Annual financial statements
Preparation of year-end financial statements for companies, sole traders, partnerships and trusts.
Accounting & Compliance
Accounting & Compliance
Accurate accounts, clear reporting and practical support to help your business meet its New Zealand tax and reporting obligations.
We work with sole traders, companies, partnerships and trusts. We prepare the required accounts and returns, explain the results in plain language and help you understand what needs attention next.
What we help with
Income tax returns
Preparation and filing of the relevant income tax returns with Inland Revenue.
Management reporting
Regular reporting to help you monitor profitability, expenses, cash flow and business performance.
GST and related compliance
Support with GST obligations and related accounting records. Detailed GST services can link to the Tax Services page.
IRD correspondence
Communication with Inland Revenue on your behalf where Aura is authorised to act.
Company and record-keeping support
Practical assistance with the accounting information and records needed to support ongoing business compliance.
Why your annual accounts matter
Annual accounts are not only a filing exercise. They show how the business performed, where money was earned and spent, what the business owns and owes, and whether anything needs attention before the next financial year.
Aura will review the completed accounts with you and explain the key figures in practical terms. The aim is to leave you with a clear view of your position rather than a set of reports you never use.
How we work
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1
Gather the information
We confirm what records are needed and provide a clear request list through the agreed channel or client portal.
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2
Prepare and review
We complete the accounting work, review unusual items and contact you where clarification is required.
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3
Explain the outcome
We discuss the completed accounts, tax position and any important matters in plain language.
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4
Confirm next steps
We identify upcoming obligations and any actions that should be carried into the next period.
Who this service is for
New Zealand sole traders, owner-managed companies, partnerships, trusts and property-related entities that need reliable accounts, tax compliance and a clearer understanding of their financial position.
Common questions
Do I need annual financial statements?
The requirements depend on your entity, activities and reporting obligations. Even where a full set of special-purpose financial statements is not legally required, accurate year-end accounts are commonly needed to complete tax returns and understand business performance.
What information will you need from me?
This usually includes access to your accounting records, bank and loan information, invoices or supporting documents, details of assets and finance arrangements, and answers to any year-end queries. Aura should provide a specific request list rather than a generic checklist.
Can Aura work with Xero?
Yes. Aura works with Xero and cloud-based accounting records.
Can you deal with Inland Revenue for me?
Where Aura is formally appointed and authorised, it can communicate with Inland Revenue in relation to the agreed tax matters.
How often should accounts be reviewed?
Year-end review is the minimum for many small businesses. Businesses that are growing, managing tight cash flow or making significant decisions may benefit from monthly or quarterly management reporting.
Need help getting your accounts and compliance work in order?
Book a consultation to discuss your business, current records and upcoming obligations.