Financial Statement Audit Specialists
Assurance, Transparency and Confidence
The Risks of Inaccurate Financial Statements
Accuracy and transparency of financial statements are essential for building trust with stakeholders and meeting regulatory requirements. However, many organisations struggle to maintain full compliance due to the complexities involved in financial reporting. Inaccurate or incomplete financial statements can lead to legal issues, loss of investor confidence and reputational damage.
Businesses often face challenges in finding financial auditors who can provide a thorough and impartial review that not only identifies potential issues but also offers actionable solutions for improvement. That’s why at National Audits Group, we deliver independent insights that go beyond compliance. Our experienced auditors provide clarity and confidence, enabling you to highlight risks early and fortify your reporting processes.
Our external audit team specialises in AFSL audits, not-for-profit organisations and privately owned businesses from a wide range of industries.
Some of the Industries We Service
Build Trust with Accurate and Transparent Financial Audits
A financial statement audit is an independent review of your organisation’s financial reports, designed to confirm accuracy, reliability and adherence with accounting standards. Beyond a regulatory requirement, it’s critical in building credibility with investors, regulators and stakeholders.
We deliver thorough and impartial financial statement audits that ensure your organisation’s financial reports are accurate, transparent and fully compliant with regulatory requirements. Our experienced team provides in-depth reviews to identify potential issues while offering practical recommendations to strengthen your financial reporting processes.
By tailoring our financial audit services to your industry and specific needs, we help mitigate risks, enhance transparency and build trust with stakeholders. Our clear communication and ‘no surprises’ approach means you can be confident your financial statements will meet the highest standards of accuracy and integrity.
With National Audits Group, a financial statement audit becomes a valuable tool for confidence, growth and long-term trust, setting your organisation up for success.
Testimonials
“I find the detailed professionalism of the team to be exemplary. There is always value add in the process and it keeps us on a continuous improvement journey, with appropriate governance peace of mind. Thanks so much.”
Loren Miller
The Australian Outward Bound Foundation
“The team at National Audits Group are professional, competent and very responsive. Three of the most important characteristics to achieve a successful and on time audit every time.”
Victor Yang
Digicall Assist
“This was our first-year audit for our AFSL. The team took all our worries away. We did not feel alone through any part of the audit, and they went above and beyond to ensure we met all deadlines. I cannot recommend them enough.”
Craig Royden Leibbrandt
TCM Financial Services
“I have been working with National Audits Group for quite a few years now and have always found the experience to be a positive one. They make the whole audit process less daunting and are really helpful if we are unsure of anything.”
Renee Thompson
Cowra Retirement Village
“The National Audits Group Auditing team are a pleasure to work with. The team provide an excellent service with a very comprehensive, efficient, and thorough audit. They are very professional in their approach, considerate of staff and their workload, knowledgeable and willing to share ideas for us to use and make future improvements. We gain a great amount of value out of the process each year.”
Ron Lancuba
Holdsworth Community
“We find National Audits Group to be thorough, responsive and always helpful during our annual audit process. They understand the Not For Profit landscape and have helped us adapt and thrive through the challenges of recent years.”
Tim Kurylowicz
Eastern Riverina Arts
“We are grateful for the excellent advice and audit services provided by staff at National Audits Group. We strongly recommend their audit and assurance services.”
The Wardens
The Parish Church of St James
John Turner
Wagga Wagga Country Club
Our Clients Include:
Key Contacts
Our growing team of 40+ accredited financial auditors deliver expert & comprehensive audit services across Australia. Our pragmatic & approachable team is dedicated to providing tailored solutions that meet the unique needs of our clients.
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Audit Kickoff
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Frequently Asked Questions
What financial audit and other services does National Audits Group offer?
- Financial Statement Audits – Performing comprehensive audits of financial statements to verify accuracy and ensure compliance with applicable standards.
- Self-Managed Superannuation Fund (SMSF) Audits – Delivering specialised SMSF audit services to ensure regulatory compliance while supporting trustees and advisors with clear and actionable insights.
- Internal Audits – Providing objective evaluations of internal controls, risk management and governance processes to improve operational efficiency, reduce risks, protect assets and achieve strategic goals.
- Compliance and Regulatory Audits – Conducting thorough compliance audits to ensure organisations meet applicable laws, regulations and industry standards with precision and reliability.
How is National Audits Group different from other audit firms?
What industries do you work with?
We partner with organisations across a broad range of industries. No matter the sector, we take the time to understand what’s important to you—whether it’s industry-specific regulations, challenges or priorities.
Our commitment is to ensure our audits are tailored to your organisation’s unique circumstances, providing insights and assurance that are relevant and valuable to your operations.
For a full list of industries we work with, please visit the relevant section on our website.
How do you ensure compliance in your financial audit services?
