Audit and Assurance
At CHN Herold Ross our Audit and Assurance division is a respected provider of audit and assurance services in the eastern suburbs of Melbourne. We specialise in small to medium enterprise (SME) services providing assurance on the performance and operations of your organisation.
Our team of specialist audit and assurance professionals can help your enterprise meet the challenges of reporting and operating in a world of increasing regulation.
At CHN Herold Ross we use internationally recognised audit software and up to date methodologies to ensure that we deliver a compliant service with a practical focus to suit your organisation.
Accounting and Financial Reporting
CHN Herold Ross provides support to clients for their complex accounting and financial reporting challenges, covering the following:
- Advising on the interpretation of the Australian Accounting Standards (AASB) and International Financial Reporting Standards (IFRS) and their applicability and effect on your organisation.
- Preparation of financial statements that are compliant with the relevant reporting requirements.
Financial Statement Audits
Our team of audit specialists use the internationally recognised audit software CaseWare along with an up to date risk based audit methodology to ensure that an effective and efficient audit is conducted to give your organisation confidence that its regulatory requirements are being met. We aim to ensure that you have a high level of access to senior levels of staff and partners to help meet your needs as our client. We encourage year round dialog so that arising issues can be resolved within a satisfactory time frame. We tailor our audit to suit the size and nature of your organisation and endeavour to deliver a smooth audit experience. Our rigorous quality control systems ensure that the work done meets the highest standards set by the profession and regulatory bodies.
Not-for-Profit Organisation Audits
Our long association with various not for profit organisations gives us a depth of understanding of the different culture and goals of an organisation where service delivery is the goal rather than profit.
Internal control and Systems Reviews
We can provide review and advice on the internal controls of your organisation to assist your risk management procedures.
Compliance and Trust account audits
Our specialist audit team can help you meet the ever increasing regulation being placed on organisations across financial and non-financial reporting requirements.
We provide audit services for accountants and conveyancers trust accounts as well as various acquittal processes for government departments.
Australian Financial Services Licences (AFSL) Audits
We audit a number of AFSL holding entities including financial planning and insurance broking service providers.