Audit

At Stewart, Tracy & Mylon we view audits not as an overhead or necessary evil, but as a great opportunity to review your business. The benefits of an audit are numerous. Audits can improve an organisation’s efficiency and profitability by helping management better understand their own working and financial systems. The management, as well as shareholders, suppliers and financiers, are also assured that the risks in their organisation are understood, and effective systems are in place to handle them.

 

Audits can also identify areas in an organisation’s financial structure that need improvement, and how to implement the proper changes and adjustments. An audit can uncover inaccuracies and discrepancies within an organisation’s records, which may be indications of weak financial controls or even internal fraud.

 

The main audit regions we are experienced in are:

  • Audits of clubs and incorporated associations
  • Audits of not for profit organisations
  • Business accounting and taxation for clubs and associations
  • Audits of Real estate trust accounts
  • Audits of Self Managed Superannuation Funds
  • ATO audits

 

Our audit team will work closely with you to get to know your business. We use the latest computerised systems, based around a detailed analytical review of the accounts. This enables us to offer an objective view of your business so we can advise you of any potential problem areas.