David Waine

David Waine is the director for Matley Financial Services Limited, a financial advisory company that specializes in tax and trust advice.  David is a Chartered Accountant, Chair of the Waikato-Bay of Plenty Institute of Chartered Accountants and Trust Special Interest Group.  David has presented at a number of local and national conferences in the area of compliance for trusts and taxation issues surrounding the distribution and running of trusts.  David is a member of the New Zealand Trustees Association and an Accredited Investment Fiduciary.

David will be presenting on the issues that surround the on-going compliance of the trust.  Often the trust is established and then filed in the bottom draw.  However, for effective administration of the trust, it is important to ensure that good accounting standards are applied.

As part of the compliance of Trusts it is important to know how to account for the assets of the trust and how those assets have been applied to generate income.  The decisions of the trusts are minuted, and these must be reflective of the underlying accounting transactions.

Additionally the accountant is becoming more of an advisor to the trust, and part of the presentation will focus on the questions to ask of the accountant and what information should be received from the accountant.