Silks Audit carries out a number of Harness Racing, Thoroughbred, and trotting clubs and racing board audits.
As required by section 28(1) of the Racing Act 2003 every racing code and racing club must send to the New Zealand Racing Board a copy of its audited financial statements for that year.
The financial statements must be in a form and based on accounting principles determined by the New Zealand Racing Board.
Every racing code has to file their audited financial statements by the 31 December following the end of the financial year.
NZRB have determined that the PBE Standards will be applied to every racing code. Depending upon the level of operating expenditure will determine the tier of reporting.
Please contact us for your auditing requirements.
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