Financial reporting by New Zealand charities: finding a way forward

Purpose – Charities are becoming recognised as playing an important part in communities by furthering government’s social objectives through increasing support to disadvantaged members of society. As charities multiply in number, it becomes increasingly difficult for fund providers and contributors to determine which charity to support. In New Zealand there is a move towards providing public access to the financial accounts of charities to assist stakeholders in their decision making and to enhance transparency in charities. However, this assumes that these financial accounts are understandable by all stakeholders. This paper aims to identify four problems that limit the way forward for financial reporting by New Zealand charities. Design/methodology/approach – The first section of the paper comprises a review of the literature on charities’ financial accounts with a particular focus on the four problems identified above. The paper then reports the results of eight interviews with charitable organisations, auditors and academics that have expertise in charity financial reporting, with a particular emphasis on the four identified problems. Findings – There was agreement that unresolved, these four problems could limit the way forward in financial reporting by New Zealand charities. Some recommendations are proposed that suggest a way forward with regard to these problems, so that the users of the financial reports of charities may benefit. Research limitations/implications – Highlights a need for further research into these problems to identify the feasibility of the proposed recommendations. Originality/value – The enactment of the Charities Act 2005 in New Zealand and its requirement to include financial accounts on a publicly available register has raised the profile of the financial reports of charities. However, there has been limited research into the financial reporting by New Zealand charities, so this paper is a timely evaluation of four specific problems that could limit the way forward of financial reporting by New Zealand charities

Retrieval of atmospheric static stability from MST radar return signal power

International audienceAn empirical technique for retrieving profiles of the square of the Brunt-Väisälä frequency, ?B2, from MST radar return signal power is presented. The validity of the technique, which is applied over the altitude range 1.0-15.7km, is limited to those altitudes at which the humidity contributions to the mean vertical gradient of generalised potential refractive index, M, can be ignored. Although this is commonly assumed to be the case above the first few kilometres of the atmosphere, it is shown that humidity contributions can be significant right up to the tropopause level. In specific circumstances, however, the technique is valid over large sections of the troposphere. Comparisons of radar- and (balloon-borne) radiosonde-derived ?B2 profiles are typically quantitatively and qualitatively well matched. However, the horizontal separation between the radar and the radiosondes (which were launched at the radar site) increases with increasing altitude. Under conditions of mountain wave activity, which can be highly localised, large discrepancies can occur at lower-stratospheric altitudes. This demonstrates the fact that radiosonde observations cannot necessarily be assumed to be representative of the atmosphere above the launch site

Inhomogeneity in the Supernova Remnant Distribution as the Origin of the PAMELA Anomaly

Recent measurements of the positron/electron ratio in the cosmic ray (CR) flux exhibits an apparent anomaly, whereby this ratio increases between 10 and 100 GeV. We show that inhomogeneity of CR sources on a scale of order a kpc, can naturally explain this anomaly. If the nearest major CR source is about a kpc away, then low energy electrons ($\sim 1$ GeV) can easily reach us. At higher energies ($\gtrsim 10$ GeV), the source electrons cool via synchrotron and inverse-Compton before reaching Earth. Pairs formed in the local vicinity through the proton/ISM interactions can reach Earth also at high energies, thus increasing the positron/electron ratio. A natural origin of source inhomogeneity is the strong concentration of supernovae in the galactic spiral arms. Assuming supernova remnants (SNRs) as the sole primary source of CRs, and taking into account their concentration near the galactic spiral arms, we consistently recover the observed positron fraction between 1 and 100 GeV. ATIC's electron excess at $\sim 600$ GeV is explained, in this picture, as the contribution of a few known nearby SNRs. The apparent coincident similarity between the cooling time of electrons at 10 GeV (where the positron/electron ratio upturn), $\sim 10$ Myr, and the CRs protons cosmogenic age at the same energy is predicted by this model

