Back to Insights

Iwi Auditors

Which audit firms serve iwi organisations

Audit Firms

16

Unique firms serving iwi

Iwi With Auditor Data

32

67 auditor-year records

Big 4 Clients

10

KPMG, PwC, EY, Deloitte

Auditor Changes

2

Detected auditor switches

Market Share by Client Assets

PwCBig 4
42.5%
$3.7B
42.5%
29.9%
$2.6B
29.9%
$692.8M
8.0%
Silks Audit
$587.4M
6.8%
$230.0M
2.6%
KPMGBig 4
$158.2M
1.8%
$141.1M
1.6%
Cookson Forbes
$136.6M
1.6%
PKF Aickin
$109.0M
1.3%
PKF Francis Aickin Limited
$105.2M
1.2%
Independent Auditors
$104.1M
1.2%
Not specified in extract
$86.3M
1.0%
$36.8M
0.4%
{"name":null,"full_name":null}
$6.8M
0.1%
Cotton Kelly
$1.9M
0.0%
BVO Audit
$0
0.0%

Concentration Analysis

TierFirmsClientsClient AssetsShare
Big 4310$6.4B74.2%
Mid-Tier410$1.1B12.7%
Boutique914$1.1B13.1%

Auditor Portfolios

PwCBig 4NZX Auditor

7 iwi clients

Client assets: $3.7B

+ 28 NZX companies →

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Waikato-Tainui$2.4B$141.6MMar 20247 yrsClean
Te Rūnanga o Ngāti Porou$298.0M$66.1MJun 20231 yrClean
Raukawa Settlement Trust$283.0M$16.2MJun 20256 yrsClean
Ngāti Raukawa ki te Tonga$259.5M$19.9MJun 20242 yrsClean
Ngāti Maniapoto$256.0M$15.0MMar 20251 yrClean
Ngāruahine$120.0M$5.5MJun 20251 yrClean
Ngāti Ruanui$77.9M$16.3MMar 20241 yrClean
Ernst & YoungBig 4NZX Auditor

2 iwi clients

Client assets: $2.6B

+ 12 NZX companies →

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Ngāti Whātua Ōrākei Trust$1.6B$97.2MJun 20232 yrsClean
Ngāti Toa Rangatira$1.0B$163.5MJun 20252 yrsClean
BDONZX Auditor

5 iwi clients

Client assets: $692.8M

+ 3 NZX companies →

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Ngāi Tūhoe$453.4M$21.2MMar 20251 yrClean
Ngāti Whakaue$88.6M$6.7MJun 20241 yrClean
Ngāti Rārua$72.6M$5.7MMar 20251 yrClean
Ngāti Whare$64.8M$15.9MJun 20243 yrsClean
Ngāti Ranginui$13.4M$10.4MJun 20232 yrsClean

Silks Audit

5 iwi clients

Client assets: $587.4M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Kāhui o Taranaki$182.0M$10.8MJun 20253 yrsClean
Te Ātiawa (Taranaki)$154.1M$5.5MJun 20247 yrsClean
Whanganui$120.1M$5.0MJun 20231 yrClean
Rangitāne o Wairau$97.4M$5.0MJun 20241 yrClean
Ngāti Mutunga (Taranaki)$33.8M$3.9MSept 20223 yrsClean
CroweNZX Auditor

2 iwi clients

Client assets: $230.0M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Ngāti Pāhauwera$123.3M$6.9MJun 20252 yrsClean
Ngāti Tūwharetoa$106.7M$9.8MJun 20252 yrsClean
KPMGBig 4NZX Auditor

1 iwi client

Client assets: $158.2M

+ 14 NZX companies →

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Tātau Tātau o Te Wairoa$158.2M$29.4MJun 20251 yrClean
Grant ThorntonNZX Auditor

2 iwi clients

Client assets: $141.1M

+ 4 NZX companies →

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Rūnanga-Ā-Iwi-Ō-Ngāpuhi$112.3M$28.2MJun 20251 yrClean
Tapuika$28.8M$6.9MJun 20251 yrClean

