Burning through the books: the accounting struggle behind the SkyCity NZ International Convention Centre fire

The NZICC fire shut down Auckland's CBD for several days but its financial effects have rippled on for many years. (Image: NZME)

Dileepa Fonseka

Wed, 11 Sep 2024

Fire and Emergency NZ described the New Zealand International Convention Centre fire as one of the largest “loss fires” in NZ history, but the financial reporting exercise that followed may well go down as one of the most complicated accounting tasks in our country’s business history, too.Richard Smyth, former SkyCity deputy chief financial officer, and Jackie Russell-Green, former general manager of group finance for SkyCity, discussed the complexities of the exercise at a summit of chief financial officer...

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