Audits are often viewed as a compliance exercise, but they can also provide valuable insight into the way an organisation operates.
For many organisations, the challenge isn’t meeting audit requirements. It’s having confidence that their reporting, processes and controls are working effectively.
An independent review can provide valuable insight into how an organisation operates. It can help identify potential risks, strengthen governance and provide reassurance that the right frameworks are in place.
At LBW, we approach audit and assurance with a practical mindset, focusing on transparency, accuracy and minimising disruption wherever possible.
There is always value in having confidence in your reporting and governance processes.
What it involves
- Financial statement audits
- Compliance reviews
- Risk and control assessments
- Assurance reporting
Meet Our Geelong Accounting Team
Simon Flowers
Nick Klein
Leigh Harry
Cathryn Walley
Geoff Williams
Jacquie Malloch
Tom Brady
Tim Patterson
Melissa Wilde
Jack Paulka
Frequently asked questions
An audit provides an independent review of financial information, helping to ensure accuracy, transparency and compliance. It can also provide confidence to stakeholders, boards, investors and regulatory bodies.
Audit requirements vary depending on the type and size of an organisation. Companies, not-for-profits, trusts, self-managed super funds and other entities may require audits due to legislation, governance requirements or stakeholder expectations.
Beyond meeting requirements, an audit can provide valuable insights into financial processes, internal controls and risk management, helping organisations strengthen governance and operate with greater confidence.