Rotation History

Cookson Forbes

2 iwi clients

Client assets: $136.6M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Arawa Lakes Trust$102.4M$20.5MJun 20251 yrClean
Ngāi Tai ki Tāmaki$34.2M$5.2MMar 20251 yrClean

PKF Aickin

1 iwi client

Client assets: $109.0M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Rarawa$109.0M$29.0MJun 20231 yrClean

Rotation History

+ Gained Te RarawaFY2023

PKF Francis Aickin Limited

1 iwi client

Client assets: $105.2M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Rarawa$105.2M$26.7MJun 20222 yrsClean

Rotation History

− Lost Te RarawaFY2023

Independent Auditors

1 iwi client

Client assets: $104.1M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Ngāti Apa ki te Rā Tō$104.1M$2.5MMar 20251 yrClean

Not specified in extract

1 iwi client

Client assets: $86.3M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Rūnanga-Ā-Iwi-Ō-Ngāpuhi$86.3M$36.7MJun 20221 yrClean

Rotation History

William BuckNZX Auditor

1 iwi client

Client assets: $36.8M

+ 3 NZX companies →

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Uri o Hau$36.8M$8.1MMar 20244 yrsClean

{"name":null,"full_name":null}

1 iwi client

Client assets: $6.8M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Te Ātiawa ki Whakarongotai$6.8M$2.2MMar 20251 yrClean

Cotton Kelly

1 iwi client

Client assets: $1.9M

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Muaūpoko$1.9M$1.6MMar 20201 yrClean

BVO Audit

1 iwi client

Client assets: $0

OrganisationTotal AssetsRevenueFY EndTenureOpinion
Ngāti Paoa-$2.4MJun 20251 yrClean

Auditor Changes Detected

Iwi that switched auditors between consecutive financial years.

IwiFrom AuditorTo AuditorPeriod
Te Rūnanga-Ā-Iwi-Ō-NgāpuhiNot specified in extractGrant ThorntonFY2022 → FY2025
Te RarawaPKF Francis Aickin LimitedPKF AickinFY2022 → FY2023

Audit Fees by Year

Per-year audit fees reported in iwi financial statements. Not all iwi disclose audit fees.

OrganisationAuditorFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Ngāti Whātua Ōrākei TrustErnst & Young$322K$348K
Waikato-TainuiPwC$235K$235K
Ngāi TūhoeBDO$166K
Ngāti ManiapotoPwC$153K
Te RarawaPKF Aickin$144K
Ngāti RāruaBDO$130K
Ngāti RuanuiPwC$105K
Ngāti PaoaBVO Audit$91K
Ngāti WhareBDO$32K$32K$58K
Te Uri o HauWilliam Buck$44K$65K$159K$48K
TapuikaGrant Thornton$45K
Ngāti TūwharetoaCrowe$40K$43K
Ngāti Apa ki te Rā TōIndependent Auditors$37K
Te Arawa Lakes TrustCookson Forbes$31K
Ngāti PāhauweraCrowe$30K
Raukawa Settlement TrustPwC$18K$15K$32K$25K$27K
Te Ātiawa (Taranaki)Silks Audit$15K$18K$20K$21K$26K$26K
Ngāti Raukawa ki te TongaPwC$15K$25K
Ngāti WhakaueBDO$22K
Te Kāhui o TaranakiSilks Audit$19K$19K
Te Ātiawa ki Whakarongotai{"name":null,"full_name":null}$18K
Ngāti Mutunga (Taranaki)Silks Audit$18K$18K
Ngāti RanginuiBDO$18K$10K
NgāruahinePwC$7K
Ngāti Toa RangatiraErnst & Young$308
Te Rūnanga o Ngāti PorouPwC$205

About This Data

Auditor information is sourced from iwi annual report financial statements. Not all iwi disclose their auditor in publicly available reports. Auditor names have been normalised where variants exist (e.g. "BDO Wellington" and "BDO Rotorua" are grouped under "BDO"). Tenure is calculated from available data years only and may undercount actual engagement length. This page presents data availability only and does not assess audit quality or independence.

Data sourced from Iwi annual reports and financial statements. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.

For informational purposes only. Not investment advice.