Collective Financial Partners’ independent audit services help businesses achieve strategic objectives and meet compliance and risk management obligations.
Our audit services provide independent credibility to your financial statements, professional advice, and solutions to improve systems and performance.
We focus on key risk areas to provide our clients with constructive ideas for improving internal control and business systems. We take the time to understand your organisational needs and help you identify the major risks and opportunities beyond the traditional financial reporting function.
Without regular auditing, your business may not be operating to its full potential. Why miss out on extra profits, or the chance to improve your team’s job satisfaction, simply because you’ve failed to check in on your finances?
The two primary types of audits are financial audits and compliance audits.
In a financial audit, the management of a business claims that the financial statements are prepared in accordance with generally accepted accounting principles (GAAP), which are the applicable criteria. The financial statement auditor confirms the accuracy of those financial statements and GAAP.
In a compliance audit, an individual or business declares it is complying with specific laws, regulations, policies, or procedures. The compliance auditor provides assurance that the entity is, in fact, complying with those applicable criteria.
In Australia, the Australian Accounting Standards Board (AASB) is responsible for developing, issuing, and maintaining Australian accounting standards and related pronouncements, while ensuring close links to global financial reporting standards
Collective Financial Partners is licensed by the Institute of Chartered Accountants and Australian Securities & Investment Commission (ASIC) to provide audit services that ensure your finances are accurate and abide by the law.
Our dedicated team of external audit specialists will work with you to meet your organisation’s compliance and risk management obligations. During the audit, we will seek to find opportunities to help your organisation in its success providing a service that delivers beyond the compliance requirements.
Our experienced team of internal auditors allows us to work with your organisation to achieve your strategic objectives and meet your compliance and risk management obligations.
You will benefit from Collective Financial Partners’ contemporary and proven methodology, tailored programs, and high-quality results.
Get in touch with our team today to discuss how we can help audit your business.
Collective Financial Partners is a Hunter-based financial advice business managed by a team with over 80 years combined experience in financial services.
This information has been provided as general advice. We have not considered your financial circumstances, needs or objectives. You should consider the appropriateness of the advice. You should obtain and consider the relevant Product Disclosure Statement (PDS) and seek the assistance of an authorised financial adviser before making any decision regarding any products or strategies mentioned in this communication.
Collective Financial Advice Pty Ltd ATF Lake Macquarie Group Trust ABN 14 710 648 652
Corporate Authorised Representative No. 1286336
Alliance Wealth Pty Ltd | ABN 93 161 647 007 | AFSL 449221
Copyright 2021 Collective Financial Partners
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