COVID-19 and Auditing – Greater engagement with clients and staff
Article by Managing Director, Steve Watson, published by ForAccountants. In an audit environment challenged by recent external reviews, COVID-19 has created another layer of complexity that is having a profound effect on the way auditors engage with their clients. It has also created challenges in the way we work with our teams to ensure that […]
Tips and Tricks – Business Administration in an Audit Firm
The 21st Century Audit practice requires a high level of administrative support. A strong administrative team can add significant value to the firm whilst freeing up time for auditors to focus on managing client relationships and getting the job done. Amanda Cattell, Business Support Co-ordinator for National Audits Group, recently shared her thoughts on the […]
Impact of COVID-19 on Auditing Conditions and Requirements
Article by Managing Director, Steve Watson, featured by ForAccountants.com.au In an audit environment that is evolving through technology and the impact of external reviews, COVID-19 has created another layer of challenge and complexity that is having a profound effect on the way auditors engage with their clients. What have the regulators said? Last month, the […]
Latest News on Audit Inquiry – 8 Key Recommendations
Article by Steve Watson, Managing Director, National Audits Group. On 1 August 2019 the Senate referred an inquiry into the regulation of auditing in Australia to the Parliamentary Joint Committee on Corporations and Financial Services for report by 1 March 2020. On 27 February 2020, the Parliamentary Joint Committee on Corporations and Financial Services tabled […]
Preparing clients for external audits – Keys to success
Article by National Audits Group Managing Director, Steve Watson. Establishing ground rules for client engagement is essential for effective management of audit and assurance projects. There’s no question that technology is allowing audit firms to take control of client relationships. But it all goes back to effective systems and processes for managing the flow of […]
Overcoming Conflict of Interest Concerns with Audits
Article by Managing Director, Steven Watson, as published by For Accountants. Audit firms provide an essential service to capital markets. By building a basis for trust and confidence in financial reporting, auditors help firms manage financial risk, reduce financing costs and contribute to the effective allocation of capital for economic growth. Despite these benefits, there […]
Audits and Independence – Where to from here?
Article by Managing Director, Steve Watson. In Part 1 of this series on auditors and independence, I outlined some of the challenges facing the audit industry with a number of reviews underway both in Australia and Internationally. Not a week goes by without further news relating to concerns over conflict of interest associated with accounting […]
New team member
We are pleased to welcome another new auditor to our Sydney team, Natasha Zulharmen. Natasha recently completed her Bachelor of Commerce (Accounting & Finance) through The University of Melbourne and Bachelor of Economics (Accounting) from University of Indonesia. Having internship experiences in both internal and external audits during her university years, she aims to continue […]
New team member
We are pleased to welcome a new auditor to our Sydney office, Sabrina Magill. Sabrina is in her final years of study at Western Sydney University for her Bachelor of Business & Commerce (Advanced Business Leadership) Accounting Major and her Bachelor of Applied Leadership & Critical Thinking. Sabrina has over 4 years’ experience in practice […]
Celebrating #AuditorProud day 2019
Yesterday the whole team got on board to celebrate #AuditorProud Day. On this day each year, auditors reflect on what it is they love about auditing. We celebrated in style with morning teas and group photos, and everyone had something to say… “Auditing has been my whole working life, it is where I meet most […]