Accounting Services - Audits and Auditing

What is an Audit?

An audit is a review of the annual accounts and is usually carried out by an independent person or party, or a firm of accountants who are also accredited auditors.

Types of Audit:

The most common types of audits are usually related to various taxes such as GST and Payroll but can also be for other business areas such as Workers Compensation or Occupational Health & Safety. Additionally, certain organisations are required to be audited annually such as Charities, Solicitor's, Real Estate Agents and Business Brokers Trust Accounts.

Audit Preparation:

If an individual or business has been notified of an enquiry or audit, adequate preparation should be undertaken by reviewing relevant records, tax returns and activity statements.

If any mistakes are found in the paperwork, the Tax Office or regulatory body that deals with that particular area should be immediately informed of any errors that have been discovered. If the relevant authority is notified of any error before they give notification of an audit, the level of penalty that may otherwise have been imposed may be reduced.

Our dedicated and highly accredited team of lawyers and accountants can not only assist you or your clients with all of your audit needs, but can also provide comprehensive financial advice, planning, and accounting and legal services. We welcome referral opportunities from firms whose clients require specialised help or advice.

If you require our assistance, or have any enquiries, please click here to submit an online enquiry form or call us on 1300 QUINNS or on +61 2 9223 9166.

At Quinn's, we are registered auditors, and our auditing services include:

• Builders & Contractors Audits
• Capital Gains tax Audits
• Club Audits
• Company Audits
• Due Diligence Audits
• Intellectual Property Audits
• Marketing Fund Audits
• Not-For-Profit & Charity Audits
• Payroll Tax Audits
• Shopping Centre Audits
• Tax Audits
• Trust Account Audits
• Workers Compensation Audits
• Other Auditing advice

At The Quinn Group we have extensive experience in conducting audits in all of the above areas. We work through the process and take the time to explain the laws and regulations in simple, clear terms without the legal and accounting jargon.

If you or your client have been issued with an audit request and are in need of an auditor, or if you simply have an auditing query and would like to know more about your reporting obligations and how you can be best prepared should your business be audited, please do not hesitate to contact us now by submitting an online enquiry form, or call 1300 QUINNS (1300 784 667) or on +61 2 9223 9166.

For more detailed information on our auditing services, visit our dedicated site All Audit Solutions.