Description

Purchase this two part webinar series as a package and save 10%.

Valued at $390 + GST, you get both webinars for just $351+ GST.

Incorporated Societies Part 1 2024 – Income Tax Considerations

Tues 26 Nov, 10:30 AM - 11:45 AM

Part 1 of our 2-part series - navigate the new Incorporated Societies Act 2022 and optimize your society’s income tax strategy. Perfect for governance and management teams, advisors, and financial officers of clubs and societies

Existing incorporated societies are reviewing their rules and if they decide to stay registered must re-register with the Companies Office under the Incorporated Societies Act 2022 by 5 April 2026.

New societies wanting to register will automatically register under the new Act. Now may be a good time to review an existing incorporated society’s approach to income tax.
The webinar will cover:

• The taxation framework for clubs and societies
• Income tax exemptions
• Allowable deductions
• The taxation approach for mutual associations

This webinar will suit those involved in the governance and management of clubs and societies, their advisors and those with financial reporting and taxation filing obligations.

LEARNING OUTCOMES

Attendees should gain an understanding of:

• The appropriate taxation status for their club or society
• Eligibility for specific income tax exemptions
• Applying the mutual association rules in the Income Tax Act 2007

SUITED TO

This webinar will suit those involved in the governance and management of clubs and societies, their advisors and those with financial reporting and taxation filing obligations.

PRESENTER

Alex Davidson, Partner – Tax Advisory, Findex (presenting on behalf of TEO).

Alex joined Findex in May 2012 as a Specialist Tax Adviser and brings over 20 years of experience in accounting, commercial and teaching roles. He has broad experience advising on tax issues across a range of tax types and clients, from structuring advice to guiding high net worth individuals and investment trusts in their tax obligations. Alex has a particular interest in assisting innovative start up businesses, including helping them move offshore.

Incorporated Societies Part 2 2024 – Reporting

Wed 27 Nov, 10:30 AM 11:45 AM

Part 2 of our 2-part series – understand the new financial reporting requirements for Incorporated Societies, including the reporting tiers and standards, and master the transition process—essential for anyone in governance or financial reporting roles

The financial reporting requirements for Incorporated Societies is changing. Incorporated Societies will need to get familiar with how their reporting will change, what to look out for and how to manage a financial reporting transition project.
The webinar will cover:

• What the reporting tiers for Incorporated Societies are
• What the reporting standards are for each tier
• Key differences in reporting standards
• How to effectively manage a transition project

This webinar will suit those involved in the governance of Incorporated Societies and those with financial reporting responsibilities for Incorporated Societies.

LEARNING OUTCOMES

An understanding of:

• What reporting tiers there are for different Incorporated Societies
• The relevant reporting standards for each reporting tier
• The key differences in each set of reporting standards
• Significant areas of judgement that will be common for Incorporated Societies in preparing financial statements
• The level of work required in transitioning from the existing accounting framework to an accounting framework required by the Act
• Tips on how to successfully manage the transition project.

SUITED TO

This webinar will suit those involved in the governance of Incorporated Societies and those with financial reporting responsibilities for Incorporated Societies.

PRESENTER

Paul Walker, Associate Partner, Crowe Australasia (presenting on behalf of TEO).

Paul specialises in providing audit and assurance services and technical accounting advice across a wide range of industries. He is part of the wider Australasian accounting advisory team and delivers training and practical solutions for the firm’s teams and clients.
Paul has been with Findex and Crowe since 2009 and has developed his knowledge working with clients from a range of industries and locations throughout New Zealand.

Please note you can purchase these webinars individually.

Click here to view Webinar 1

Click here to view Webinar 2