Latest from Accountancy

First liquidator's report out on Actura NZ: debts of $3.6m listed

Director blamed the pandemic as well as a failure to secure urgent funding to keep going.

Hnry gears up for growth with new office and global plans

Staff have moved into the new Wellington headquarters.

Auckland real estate agency fined $7000, censured for 25 audit breaches

Breaches which occurred during a three-year period resulted in a tribunal ruling.

Brown v Bishop on housing ‘flood’; Mayor’s wharf dream inches closer

Auckland Council versus Government on freeing up land on the outskirts. Who will win?

New homes from $49k: House Me cuts prices

New showroom is about to open at Wigram in that fast-growing area of Christchurch.

Paula Ryan manufacturer and outlet store in liquidation with $1m owing

The company, which made the clothes and sold them at NorthWest, has gone under.

New Talisman obtains additional finance, auditor signs off revised annual report

Auditor signs off revised annual report.

Property Insider: Insolvent modular apartment-builder owes $51.7m

A modular housing project has a big financial fallout, liquidators picking up the pieces.

Cocktail of trouble: How food packaging business failed

A big change aimed at boosting profits ended up backfiring.

PwC faces crisis in China over audit of failed property giant Evergrande

Financial Times: Role in approving failed property giant’s accounts has led to infighting.

NZ dairy business blames Ethiopian ministry for insolvency

'Pioneering' company wanting to develop heat-tolerant cattle hit trouble overseas.

Accountant shortage prompts US plan for quicker path to qualification

Financial Times: Pressure to cut educational requirement has grown as new recruits dry up.

Times Newspapers in liquidation, owes $962,000

IRD debts put at $475,000, unsecured creditors owed $433,000, staff are owed $51,000.

Build Partners in voluntary administration, was partway through building 91 Kāinga Ora units

Grant Thornton is now in charge of the construction business, which built 700 state homes.

Video production business insolvent, estimated to owe $800k

Director said video company was 'another victim of Covid', according to liquidator.

ELE group collapse: Deloitte receiver pays 844 sacked ELE workers $1.25m

Payment so far is only 35c in the dollar. Deloitte plans a further distribution soon.