KICS Occasional Update: Feb 2016

In case you did not spot this from NZQA

Key 2016 Dates

Compliance summary for March-May 2016


Student Fee Protection audit

To NZQA within five months of PTE’s financial year-end

For PTEs with a financial year-end of 31 December 2015, due 31 May 2016



Annual Return – Statutory Declaration

To NZQA within five months of PTE’s financial year-end

For PTEs with a financial year-end of 31 December 2015, due 31 May 2016



Annual Return –chartered accountant’s attestation

To NZQA within five months of PTE’s financial year-end

For PTEs with a financial year-end of 31 December 2015, due 31 May 2016

Independent Assurance Practitioner’s Review (IAPR) Report replaces NZQA’s customised Chartered Accountant Professional Attestation (CAPA)



SFP quarterly attestation – quarter ending 29 February 2016

14 March 2016 to NZQA

No longer required for standard trusts – only for static trusts or bank bond trusts



Compliance declaration

Submission of self-assessment material

Not an annual requirement; only required before external evaluation and review



Fit and Proper Person and Conflict of Interest declarations

With new applications for registration; also, for proposed new governing members* of registered PTEs

*See Section 232 of the Education Act 1989 for the definition of governing member

Must be completed by all new governing members before commencing in the role, and at any time when an existing governing member has a new conflict of interest or change in fit and proper status.

Trust the year is going well

Enjoy !! the year has started well after a great summer break