Expect more from your auditor than just a sign off on the accounts?
An audit can be an involved and intense process for any business. At the end of it all, you should receive more than simple assurance that your books are in order.
Our comprehensive, partner-led audit services are not only underpinned by significant experience and depth; they aim to add real value as well, with recommendations for business process improvement.
We aim to understand the WHY for you, your business, and the audit arrangement.
Yes, your compliance or regulatory obligations are critical; but we also act as a gateway to improving your business.
By using the latest in AI and virtual audit technology, we’re able to quickly develop key insights from the data and help you develop a greater understanding of your financial risks and your business performance.
This applies to whatever stage of the Dream Business Life Cycle ™ you’re at.
From a start-up business looking to provide comfort to venturing stakeholders to a large privately-owned family business hoping to evolve, or a non-profit or listed public company with public, operational and regulatory demands…
Case Study 5 “Kreston Stanley Williamson can manage our audits all over the world. It’s so convenient.”
A financial statement (external) audit, when performed to the right standards, is regarded as one of the most credible means of demonstrating that your business has a sound financial position and correctly accounts for funds entrusted to it.
Our risk-based and innovative audit approach is backed by membership of Kreston International, a member of Forum of Firms. We are accredited in transnational audits in accordance with International Auditing Standards.
We provide independent statutory financial statement audits that meet regulatory and stakeholder requirements across small to large private businesses through to multinationals and listed entities in multiple industries.
Special and changing compliance requirements are frequently imposed on certain types of businesses and in certain industries. We provide proactive solutions to enable you to meet such obligations, including in the following areas:
- Australian Financial Service Licence audits;
- Audits of Managed Investment Schemes;
- Compliance plan and GS007 audits;
- Self-Managed Super Fund audits; and,
- Trust account audits (helping accounting firms, solicitors, real estate or collection agents meet the requirements of CAANZ, Law Society or State bodies respectively).
A financial due diligence review is useful when making merger or acquisition decisions and also in other instances. It can also help you evaluate what your business needs to consider as you plan the next stage in your business life cycle: which assets to commission or decommission, funding decisions, or the impact of changing capital arrangements.
Our due diligence reviews work on a much broader scope than audits, covering not only historical financial information but also budgets and forecasts for the business. We also provide transaction advisory services in relation to potential initial public offerings (IPOs), including:
- Investigating Accountant’s Report (IARs) for inclusion in prospectuses;
- Pre-offering audit of historical financial statements; and,
- Related accounting and reporting support for organisations considering an IPO.
For more information on Transaction Advisory Services.
By engaging our expert accountants to compile your financial information from underlying records, you can rest assured that the report you receive is completed with professional competence, due care, and using the latest technology.
We can help you compile your financial statements, both statutory and non-reporting.
Identifying and managing risk is critical to the continued advancement of your business.
We work closely with you to assess the performance of your systems and processes. We then provide constructive guidance on how best to further develop, improve, and meet your objectives – both performance or non-performance related.
Our internal audit services adhere to the Australian and New Zealand Standard on Risk Management as well as the COSO Enterprise Risk Management Framework.
Acquisition transactions can include complex financial, regulatory, and operational issues. We have the skills and resources to ensure that your acquisition transactions are managed professionally and successfully for a consist decision.
Forensic assurance investigates matters of suspected fraud or other misconduct, on behalf of those charged with governance in your organisation.
Our forensic assurance services are built on in-depth accounting and professional expertise and are delivered in a discreet and professional manner, in accordance with appropriate ethical and professional standards.
We can also provide recommendations for management policies and procedures to improve internal monitoring.
