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In many cases, you cannot operate to your fullest capacity or access new revenue streams without particular accreditations. In others, the onus is on you to demonstrate trust and transparency with those whose data you hold: often a deciding factor whether to engage you or not given your risk profile is now increasingly part of your stakeholders’ due diligence processes.
From testing your cyber resilience and becoming an accredited data recipient, to examining your controls for protecting sensitive customer information, Grant Thornton acts as an independent reviewer and auditor covering the full range of local and global accreditation standards and internal control reviews across all industries.
System and Organisation Controls (SOC) reporting – including SOC1 and SOC2
Consumer Data Right ADR audit
Cyber Resilience – including a security health check
Microsoft Supplier Compliance Attestation – including SSPA
Prudential Standard CPS 234
Depending on your industry, operations, even your growth plans, there are multiple accreditations and audits that could be expected of your business. Our team helps you identify the right auditing standard you must obtain to fulfil your obligations and can ensure you meet the standards required.
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New and revised accounting standards, AASB 108
Over time, governments have shifted away from the direct provision of certain community services, instead commissioning them through a competitive market largely serviced by not-for-profit (NFP) organisations.
APRA’s latest reforms are designed to make its banking framework more proportionate, supporting a more competitive banking environment and fostering innovation. For smaller and medium-sized banks, this could mean reduced compliance pressures and more scope to focus on customers and growth.
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