Auditing and Accountability Articles

James Jong IIANZ Board member and Chair of its Advocacy Committee

Human elements of agency risk – conduct and culture

3 June 2019

James Jong

Member of Advocacy Committee

Institute of Internal Auditors New Zealand

The importance of speaking up

Two years ago, I wrote an article in this newsletter espousing the internal auditor as the conscience of organisations. Their functional independence, professional objectivity and direct access to governors and executives enable and empower them to speak truth to power.

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Fairer tax through transparent reporting

7 May 2019

Joanna Spratt

Advocacy and Campaigns Director

Oxfam New Zealand

Wherever we live in this world, we all need the same things – a safe home to live in, nutritious food to eat, clean water to drink, and the knowledge and skills to help our communities flourish. What is crucial for meeting these everyday human needs are transparent and fair global tax systems.

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Perception versus reality, it’s time to take a closer look…

26 February 2019

by Bernie McKendrey
Deputy Chair
The Institute of Internal Auditors New Zealand

Examples of Poor Control

The few recent public examples below would suggest that we do indeed need to sharpen up our governance and control environment.

2018 New Zealand Transport Authority Fraud 2018 Waikato District Health Board CEO Fraud 2016 Milford Asset Management Market manipulation 2016 Victoria University Fraud 2015 Immigration New Zealand Bribery & Read more…

Blockchain – Fad or Fail?

7 August 2018

Tod Cooper

Blockchain

“Blockchain is a distributed ledger technology with the power to change the world. That doesn’t just mean banking, business, legal services and supply chains but the way all of us buy and sell, control our assets and live our lives.”Judy Wilford – Blockchain for beginners.

 

Tod Cooper
Member with delegated authority for
Procurement/ Online Training/ Whistleblowing

By Tod Cooper

Member with delegated authority for Procurement

Initial version appeared in Employers and Manufacturers Association BusinessPlus Magazine

What is Blockchain? Read more…

Banking Ombudsman Scheme

14 July 2018

Liz Brown

by Liz Brown

TINZ Member with Delegated Authority
Financial Integrity System Assessment

The Banking Ombudsman has become a structurally independent part of the finance sector.

Ombudsmen help address imbalances of power when an individual has a grievance against a large and powerful organisation. They originally dealt with grievances between individuals and government departments and agencies.

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Trust, transparency and business

31 May 2018

Declan Mordaunt

Declan Mordaunt
TINZ Member with Delegated Authority for T20 Professional Services Network

Under the title of “the Trust Crisis”, the April/May Edition of Acuity (the magazine of Chartered Accountants Australia and New Zealand) contains two articles on the topic of trust and business. Each emphasises the important role of trust for businesses and the need for transparency.

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Top rating for New Zealand from Global Tax Forum

3 May 2018

by Gaye Searancke

Deputy Commissioner

Inland Revenue, New Zealand

New Zealand gets top rating from the Global Forum on Exchange of Information for Tax Purposes (the Global Forum)

New Zealand was recently involved in a new and enhanced peer review process conducted by the OECD’s Global Forum. Gaye Searancke,

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Internal auditing – is about exercising judgement (Part 2)

4 April 2018

by Sylvester Shamy

Chairman of the Institute of Internal Auditors NZ
and 2016 NZ Internal Auditor of the Year

Editor’s note: The Institute of Internal Auditors is a TINZ Affiliate and a regular contributor to the Transparency Times on the subject of internal auditing.

In our February newsletter we explored the difference between “doing things right” and “doing the right thing” from an internal auditor’s perspective.

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How can Internal Audit assist with responding to Fraud and Corruption?

2 November 2017

Melissa Bailey

IIA NZ Board Member

The foundations of a good fraud and integrity programme are prevention and detection programmes.  But even with the best organisational culture, and the correct safeguards in place, at some point allegations of fraud or corruption will surface.

At this point, your response framework should kick into action.

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Internal Audits role in whistleblowing

21 August 2017

by James Rees-Thomas

Institute of Internal Auditors New Zealand board member

As we often hear on the sports field – it ends at the final whistle. But when it comes to reporting inappropriate behaviour in an organisational setting, this metaphorical blowing of the whistle actually signals the start of a very important process. The whistle can only be blown effectively if the action occurs from within a well-constructed and supportive framework.

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