Auditing & Assurance Service
Daynes will refer you to our trustworthy partners at Melbourne and Adelaide when an auditor is needed.
Audit and Assurance processes have changed in nature with the shifting legislations. As a business organisation, it is now important to have faith in your auditor and build the organisational structure in a way that the auditor suggests. An auditor ensures that the financial statements are free from any material error and are true and fair, which ultimately increases the repute of the organisation. Shareholders and new investors tend to invest in the organisation of which the financial position is stable and the statements are fair.
Our partner offers audit and assurance services to the clients and conducts audits for different types of businesses and organisations including private businesses and not-for-profit businesses. They try to understand your business right from the basics and ensure an effective audit process through risk-based auditing and recommendations to add real value to your business. Their audit director remains in contact throughout the audit process with the organisation to make sure that all their needs are being taken into account.
The services that they offer in the field of Audit and Assurance includes:
• Financial Audits
• Statutory Audits
• Reviews of Financial Statements
• Superannuation Funds Audit
• Risk Management Assessment
• Fraud Detection Audit
• Stock Taking
• Special Purpose Audits
• Due diligence services for business acquisitions
• Audits of Australian Financial Services License holders
• Trust Accounts Audit
• Suggestions and Recommendations on Organisational Structure
They are able to utilise their own unique management accounting reporting approach and sync this with the required changes to take the financial statements through to reporting in accordance with the Australian Accounting and Reporting Standards. Our partner is committed to continuous training and development. They review the financial statements again before giving an audit report, to make sure that there is no room for material error in order to further enhance the quality of their product.