Auditing Services 

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Confidence and compliance, your Audit’s efficient conclusion

 

 

As a Director, CFO or management accountant your governance responsibilities will be far less time-consuming when you have a LBW auditing specialist on your team.  Your LBW auditor can efficiently offset much of the inevitable impact of the ever increasing audit burden on your directors' and responsible staff.

 

It is obligatory that your chosen accountants and auditors establish and maintain a comprehensive and current understanding of your enterprise, the objectives of its stakeholders and the statutory reporting requirements particular to your current circumstances.  The professional audit advice and auditing services provided by John Watson, Rupa Dharmasiri and your LBW team of auditors will ensure that your enterprise’s or organisation’s stakeholders and senior management can remain confident that you are fully aware of the continuing alterations to the audit process, and remain compliant with the Australian Auditing Standard (AAS).

 

To ensure full and timely compliance with your statutory responsibilities and in accordance with the Corporations Act make contact with your LBW Audit Team via e-mail, phone (+61 2) 9411 4866 today or complete an on-line enquiry without delay to secure an obligation free consultation with an LBW partner to review your auditing needs and give you the accounting and tax advice that only an AAS compliant accountancy practice is qualified to provide.

Your auditing and statutory compliance requirements may vary dependent upon the size of enterprise you manage and the type of industry you operate in.  Foreign ownership, external funding facilities and whether you trade as a non profit entity, among other factors will also have an influence. 23 years exposure to a range of differing commercial and non profit requirements has equipped LBW’s auditing team with a sound understanding of the evolving auditing issues faced by a broad cross section of business owners.  The experience LBW has gained in achieving their corporate governance responsibilities in these industry specialities  will be invaluable to your enterprise too.  They include:

Direct sales businesses Commercial Real Estate Medical & Aged Care Property development

Automotive aftermarket Manufacturing sector Wholesale & distribution

The Australian Auditing Standard (AAS) is applicable to all audits conducted under the Corporations Act as well as audits undertaken by members of Australian-based organisations such as sports groups, local schools and not-for-profit organisations.  Organisations that confidently rely on LBW & Partners for advice on the unique auditing and governance responsibilities faced by not-for-profit entities include:

Charities Community service organisations Companies limited by guarantee Public benevolent institutions  Cultural organisations Resource development organisations Health organisation

Educational organisations Deductible gift recipients  Employment organisations Sporting organisations Religious organisations Income tax exempt funds Scientific organisations

By providing compliant and specialised auditing services to the not for profit (non-profit) sector, in addition to tax advice and tax accounting LBW & Partners ensure that high profile charities, lesser known funds and philanthropic organisations are each kept aware of all ‘auditor's opinion’ terminology changes and modifications to the AAS relevant to the unique issues encountered by non profit organisations, such as:

 

With an astute LBW auditing team contributing to your enterprise’s strategies and aligning integrated plans in support of your enterprise’s governance issues, you and you senior management can at last remain focused on the purpose of your activities, and fully realise the rewards that are their primary objective.

 

For a confidential discussion about expected auditing changes that may impact your operations and compliance with your statutory responsibilities, make contact your LBW Audit Team via e-mail, phone (+61 2) 9411 4866 today or complete an on-line enquiry without delay to secure an obligation free consultation with an LBW partner to review your auditing needs and give you the accounting and tax advice that only an AAS compliant accountancy practice is qualified to provide.

 

LBW & Partners is a leading Sydney auditing, chartered accountancy, business consulting and financial planning firm providing company audits, corporate business strategy, personal accounting services and tax planning advice to professionals. LBW’s CPA and chartered accounting services cover all aspects of your Australian business’ taxation including capital gains, payroll tax plus tax effective asset management and company audits.  Unlike most Sydney accounting firms LBW also extends personal tax minimisation, wealth creation and self managed superannuation advice in addition to corporate and management accounting needs for business on Sydney’s North Shore across New South Wales and Australia.