The Indirect Search for Dark Matter with IceCube

We revisit the prospects for IceCube and similar kilometer-scale telescopes to detect neutrinos produced by the annihilation of weakly interacting massive dark matter particles (WIMPs) in the Sun. We emphasize that the astrophysics of the problem is understood; models can be observed or, alternatively, ruled out. In searching for a WIMP with spin-independent interactions with ordinary matter, IceCube is only competitive with direct detection experiments if the WIMP mass is sufficiently large. For spin-dependent interactions IceCube already has improved the best limits on spin-dependent WIMP cross sections by two orders of magnitude. This is largely due to the fact that models with significant spin-dependent couplings to protons are the least constrained and, at the same time, the most promising because of the efficient capture of WIMPs in the Sun. We identify models where dark matter particles are beyond the reach of any planned direct detection experiments while being within reach of neutrino telescopes. In summary, we find that, even when contemplating recent direct detection results, neutrino telescopes have the opportunity to play an important as well as complementary role in the search for particle dark matter.Comment: 17 pages, 10 figures, published in the New Journal of Physics 11 105019 http://www.iop.org/EJ/abstract/1367-2630/11/10/105019, new version submitted to correct Abstract in origina

Radiative corrections to the lightest KK states in the T^2/(Z_2\times Z_2') orbifold

We study radiative corrections localized in the fixed points of the orbifold for the field theory in six dimensions with two dimensions compactified on the $T_2/(Z_2\times Z_2')$ orbifold in a specific realistic model for low energy physics that solves the proton decay and neutrino mass problem. We calculate corrections to the masses of the lightest stable KK modes, which could be the candidates for the dark matter.Comment: 14 pages, 2 figure

Kaluza-Klein Dark Matter, Electrons and Gamma Ray Telescopes

Kaluza-Klein dark matter particles can annihilate efficiently into electron-positron pairs, providing a discrete feature (a sharp edge) in the cosmic $e^+ e^-$ spectrum at an energy equal to the particle's mass (typically several hundred GeV to one TeV). Although this feature is probably beyond the reach of satellite or balloon-based cosmic ray experiments (those that distinguish the charge and mass of the primary particle), gamma ray telescopes may provide an alternative detection method. Designed to observe very high-energy gamma-rays, ACTs also observe the diffuse flux of electron-induced electromagnetic showers. The GLAST satellite, designed for gamma ray astronomy, will also observe any high energy showers (several hundred GeV and above) in its calorimeter. We show that high-significance detections of an electron-positron feature from Kaluza-Klein dark matter annihilations are possible with GLAST, and also with ACTs such as HESS, VERITAS or MAGIC.Comment: 10 pages, 2 figure

Spinless photon dark matter from two universal extra dimensions

We explore the properties of dark matter in theories with two universal extra dimensions, where the lightest Kaluza-Klein state is a spin-0 neutral particle, representing a six-dimensional photon polarized along the extra dimensions. Annihilation of this 'spinless photon' proceeds predominantly through Higgs boson exchange, and is largely independent of other Kaluza-Klein particles. The measured relic abundance sets an upper limit on the spinless photon mass of 500 GeV, which decreases to almost 200 GeV if the Higgs boson is light. The phenomenology of this dark matter candidate is strikingly different from Kaluza-Klein dark matter in theories with one universal extra dimension. Elastic scattering of the spinless photon with quarks is helicity suppressed, making its direct detection challenging, although possible at upcoming experiments. The prospects for indirect detection with gamma rays and antimatter are similar to those of neutralinos. The rates predicted at neutrino telescopes are below the sensitivity of next-generation experiments.Comment: 22 pages. Figure 7 corrected, leading to improved prospects for direct detection. Some clarifying remarks include

