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NZ First For Accounting Practice

NZ FIRST FOR ACCOUNTING PRACTICE

In what is believed to be a New Zealand first, a New Zealand accounting firm has become part of a publicly listed Australian company.

Taupo-based accounting firm, Iles & Campbell Limited today announced it has joined Harts Australasia Limited (Harts). Iles & Campbell Director, David Steele said the move dramatically increases the range of financial services the company can now offer.

“We wanted to increase the range of financial services on offer to our clients and to add value to our core accounting and business development practice. Our deal with Harts now provides the expertise and infrastructure to allow this to happen,” Mr Steele said.

Harts is a Queensland-based accounting and financial services business. Established in 1979 as a sole practitioner accounting practice by Steve Hart, Harts successfully listed on the Australian Stock Exchange in May 2000.

Harts is an active acquirer of financial services, funds management, financial planning and accounting businesses in Australia and New Zealand. Six months ago, Harts acquired New Zealand financial services company, Reeves Moses; Iles & Campbell is the company’s first New Zealand accounting practice acquisition.

“in essence, we now become a ‘one-stop-shop’ for all financial services needs. We have the ability to take a potential client’s entire financial position, including taxation considerations, into account before making any suggestions. We believe this integrated approach will appeal strongly to our core small to medium size business client base,” Mr Steele said.

The former Iles & Campbell team remains unchanged and is joined by former Reeves Moses financial advisor, Steven Rogers. David Steele will take on additional responsibilities as Managing Director, Harts Accounting Group Limited.

“My new role will see Harts begin an active acquisition programme in New Zealand. Harts has an enviable, proven track record in Australia where it successfully leverages off its accounting relationships to provide diversified financial services to clients.

“We fully expect our New Zealand operation to mirror Harts’ Australian success story,” Mr Steele said.

[ends]

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