Audit Obligations

When do you need an audit?

The audit test tool below lays out the requirements for having an audit. As evidenced from the tool, there may be various reasons for requiring an audit aside from the pure compliance requirements. Historical audited accounts is required when raising funds on the Australian Stock Exchange and a strong audit history is usually a requirement for other capital raising, including venture capital and off market Capital raising.

FinServCo does not provide Company Audit services but can recommend an Independent audit firm to satisfy your particular circumstances. An audit of an Australian company, disclosing entity, registered scheme or AFS licensee for the purposes of the Corporations Act may only be done by an Registered Company Auditor (RCA) or Authorised Audit Company (AAC).

How FinServCo can help you

We can assist clients in getting the books records and systems ready for an audit, all the way through to dealing with the auditors should the business not have the appropriate staff or resources to do so.