Charity financial reporting regulation: a comparative study of the UK and New Zealand

  • Carolyn J. Cordery, Rachel F. Baskerville
  • Accounting History, February 2007, SAGE Publications
  • DOI: 10.1177/1032373207072806

What is it about?

This paper considers early moves in New Zealand to more actively regulate charities. It compares in New Zealand (in 2007) with the UK, comparing the evolution of regulation for charity reporting. There are different drivers which create regulatory distinctions in two otherwise similar jurisdictions. We question whether the differences will lead to lower levels of accountability and transparency.

Why is it important?

Charities are becoming more highly regulated worldwide and yet they are subject to diverse, country-specific, financial reporting standards. While for-profit reporting is increasingly similar across the world, charities have proved to be an exception. The inevitable divergence increases the load on all involved in the charitable sector.


Professor Carolyn J Cordery
Aston University

This piece was written before New Zealand Charities Services (the regulator) was underway, however it provides a good historical piece on regulation in charities in NZ and England and Wales.

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The following have contributed to this page: Professor Carolyn J Cordery