tips for SMEs in this podcast. #sustainability #ESG

How are Māori business leaders in Tāhuna Queenstown facing into New Zealand's current economic conditions? Nathan Keil, BDO Southern Lakes & Central Otago Business Advisory Partner, says that with construction and tourism dominating the local economy, there are challenges for many - but local council initiatives may provide more positivity. Watch Nathan's kōrero with Mike McRoberts below. For more insights and tips, read our Māori Business Sector Report 2024 here: https://lnkd.in/gdwfvVcD

Congratulations to all the winners at Saturday's Westpac New Zealand Franchise Awards! It was fantastic to see such a strong community come together to celebrate business excellence across the franchise sector. Ka pai to Rob Daniels and the Hire A Hubby Limited team for taking out the BDO-sponsored Small Business Franchisee of the Year, and thank you to Franchise Association of New Zealand for another fantastic event.