Ensuring compliance with regulatory requirements in Australia is becoming increasingly challenging for many organisations. Many sectors are now governed by regulators that set strict requirements around corporate governance as well as financial reporting. This is where you need the expertise of external auditors who speak your language. The team at MGI South Queensland have a wealth of experience in compliance audit across a wide range of sectors and have built a reputation for cutting through the jargon and adding real value for the businesses we work with.
Benefits Of A Compliance Audit
Aside from the regulatory requirements set at a Federal, State and local level, many organisations undertake a compliance audit to evaluate how effective their internal controls and corporate governance is. Aside from providing independent verification of the information you report to regulators, we can help organisations take a more strategic view and understand how compliance is being adopted at all levels of the business.
Regulatory Compliance and Reporting:
The team at MGI South Queensland undertake regular training, professional development and are involved in external committees which means you can have full confidence in our knowledge of the regulatory compliance landscape. We can help you with:
- Regulatory compliance with financial and non-financial reporting requirements
- Ensuring regulatory risk is identified and managed
- Improving corporate governance
Our compliance audit experience includes:
- Australian Charities and Not-for–profits Commission requirements
- Australian Securities and Investments Commission (ASIC) financial service licences
- Australian Prudential Regulation Authority (APRA) prudential requirements
- Internal compliance plans
- Trust audits for solicitors and real estate agents.
Compliance Audit Process
One of the key benefits of working with the MGI team is that you get the technical expertise of a much larger firm but with a greater degree of personal service. Our compliance audit engagements are partner-led and backed by a well-qualified and experienced team. We use the very latest in risk-based audit technology and we are committed to staying abreast of the very latest in legislative, compliance and financial reporting requirements. This means we can deliver:
- cost effective audit and assurance services
- an independent view of your business performance
- best practice recommendations for your organisation
- assurance that your business is fully compliant with all regulatory requirements
- opportunities and areas for improvement
- areas that expose your business to the most risk
Our Brisbane auditors have extensive experience of delivering audit and assurance services to a diverse range of organisations in the private, public and not-for-profit sectors including:
We offer a full range of audit and assurance services including internal audits, external audits, forensic audits and audit reviews.