- Understanding Your Obligations: We start by identifying the laws, standards, or frameworks relevant to your organisation and aligning our audit approach to address these requirements.
- Risk-Based Focus: We evaluate key risks associated with your compliance obligations and tailor our audit procedures to ensure these areas are thoroughly addressed.
- Thorough Assessment: Our audits involve detailed analysis and testing to evaluate how your organisation aligns with applicable requirements, whether financial, operational, or compliance related.
- Clear Communication: Throughout the audit, we maintain open dialogue, providing insights and clarity into how our procedures respond to your compliance needs.
- Independent Opinion: We provide an independent, professional assessment tailored to the nature of the audit. This assessment offers valuable assurance to stakeholders regarding the organisation’s adherence to relevant requirements.
What is your process for conducting an external financial audit
At National Audits Group, our audit process is thorough, collaborative and focused on delivering meaningful outcomes. Our focus is on building understanding, addressing risks and delivering audit results that not only meet compliance requirements but also provide valuable insights for your organisation.
Here’s how we approach each engagement:
1. Understanding Your Organisation:
We start by learning about your organisation—its purpose, operations, and the people leading and managing it. This ensures our work is informed by a clear understanding of your organisation’s environment and operations.
2. Performing Risk Assessments:
We identify and evaluate key risks specific to your organisation to ensure we focus on areas of significance and importance.
3. Developing a Tailored Audit Plan:
Using the insights gained from our risk assessment, we design a tailored audit plan that addresses the specific operations and risks of your organisation.
4. Executing the Audit:
Our team carries out a thorough assessment based on the tailored audit plan, focusing on the key areas identified during the risk assessment. Throughout the process, we maintain open communication to ensure clarity, understanding and a smooth progression of the engagement.
5. Concluding and Reporting:
We provide clear and comprehensive findings, ensuring any matters reported are fully explained and understood. We take the time to guide you through the results, offering insights into the reports and their implications to foster clarity and confidence in the outcomes. Communication remains central to this process, ensuring your questions are addressed and you feel supported every step of the way.
Why a career with National Audits Group?
When you join National Audits Group, you’re not just joining a firm—you’re becoming part of a community that values excellence, collaboration, and diversity. Our workplace fosters a culture of support and growth, where every team member is empowered to thrive personally and professionally.
We offer opportunities to work on impactful and meaningful engagements across a variety of industries, providing you with experiences that broaden your expertise and challenge you to grow. Our commitment to professional development includes tailored training programs, access to certifications such as CA or CPA, and mentorship from experienced professionals who are invested in your success.
Flexibility is at the heart of how we work. Whether through hybrid arrangements or accommodating individual needs, we ensure our team can maintain a healthy work-life balance. We also value innovation and strive to find new ways to approach challenges, enabling you to contribute your ideas and make a real difference in your role.
At National Audits Group, we believe that when we invest in our people, we build a stronger team and better outcomes for our clients and the communities we serve. Joining our firm is more than a career move—it’s an opportunity to be part of a forward-thinking, people-focused organisation that celebrates your achievements and supports your aspirations.
What is a financial statement audit?
A financial statement audit is a formal, third-party review of an organisation’s accounts to confirm that they present a fair and consistent picture of financial performance. It involves examining records, transactions and supporting documentation to verify accuracy and compliance with regulations.
This independent process gives boards, lenders and stakeholders confidence in reported figures, while also highlighting opportunities to refine reporting practices and improve governance standards across the organisation.
Why are accurate financial statements important?
Accurate financial statements form the foundation of accountability and trust in any organisation. They allow stakeholders to confidently assess financial stability, identify trends and evaluate future prospects.
When statements are reliable, businesses can attract investment and strengthen relationships with regulators and partners. In contrast, errors or omissions may undermine credibility and create unnecessary risk. Precise reporting ultimately safeguards reputation, supports growth and provides clarity for sound decision-making at every level.
What are the benefits of partnering with a specialist audit firm like National Audits Group?
Working with National Audits Group means choosing a firm dedicated solely to financial audit services, free from conflicts of interest. Our experienced financial auditors deliver tailored, pragmatic solutions tailored to meet your industry’s unique requirements.
While many external financial audit services go for compliance, we take it a step further by providing actionable insights that strengthen reporting, minimise risk and build stakeholder confidence. Our proven track record and a people-first approach allow us to make audits more supportive of your success.
Why are AFSL audits important?
AFSL audits are essential for businesses as they ensure licence holders comply with ASIC regulations, protect clients’ interests and maintain strong risk management practices. They provide independent oversight, holding businesses accountable for operating honestly and fairly, while also identifying weaknesses in compliance frameworks. Ultimately, regular audits build trust, safeguard investors and support the long-term sustainability of financial service providers.
Get in touch with our experienced, highly-qualified team to learn more about what we can do for you.