From 1 July 2021, the Tier 2 Reduced Disclosure Regime is replaced by a new Simplified Disclosures Standard. This publication … Continued
Audit and Assurance
Legal obligations aside, why submit to the rigours of an audit?
The simple answer is that it assures the integrity of the financial information and systems of your business, which allows you to plan for its future with confidence.
An independent audit enhances the reliability and credibility of information provided to owners, investors and lenders. In analysing business results and identifying risks and new opportunities, our rigorous processes guarantee we will add value to your business far beyond the financial statements.
What makes us great?
Our approach to any audit engagement ensures that our clients benefit from a multi-disciplinary focus, which delivers more than just the traditional statutory audit of financial statements. We are committed to obtain a complete understanding of you and your business – your industry, your operating environment, your risk, your corporate goals, accounting systems and most importantly, your people.
We are empathetic with our clients and understand the need to manage the audit process whilst still addressing the daily pressures of your business and resolving issues that sometimes seem much more urgent.
We have extensive experience working across a range of industries and business structures, including ASX listed companies, unlisted public companies, large proprietary companies, subsidiaries of foreign corporations, associations, charities, independent schools, public sector organisations and not-for-profit entities.
We deliver business improvements beyond statutory obligation and compliance. In identifying opportunities to enhance performance and profitability, we add value to your business – and that is what makes us great.
How does this help you to be great?
Our experience and insight means we can develop targeted audit plans specific to your business needs. It also means we can focus on new opportunities and innovative solutions to enhance performance and profitability.
Our assurance professionals ensure they fully understand our clients’ businesses, internal controls and risk continuums. Working collaboratively with our clients, we undertake extensive, objective diagnostic testing and reviews. These methodologies assist our clients to meet the demand for enhanced disclosure and accountability.
We offer a full range of services within Audit and Assurance and would be happy to discuss how we can help you to be great. Our Audit and Assurance services include:
- agreed upon procedure engagements
- A-IFRS advice
- Australian Financial Services Licence audit
- compliance audits
- due diligence
- external audits
- financial statement preparation
- government grant advice and acquittal audits
- internal audits
- Land Agents and Conveyancer Trust account audits
- process improvement
- risk evaluation and management
- risk management
- SMSF audits
- solicitor trust account audits.
For any questions or to discuss any of the above services, please contact Noel Clifford or your Nexia Edwards Marshall NT Advisor.