As a specialist audit firm, Assura performs a wide range of audits; whether they be standard audits required by regulation, specialist audits or investigations and reports for varying industries.
We’re the trusted “Name in Audits” because that is all we do. Our independence is uncompromised.
EXTERNAL STATUTORY AUDITS
Financial statement audits provide an independent opinion on the financial position and performance of a range of entities. They identify whether the entity complies with accounting standards, relevant laws, regulations and government directions. Our audits also highlight opportunities for the entity to improve their accounting and financial systems and internal controls.
Assura supplies the highest standards of professional integrity, objectivity, independence and technical excellence to all our audits. Our audits are conducted in accordance with AIFRS and Australian auditing standards.
WHO IS REQUIRED TO LODGE
The Corporations Act 2001 requires the following entities to prepare financial reports:
- Large proprietary companies which satisfies two of the following tests – Consolidated revenue exceeding $25 million, Consolidated gross assets exceeds $12.5 million and Consolidated employees totals 50 or more;
- Small proprietary companies (foreign controlled);
- Disclosing entities;
- Public companies;
- Managed investment schemes.
WHEN TO LODGE
Companies must lodge their financial report within the following periods:
- If the company is a disclosing entity or registered scheme: within three months after the end of its financial year. eg. If the financial year of Company is 30 June, they must lodge by 30 September; or
- All other Companies: within four months after the end of its financial year. eg. If the financial year of Company is 30 June, they must lodge by 30 October.