Peter Shields

Managing Partner – Audit and Assurance

Bachelor of Economics
Fellow of Chartered Accountants Australia and New Zealand
Associate Member of the Institute of Internal Auditors

Peter commenced with Saward Dawson in 1999 to lead the Audit Division and was admitted as a partner in 2000. During Peter’s time at Saward Dawson, the audit and assurance division has focussed on the delivery of high quality audit and providing value to clients through our experience, insight and passion. Prior to joining Saward Dawson, Peter was a senior manager a multinational firm, working in audit, M&A, consulting and the business advisory division in Australia and the USA.

Peter has many years of experience working in various capacities with commercial and non-profit organisations. Peter sits on the ACNC professional advisor group, is a regular contributor to the Australian Accounting Standard Board, Chartered Accountants Australian and New Zealand, is the current chair of the Australian Not for Profits Accountant Network, and chairs the CA ANZ Not for profit discussion group.

Peter has a real passion for training and mentoring and leads our staff training and recruiting activities.

Get in touch with Peter through our contact page.

NFP Fringe Benefit Tax

Fringe Benefit Tax is payable by employers who provide fringe benefits to their employees. The two fringe benefit concessions available to certain types of NFPs are FBT exemption and FBT rebate. FBT exemption This is an exemption from paying FBT. Certain NFPs such as public benevolent institutions and health promotion charities are eligible to receive […]

NFP GST concessions

There is a range of GST concessions available to NFPs. These include: sale of food through tuck shops or canteens are treated as input taxed gifts to NFPs are not considered payment for sale increased GST registration threshold of $150,000 etc. There are additional concessions available for charities, gift deductible funds and government schools. These […]

Protect with internal governance

Broadly speaking, corporate governance is the systems or processes adopted to direct and manage an organisation. It extends to all processes used to ensure proper accountability, probity and openness in the conduct of an organisation’s activities. A NFP’s governance will usually be made up of volunteers and as a result it is sometimes hard to […]

Opportunities for experienced leaders

Uncertain and turbulent economic conditions frequently result in organisations reducing headcounts, deferring training and staff development expenditure, cancelling celebratory events and failing to prioritise strategy retreats and staff briefings. Management can tend to limit their contact and direct support for employees, choosing instead to lock themselves in meetings, intent on fixing problems. Clearly, immediate problems […]

Deciding if we need an audit

Organisations are required to undertake audits for a variety of reasons: As directed by a regulator As directed by the governing documents such as rules or constitution As directed by an external party (eg. as part of a banking agreement) As directed to by members The requirements for audit vary greatly depending on the type […]

Peter Shields

Managing Partner – Audit and Assurance

When out
of the office

Peter Shields's Articles

NFP Fringe Benefit Tax

NFP GST concessions

Protect with internal governance

Opportunities for experienced leaders

Deciding if we need an audit

Peter Shields

Managing Partner – Audit and Assurance

When out of the office

Peter Shields's Articles

When out
of the office