Audit & Assurance
Financial confidence to drive your business vision and satisfy your stakeholders.
EMPOWERING YOUR BUSINESS VISION
At Hall Chadwick, our Audit & Assurance team prioritise integrity, build on respect and commit to quality and transparent communication. These values underpin our service and leadership behaviour. Our partners are supported by a team of resilient, independent and driven individuals. Providing tailored, cost-effective and efficient services whilst drawing on our immense depth and wealth of experiences.
Benefits of an Independent Financial Assessment
An unbiased evaluation of your financial statements by our team can provide the following advantages:
- Ensure Compliance: Verify Adherence To Regulations And Guidelines, Identifying Potential Issues For Informed Decision-Making.
- Build Shareholder Trust: Offer Assurance Through An Independent, Unbiased Assessment.
- Promote Transparency: Provide Stakeholders, Such As Financiers, Investors, Or Grant Assessors, With A Credible Financial Audit Report To Guide Their Decisions.
- Reinforce Leadership Confidence: Strengthen Belief In Internal Controls, Helping To Avoid Penalties And Damage To Reputation
Our Independent and Impartial Role
While the management is tasked with preparing financial statements, our independent auditors validate that the financials are truthful, fair, and accurately depict the business. Through a tried-and-true auditing process, we analyse and interpret your financials, pinpointing potential problems and highlighting inconsistencies in financial reporting.
Comprehensive Auditing for Global Clarity
At Hall Chadwick, our auditors employ a proven audit approach that goes beyond regulatory and compliance obligations. By providing a clear understanding of your financial position and offering valuable insights, we equip your stakeholders with the clarity needed to confidently support your business vision.
Hall Chadwick Audit Approach
Our tried and tested five-step audit process focuses on accountability, communication and the clever use of technology.
1
Plan
We meet to plan a clear strategy with realistic expectations. This may be in person or via secure online communication channels. Information needs are mapped, and we develop a complete (yet flexible) audit timeline.
2
Identify & assess risk
While factoring in previous audits, emerging trends and regulations, our team will identify and assess financial reporting risks. This assessment helps us develop an efficient, focused audit program and any issues can be addressed early.
3
Internal controls
Our team will review controls while finding practical suggestions to make lasting improvements.
4
Test accounts & transactions
Industry leading tools and technology are used to give a detailed insight into the quality of your core financial processes. This may include essential tests over key areas and ‘deep dives’ when appropriate.
5
Conclude & report
Whether it be an audit or a review, our audit team will provide comprehensive insight and appraisal of the complete financial status and an assessment of the financial position and future.
Typical services we provide.
To give you an idea of the type of work we do, we’ve listed our most common services.
- Australian Financial Services Licence audit
- Agreed upon procedures engagements
- Compliance audits
- Due diligence
- External audits
- Internal audits
- PCAOB audits for our American businesses
- Financial reporting advisory
- Government grant advice and acquittal audits
- Risk evaluation and management
- Process improvements
- Risk management
- Trust account audits
- Financial statement preparation