Assurance & Audit

Putting confidence
at your fingertips

While many of the rules of business have changed, the fundamentals haven’t. Meeting investor expectations begins with the completeness, accuracy and fair presentation of information in your financial statements and disclosures.

The audit is key to sustaining confidence in both your company and the financial system at large. It must keep pace with a fast-evolving corporate reporting environment – one characterised by investor scepticism and the 24/7 scrutiny of corporate information, including non-financial information.

In addition to the audit of financial statements, our risk assurance practice helps management make well-informed decisions. The insight and independent assurance we bring provides an invaluable safeguard in today’s complex operating environment. We work with you in your boardrooms and back offices, helping you protect and strengthen every aspect of your business, from people to performance, systems to strategy, business plans to business resilience.

As market leaders, we constantly pioneer to give our clients an intelligent, imaginative and resourceful service. Our experts analyse every aspect of our clients' activities, providing real value to each of their businesses and underpinning investor confidence. Whoever our clients are, we get to know them so we can understand their present and help them prepare for the future.

Our assurance practionners provide an extensive range of audit and assurance related services. We will determine the type and extent of the audit procedures required, depending on the risks and controls that have been identified. These procedures may include:

  • Examining financial and accounting records, other documents, and tangible items such as plant and equipment
  • Watching certain processes or procedures being performed
  • Asking a range of questions - from formal, written questions to informal, oral questions - of a range of individuals in the organisation
  • Obtaining written confirmations of certain matters - for example, asking a debtor to confirm the amount of their debt with the organisation
  • Testing some of the organisation's internal controls
  • Making judgments on significant estimates or assumptions that management made when they prepared the financial report
Peter van Dongen
Managing Partner, Board Relationships and Governance Board Member, Sydney
Tel: +61 2 8266 3378
Email
Ewan Barron
Lead Partner, Financial Services, Sydney
Tel: +61 (2) 8266 1832
Email
Matt Graham
Managing Partner, Assurance, Sydney
Tel: +61 2 8266 7560
Email
John Dovaston
Partner, Melbourne
Tel: +61 (3) 8603 3820
Email
Andrew Wilson
Partner, Risk Assurance Leader, Sydney
Tel: +61 (2) 8266 3337
Email
Kristin Stubbins
Partner, Market Segments Leader, Sydney
Tel: +61 2 8266 2208
Email
Nadia Carlin
Managing Partner, Australian Markets, Melbourne
Tel: +61 3 8603 6616
Email
Jacque Scarra
Finance & Operations Leader, Sydney
Tel: +61 (2) 8266 5149
Email
Andrew Mill
Client Service Risk & Quality Leader, Melbourne
Tel: +61 (3) 8603 3085
Email
Sally Wheeler
Human Capital Leader, Sydney
Tel: +61 (2) 8266 0174
Email

What is an audit?

An audit is the examination of the financial report of an organisation - as presented in the annual report - by someone independent of that organisation. The financial report includes a balance sheet, an income statement, a statement of changes in equity, a cash flow statement, and notes comprising a summary of significant accounting policies and other explanatory notes. 

What is a half yearly review?

Under the Corporations Act, certain entities, such as Australian listed companies and registered schemes, must prepare a financial report for each half year, in addition to the annual financial report. The half year financial report includes a balance sheet, an income statement, a statement of changes in equity, a cash flow statement, and notes comprising a summary of significant accounting policies and other explanatory note

 

Financial Reporting Updates

Staying informed of the latest financial reporting developments and how they apply to your situation is essential for any business. We provide up to date information and alerts on IFRS and their application to streamline financial reporting.

Creating value for your business

Updates

Audit and Risk Committee Matters – 2015

A commitment to performing high-quality audits, today and in the future, is a commitment we fully embrace.

State of the Internal Audit Profession Study 2016

PwC's annual survey results make clear that a focus on leadership will increase internal audit’s value contribution and help broader organisation address emerging risks.

Cloud Assurance - Managing the Shadow Cloud 2015

This publication reveals the analysis of a number of cloud discovery (cDiscovery™) assessments across Australia and New Zealand, conducted through PwC's alliance with Skyhigh Networks.

Food - Giving customers confidence in your food

The global food industry has never faced more challenges

View all Assurance and Audit publications