Audit & Review

We handle the full spectrum of audit and review engagements, from statutory compliance audits to internal control system reviews, for all business structures — companies, trusts, superannuation funds, charities, and sporting clubs. Our team is experienced with both smaller entities and larger, more complex organisations.

Yes. As part of our audit and review service, we provide assistance with the preparation and lodgement of documentation required by federal and state governmental bodies, including ASIC. We manage this process on your behalf to ensure accuracy and timeliness.

Yes. Thomas McCarthy is a registered self-managed superannuation fund auditor, and SMSF audits are a core part of our practice. We work with trustees and their advisors to ensure compliance with superannuation legislation and the fund's trust deed.

An audit provides the highest level of assurance, involving detailed testing of financial records and internal controls. A review engagement provides limited assurance through analytical procedures and enquiry, and is generally less extensive. We will recommend the appropriate engagement level based on your entity type, obligations, and stakeholder requirements.

Duration varies depending on the size and complexity of the entity, the completeness of records provided, and whether any issues arise during fieldwork. We work efficiently and aim to minimise disruption to your operations. Before starting, we will give you a clear indication of the expected timeline based on your specific circumstances.

We will provide a tailored request list once we understand your entity and the scope of the engagement. Generally, this includes financial statements, bank reconciliations, general ledger, supporting schedules, and any prior-year audit reports. We are happy to advise what to prepare before the engagement begins.