Non-government schools are required to prepare and lodge financial statements which comply with Australian Accounting Standards and these financial statements must be audited in accordance with Australian Auditing Standards. These audited financial statements are to be lodged with the Australian Government Department of Education and Training by 30 June of each year.
We have an efficient and well-established risk-based audit approach designed to detect material misstatements arising from fraud or error. We work with Bursars to ensure we gain a thorough understanding of your operations and systems. We ensure issues are flagged early, are resolved promptly and both external reporting deadlines and internal reporting timetables are easily met.
Schools are important clients to us and we offer professional staff with specific school experience and provide continuity of staff from year to year who will come out to your school and work with you through the audit process.