Audit & Assurance
Audits and risk assurance give businesses confidence that their processes and risk management strategies are effective. Core business strategies as well as professional integrity and ethics among staff can be confirmed. It is vital for every business to work with experienced auditors that can become trusted company advisors.
The audit team at Oracle Partners has a wide range of experience auditing small businesses right through to large private companies. We provide comprehensive audit and assurance services designed to deliver real value, maximising operations and underpinning both partner and investor confidence.
An independent audit of business financial statements can help in the fine-tuning of an effective business plan and also confirm core business principles of professional integrity and ethical behaviour among partners and employees.
Auditors assess a set of business accounts to determine if they are a true and fair representation of the company’s affairs on the accounts date. Our auditors provide an extensive variety of audit services and are capable of determining the type and extent of the audit procedures required relative to the risks and controls been identified.
The Oracle Partners approach to auditing is rooted in a consistent methodology geared toward full compliance with the highest standards. We’ll work in collaboration with directors, executives and relevant board members while sharing our professional opinions and insights.
International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.
Oracle Partners can help you to stay current and compliant with all of the nuances of IFRS reporting. From accurately measuring assets and liabilities to keeping up with new standards and amendments.
Regulatory compliance refers to an organisation’s adherence to regulations, laws, specifications and guidelines that are relevant to its industry. Ongoing compliance is crucial to long-term business success.
Oracle Partners can assist your organisation in remaining compliant with all finance-related regulations in Australia. We can provide insights and support to ensure that your company is in compliance with current regulations for your business and sector, freeing your time and energy to do what you do best – run your business.
How prepared is your organisation for the unexpected?
You can’t avoid risk altogether, but you can keep it under control, mitigate it and anticipate what’s ahead. Risk assurance helps businesses to understand the risks in achieving their goals, have confidence that their processes and risk management strategies are effective, and gain assurance that information is being stored and communicated securely.
The insights and independent assurance that Oracle Partners provide can help to safeguard an organisation in today’s complex operating environment and assist management in making informed decisions.
Due diligence refers to the reasonable and prudent amount of research done and steps taken to satisfy a legal and/or informational requirement before making a decision, usually financial in nature.
Oracle Partners helps investors to make better deal decisions by assessing performance improvement opportunities and providing viable post-acquisition agendas. Reviews can range from limited-scope historical financial information to comprehensive examinations.
Reviews of historical information look to the past to help determine the most probable future outcome related to a potential business move, investment or financial decision.Oracle Partners assist clients with historical information research related to business strategies and investment opportunities.
An organisation’s internal controls consist of the policies and procedures in place that provide a reasonable level of assurance regarding the reliability of the company’s financial reporting, effectiveness/efficiency of operations, and compliance with applicable laws and regulations.
Oracle Partners ensures the monitoring and assessment of internal controls across various functions through ongoing evaluation. We’ll determine whether the implemented internal control system is effective as intended by the Board of Directors.