The Far-infrared Continuum of Quasars

ISO provides a key new far-infrared window through which to observe the multi-wavelength spectral energy distributions (SEDs) of quasars and active galactic nuclei (AGN). It allows us, for the first time, to observe a substantial fraction of the quasar population in the far-IR, and to obtain simultaneous, multi-wavelength observations from 5--200 microns. With these data we can study the behavior of the IR continuum in comparison with expectations from competing thermal and non-thermal models. A key to determining which mechanism dominates, is the measurement of the peak wavelength of the emission and the shape of the far-IR--mm turnover. Turnovers which are steeper than frequency^2.5 indicate thermal dust emission in the far-IR. Preliminary results from our ISO data show broad, fairly smooth, IR continuum emission with far-IR turnovers generally too steep to be explained by non-thermal synchrotron emission. Assuming thermal emission throughout leads to a wide inferred temperature range of 50-1000 K. The hotter material, often called the AGN component, probably originates in dust close to and heated by the central source, e.g. the ubiquitous molecular torus. The cooler emission is too strong to be due purely to cool, host galaxy dust, and so indicates either the presence of a starburst in addition to the AGN or AGN-heated dust covering a wider range of temperatures than present in the standard, optically thick torus models.Comment: 4 pages, to be published in the proceedings of "The Universe as Seen by ISO," ed. M. Kessler. This and related papers can be found at http://hea-www.harvard.edu/~ehooper/ISOkp/ISOkp.htm

Infrared Properties of High Redshift and X-ray Selected AGN Samples

The NASA/ISO Key Project on active galactic nuclei (AGN) seeks to better understand the broad-band spectral energy distributions (SEDs) of these sources from radio to X-rays, with particular emphasis on infrared properties. The ISO sample includes a wide variety of AGN types and spans a large redshift range. Two subsamples are considered herein: 8 high-redshift (1 < z < 4.7) quasars; and 22 hard X-ray selected sources. The X-ray selected AGN show a wide range of IR continuum shapes, extending to cooler colors than the optical/radio sample of Elvis et al. (1994). Where a far-IR turnover is clearly observed, the slopes are < 2.5 in all but one case so that non-thermal emission remains a possibility. The highest redshift quasars show extremely strong, hot IR continua requiring ~ 100 solar masses of 500 - 1000 Kelvin dust with ~ 100 times weaker optical emission. Possible explanations for these unusual properties include: reflection of the optical light from material above/below a torus; strong obscuration of the optical continuum; or an intrinsic deficit of optical emission.Comment: 8 pages, 3 figures (2 color), to be published in the Springer Lecture Notes of Physics Series as part of the proceedings for "ISO Surveys of a Dusty Universe," a workshop held at Ringberg Castle, Germany, November 8 - 12, 1999. Requires latex style files for this series: cl2emult.cls, cropmark.sty, lnp.sty, sprmindx.sty, subeqnar.sty (included with submission

The Chandra X-ray Observatory Resolves the X-ray Morphology and Spectra of a Jet in PKS 0637-752

The core-dominated radio-loud quasar PKS 0637-752 (z = 0.654) was the first celestial object observed with the Chandra X-ray Observatory, offering the early surprise of the detection of a remarkable X-ray jet. Several observations with a variety of detector configurations contribute to a total exposure time with the Chandra Advanced CCD Imaging Spectrometer (ACIS; Garmire et al. 2000, in preparation) of about 100ks. A spatial analysis of all the available X-ray data, making use of Chandra's spatial resolving power of about 0.4 arcsec, reveals a jet that extends about 10 arcsec to the west of the nucleus. At least four X-ray knots are resolved along the jet, which contains about 5% of the overall X-ray luminosity of the source. Previous observations of PKS 0637-752 in the radio band (Tingay et al. 1998) had identified a kpc-scale radio jet extending to the West of the quasar. The X-ray and radio jets are similar in shape, intensity distribution, and angular structure out to about 9 arcsec, after which the X-ray brightness decreases more rapidly and the radio jet turns abruptly to the north. The X-ray luminosity of the total source is log Lx ~ 45.8 erg/s (2 - 10keV), and appears not to have changed since it was observed with ASCA in November 1996. We present the results of fitting a variety of emission models to the observed spectral distribution, comment on the non-existence of emission lines recently reported in the ASCA observations of PKS 0637-752, and briefly discuss plausible X-ray emission mechanisms.Comment: 24 pages, includes 8 figures, Accepted for publication in Ap