Financial evidence for your accreditation application

For faster application processing, provide the latest available evidence your business is viable and genuinely operating when you apply to be an accredited employer and when you apply to renew your accreditation.

Your evidence should show how you meet 1 of the 4 requirements to be considered viable and genuinely operating.

• Your business has not made a loss (before depreciation and tax) over the last 24 months.
• Your business has had a positive cash flow for each month in the last 6 months.
• Your business has sufficient capital or external investments to ensure the business remains viable and ongoing. Funding can come from a founder, parent company, trust or another source.
• Your business has a credible plan for at least the next 2 years, showing how you plan to remain viable and ongoing. For example, having contracts for work.

You do not need to provide evidence your business is viable and genuinely operating if you are a:

• New Zealand government department
• foreign government including foreign missions
• crown entity, state owned enterprise, non-listed company where the crown is the majority shareholder, or government department included in the government reporting entity under the Public Finance Act 1989
• local authority, for example a council
• state or state-integrated school
• publicly listed company on the New Zealand Exchange (NZX) with at least 100 employees.

Your business has not made a loss in the last 24 months

Examples of evidence include:

• latest available Inland Revenue (IR) tax return documents, for example an IR4 Companies income tax return and an IR10 Financial statement summary, or
• last available annual reports or financial statement for the organisation for the past 24 months, for example links to a publicly available annual reports.

If there is a period not covered by previous financial reports, you can provide an interim financial report. For example, if you are applying in August 2024, you can provide an interim financial report covering between April 2024 and August 2024.

Your business has had a positive cash flow for each month in the last 6 months

Evidence to provide includes:

• Annual reports or financial statement for the organisation for the past 24 months, for example links to a publicly available annual reports, and
• a current 6-month cashflow statement that is broken down by month.

Your business has sufficient capital or external investments

Evidence should include:

• annual reports or financial statement for the organisation for the past 24 months, for example links to a publicly available annual reports, and
• bank statements showing the available balance, and
• financial forecasts or cashflow projections.

If your financial accounts for the latest financial year are not ready, you can provide a draft copy.

Your business has a credible 2-year business plan

Evidence should include your 2-year business plan.

We recommend your 2-year business plan include:

• evidence of future work or contracts
• total capital investment
• the budget for any operational expenses, including wages or salaries
• latest organisational charts
• evidence of market research, if relevant or available.

We recommend you also provide:

• financial forecasts or cashflow projections for the organisation for the next 2 years, and
• IRD tax return documents for the last 2 years, for example IR4 companies income tax return and an IR10 Financial statements summary, or your most recent annual reports or financial statements for the organisation.

If your financial accounts for the latest financial year are not ready, you can provide a draft copy.