Our Services

Being trusted by countless clients to add value to their businesses, we strive towards providing the necessary information and insights that fuel business success. Our vast array of professional services range from dedicated back-office administration, to accountancy and advisory services that help your business achieve success.

Farm Accounting

We get the agri-sector.

We have a passion for the Agri-sector. Our staff have and still work on-farm, and have advised clients across the full business cycle - "farm gate to the table"

This provides you with the most complete accounting and advisory service available.

Our services include:

Farm budgeting and cash flows;
Farm sales and purchases;
Ownership structures;
Preparation of easy to read, understandable financial statements;
Preparation of economic Farm Surplus statements showing your returns per hectare and per cow;
Seasonal planning;
Succession planning.

Business Transformation

Encompassing people, processes, and systems we will help you take your business and finance team to the next level.

Finance teams, are key to assisting and driving organisation growth. We have worked with a number of organisations to assess the capacity of their finance function and develop a road map that helps take the team to the next level and reduce / remove process inefficiencies.

One of the biggest areas for potential improvement are ‘manual’ operations and automating and removing these where possible.

Aligned to transforming your business we also specialise in automating and developing NZ IFRS and NZ PBE financial statement models which will cut out time from your year end.

Accounting Services

On time - accurate reporting - that is understandable.

No Job is too big or too small, our team work with businesses from sole operators to complex groups.

Annual reporting:

We prepare easy to understand / "plain english" annual reports - financial statements.

We will meet with you in person to discuss and interpret your accounts, and help plan future business strategies.

Monthly reporting:

Ensuring you know exactly where you are at is critical to allow on time decisions to be made.

We will tailor monthly reporting to fit your business and information needs to ensure you remain informed.

Business Advisory

Our aim is to ensure your business achieves the potential it's capable of.

We have the know-how and experience to act as a trusted business partner and sounding board for you. This will allow you to be opportunity ready, adapt as markets change and continue to grow your business.

Key areas we can help you with include:

Budgeting - Key for tracking progress, knowing cash requirements and often a prerequisite for external funding;
Preparation of cashflows & projected financials:
Conducting a strategic review of your business and developing a strategic plan;
Model development including business case and impairment assessments;
Analysing your business’s financial and operational performance;
Benchmarking your business against others in your industry;
Acting as a sounding board for you to test new opportunities and changes.

Tax Planning and GST

"In this world nothing can be said to be certain, except death and taxes."

Leave the compliance to us - Tax is complicated and ever-changing, we keep up-to-date on current and future laws so you can focus on growing and running your business.

As your tax agent with the Inland Revenue, our experienced team will ensure you remain compliant and up to date with all income tax and indirect tax, such as GST, requirements

We will keep you well informed of your tax liabilities so that you can budget for payments in advance a

We can also work with you to provide an an appropriate structure to facilitate your commercial objectives, protect your assets and for tax planning purposes.

Business Investigation

Ensuring the right questions are asked and you have the required information to hand.

Whether you are looking to sell, invest or take stock, we are here to help and ensure the right questions are asked and necessary answers gained through the process.

We can work with you at every stage of the process, including:

Preparation of financial forecasts, detailed business valuations and cashflow modelling;
Review of your goals and objectives, and advice on potential pitfalls and rewards;
Assistance with purchase price allocations and subsequent impairment testing of new or existing business units.
Advice on financing and structuring the sale and purchase agreement
We can be your ‘sounding board’ for directors, management or stakeholders and offer a fresh view on the proposed transaction.

Virtual CFO

Financial expertise without the expense.

All companies benefit from the expertise of an experienced CFO, particularly during growth when their financial situations become more complex. The issue is, hiring a full-time CFO is very costly!

Our Virtual CFO service is fully customisable to ensure the services meet your specific objectives. Key areas we can help include :

Creating customised financial plans, forecasts, and reporting formats
Examining cash flow gridlock
Developing profit-focused financial models
Interpreting financial statements, reports, and trends
Streamlining internal and external operational processes
Executing due diligence when considering an acquisition
Mitigating risk using “what if” scenarios when making strategic decisions
Helping you understand the financial controls in your business and making them stronger.

Estate & Succession Planning

We’ll help you to look at your current situation and develop a plan that will take you into the future.

We see our role as listening to what is important to you from life, what you want from business, helping you formulate a plan, and working alongside you and your other advisors to achieve this.

Planning early makes all the difference, whether setting up for a sale, transferring to a successor or preparing for changes within the business. We help you consider all possible circumstances beginning with working out the true worth of your estate/business and its future potential.

We can help you plan for the future, structure your savings and investment programme to suit your future needs, move assets in to appropriate entities such as family trusts, and take the worry out of estate planning.

Business Support

Helping you get back to business

Particularly with SME's an increasing amount of time is spent by owners / managers completing support services for the business vs. running and growing your business.

Whether you’re looking for managed services like outsourcing your accounting function, or assistance in streamlining operations, we have an experienced team ready to help.

Key areas include:

Payroll: We provide a comprehensive and confidential payroll service. Relax knowing that your staff and the IRD, will be paid the right amount, on time, every time.
Creditors: We can manage supplier invoices and their payment so you can stay on top of your bills and know what is due and when.
Bookkeeping: We can take care of all your bookkeeping and accounting needs, giving you up-to-date and accurate financial information - allowing you to get back to running your business.

Our services are able to be tailored to suit your business and size.

Financial Reporting

Our team have significant experience with NZ and International reporting standards, this has been built up through staff who have been previously been employed both domestically and internationally with the "Big 4".

Navigating the complexities of changing requirements with reporting standards can sometimes appear overwhelming, and time consuming.

We can help you, including with the below areas:

Financial statement model preparation and automation;
Consolidation of group companies;
Conversion scoping and transition assistance (NZ IFRS or PBE/IPSAS);
Assistance in accounting for complex situations such as leases or business combinations;
Assistance with how transactions should be presented under reporting standards or how / if you can present information in a certain manner; and
Projects to reduce the length and complexity of your existing financial statements disclosures.

We will assist you cut through these complexities in an efficient and helpful manner.

Assurance / Audit Services

Our team are able to assist you across the full spectrum of assurance and audit services including the below areas:

Internal Audit: An independent internal audit provides an objective evaluation of your risk management, internal control, and corporate governance processes, and how these can be further enhanced.
Financial Statement Audit: We have an experienced audit team specialising in the audit of schools, clubs and societies, and small to medium enterprises.
Review engagement: If assurance is needed, but a full audit is not required, a review engagement is a great option. This involves less work and is at a reduced cost. Reviews can be a good option for not-for-profit entities and other entities where a full audit is not required.
Agreed Upon Procedures: Involves completing procedures focused on specific areas i.e. inventory or debtors. This can often be a good way of satisfying funders where you don't won't to outlay the full cost of an audit.

We are also able to assist in other areas of assurance and risk management, and welcome the opportunity to talk further.

Contact us

We look forward to an initial free consultation to understand your business and how we can assist.

Hammond & Moir Limited