Audits

It's better to be in a position to welcome an audit rather than resist it.

Audits, a natural part of business

Audits can naturally raise the blood pressure of business owners. On most occasions, audits seek to clarify things or comply with regulation and are a normal course of doing business. 

Common business audits include:

  • ATO Audits - The Australian Taxation Office may request more details about your business after reviewing your tax return
  • Compliance with Workers Compensation Insurance - Audits are often required regarding workers compensation insurance to ensure that the premiums employers pays accurately reflect the risks.
  • Solicitor Trust Accounts - The NSW Law society requires these accounts to be independently audited
  • Not-For-Profit Organisations - An often annual audit needs to be submitted to the Department of Fair Trading
  • Business Valuations - Whether it be a valuation of your business or a valuation of a business you are looking to buy, auditing the financial records ensures everything has been reported correctly to justify the valuation
  • Self-Managed Super Funds (SMSFs) - Annual SMSF audits are required prior to the submission of the SMSF tax return

We are on hand to conduct financial audits

Saige are authorised to audit your taxation records, SMSF, solicitor trust accounts and we also regularly provide audits to support business valuations. Saige is a leading and ethical accounting practice. If you have had trouble with being audited in the past our comprehensive accounting service will make sure your books are in order.

Conduct your audit with a reputable firm

We have the expertise, experience and authority to conduct a full range of business audits. Speak to us to get on top of your audit quickly so you can confidently return to business.

Saige Financial Planning Pty Ltd and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357 306. Please read our Financial Services Guide and consider our privacy policy.

Any information on this website is general advice only and does not take into account any person’s objectives, financial situation or needs. Please consider your own circumstances and consider whether the advice is right for you before making a decision.

Always obtain a Product Disclosure Document (if applicable) to understand the full implications and risks relating to the product and consider the Statement before making any decision about whether to acquire the financial product.

Liability limited by a scheme approved under Professional Standards Legislation.