External audits

Significant changes have occurred recently in the area of audit and audit regulation and these are likely to have a major impact on Australian businesses. The full impact of the Corporations Act rotation policies and the introduction of 'force of law' auditing standards will have a major effect on the audit area in the short-term.

Sound familiar?

  • You have subsidiaries around the world and need an audit team familiar with coordinating international audits
  • Need a 'fit' with your audit provider? Someone who offers more than just an audit opinion? Someone who believes in adding value across your business?
  • Want a coordinated audit process where audit and corporate Finance speak to each other, with the 'right hand knowing what the left is doing'.
  • We want access to genuine specialists not just generalists. The world is too complicated for any one person to be across all issues.
  • Need an auditor who is committed to the highest level of professional independence on ethics.

How can we help you?

BDO Kendalls has by far the largest dedicated audit division among firms outside big 4, staffed with specialist dedicated auditors rather than a collection of generalist part time auditors. Our team utilises the latest in computerised audit software and employs an audit methodology which is compliant with all professional standards and is at least equal to that used by our larger competitors.

We pride ourselves with operating a partner and director led approach, allowing issues to be cleared quickly and efficiently. External audits provide added value and assurance to the quality of the financial statements for users of your information.

Key components of an external audit include:
  • Communication with the board and management throughout the audit process
  • Identification and focus on key audit risks
  • Resolution of audit findings with management and audit committees
  • Complete audit assignments within agreed time frame
  • Provide constructive management reporting to meet your needs

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