SERVICES / INDEPENDENT REVIEW
Independent Review
An independent examination of your financial statements, conducted in accordance with NZ Review Engagement Standards (ISRE 2400). We provide a meaningful level of assurance for your stakeholders, along with the insight your leadership values.
SCOPE
What’s included
Review engagement conducted per ISRE 2400 / NZ standards
Independent review report for regulatory or grant purposes
Analytical procedures across all financial statement areas
Management inquiry and representation
Summary of findings and observations
Direct communication with our team throughout
IS A REVIEW RIGHT FOR YOU?
When a review fits
Smaller organisations
Charities and schools below the statutory audit threshold that still need external assurance for their board or funders.
Interim reporting
Mid-year financial reports and progress reporting where timely limited assurance is needed.
Grant acquittals
Many funders: Lotteries, Community Trusts, government departments all require a review for grant acquittal purposes.
Board governance
Boards that want external perspective and confidence without the full scope and cost of a statutory audit.
Audit vs Review
| Aspect | Audit | Review |
|---|---|---|
| Level of assurance | Reasonable (high) | Limited |
| Procedures | Extensive testing & verification | Analytical procedures & inquiry |
| Required for | Statutory reporting, large entities | Governance, grant compliance, smaller orgs |
| Report issued | Independent Auditor's Report | Independent Review Report |
| Relative cost | Higher | Lower |
WHO WE WORK WITH
Industries we work with
Companies
For-profit companies, special purpose entities and NZ IFRS Reduced Disclosure Regime (RDR) reporters — we know exactly which requirements apply and which don't. Full audits that give lenders, banks and other external stakeholders the confidence they need in your financials.
Not-for-Profits & Charities
Registered charities, community trusts, and NFPs with Charities Services obligations and grant funder accountability.
Incorporated Societies
Sports clubs, cultural groups, community associations. Plus everything you need to know about the new Incorporated Societies Act 2022.
Education
Schools, kura, and early childhood providers. Our specialist focus — we know the MoE funding landscape inside out.
No surprises, ever
Every finding is discussed verbally with management before it appears in any written report.
CA ANZ members
Subject to mandatory ongoing CPD, ethical conduct standards and professional disciplinary processes.
ISRE 2400 on every review
We conduct reviews to the New Zealand Standard on Review Engagements (ISRE 2400), issued by the XRB — the same independent standard applied across all registered NZ auditors performing review work.
Fixed fees, clear scope
Wherever possible we agree a fixed fee upfront. No surprise invoices as the engagement progresses.
Free initial consultation
We'll discuss your situation before proposing anything — no obligation, no cost.