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Audit & Assurance

Stannards provides a full spectrum of audit & assurance services to protect businesses and their futures.

An audit is an assurance service that involves the examination of an entity’s financial report by an appropriately registered and independent professional. The financial report may include a balance sheet, an income statement, a statement of changes in equity, a cash flow statement, and other explanatory notes.

The desired outcome is to receive an audit report that confirms that the financial report gives a true and fair view of the entity’s financial position at balance date and its financial performance for the period then ended. It also confirms that such a position was measured in accordance with Australian Accounting Standards to the extent described in the notes to the financial report.

The financial report and the audit can be limited in scope to address key areas of concern identified by the owners or management.  At Stannards, we offer a full spectrum of audit and assurance services to protect businesses and their futures. Examples include:

  • Statutory audits for regulatory compliance.
  • Review of accounting systems, policies and procedures.
  • Due diligence assignments for business acquisitions and disposals.
  • Stock, debtor and other balance sheet account audits.
  • Expert evidence.
  • Forensic reviews.
  • Governance, risk and compliance reviews.
  • Data analytics.