You might not have a choice whether you have an audit or not, but you still have a choice of who does your audit.
Why choose Grant Thornton?
At Grant Thornton we pride ourselves on having a Partner-led service for all our audit clients. We commit to being responsive and spending the time required to understand your business and meet the agreed timeframes. You’ll find our Partners are very hands on. They enjoy this and this is what attracted them to Grant Thornton.
Grant Thornton Australia is a member firm of Grant Thornton International, one of the world’s largest growing major international accounting organisations with firms operating in over 100 countries worldwide. Clients benefit from our proprietary audit software to deliver a cost-effective, risk-based, paperless audit. When we deal with Grant Thornton firms in other countries (perhaps where you have subsidiaries or other operations) our audit files are easily transferred to minimise coordination costs. We deliver a truly seamless global audit in a timely and efficient way.
We have invested in national technical resources and training to ensure our team are up to date with the latest Accounting and Auditing Standard requirements. The Institute of Chartered Accountants in Australia uses Grant Thornton for regular technical updates to members. This means we are not reactive when issues arise. Instead we identify potential problems that may be encountered by our clients and deal with them in a planned and considered way.
Conflicts of interest and independence are of paramount concern to audit committees and auditors alike. We have a web-based global independence and conflict check system to ensure we are independent of all clients, prior to undertaking work. Any conflicts of interest that may arise are identified immediately.
Right sized replies
The need to gather, assess and act on information is as vital to Grant Thornton as it is to our clients. We know that, in most cases, our clients need short, practical responses. Exhaustive, time-intensive and costly reports are usually not warranted in response to the issues faced by our clients. We commit to always providing a fee estimate before we undertake any significant assignment outside of the scope the year-end audit.
For more information on our audit and assurance services, open our brochure here
Some of the Audit and Assurance Services we provide include:
Audits of financial reports
Provision of statutory audit services for clients requiring an audit under the Corporations Act 2001, or other relevant legislation. Our industry experience and exposure to different entity structures is very broad. Within Australia our audit clients range from over 70 ASX listed companies, some of the largest privately owned companies right through to not-for-profit entities.
Reviews of financial reports
Provision of review services (less detailed and hence providing a lower level of assurance than an audit) for half year reports of ASX listed companies under the Corporations Act 2001 and other entities, as required.
Provision of an internal audit function, either on a one-off or recurring basis, for organisations of all types.
Systems and controls reviews
One-off reviews of an entity's financial and operating systems and controls, providing an independent assessment of the internal systems and controls. These reviews assist in risk management and corporate governance.
Agreed upon procedure reports
Conducting procedures on specified financial information for a particular special purpose and then preparing a report based on these procedures.
Other types of audits
There are many other types of audits that we undertake such as:
- trust accounts (solicitors and real estate agents)
- grant acquittal statements
- turnover audits for shopping centre
If you would like to speak to a partner about our audit and assurance services, please contact your local Grant Thornton office:
National Audit Leader
T +61 2 8297 2400
T +61 8 8372 6666
T +61 7 3222 0200
T +61 3 8663 6000
T +61 8 9480 2000
T +61 2 8297 2400