Special Offers

I1 - Special Offers

NEW & UNIQUE FINANCIAL DIAGNOSTIC AUDIT REVIEW & PROFIT IMPROVEMENT ACTION PLAN

(FREE for Client “Platinum” Packages, valued at $775)

I2 - audit
The extent of the audit may vary depending on the size of business, no. of employees, no. of divisions and business structure.

On the completion of this review you will be presented with a Comprehensive Report including Recommendations, Action Plan, followed by a Meeting held with you to discuss your Report.

At the meeting, we will discuss the Services Required we can offer to address the recommended Action Plan Items.

The purpose of this exercise is to better understand your business and requirements and put together a plan to address your “pain points”, challenges, risks and business needs. In this current tough economy, this is a “No Brainer”

Checks and reviews include -:

  • Initial meeting with you and other management to fully understand your business
  • Accounting Software effectiveness & utilization review
  • Review Systems, Procedures and Fraud Prevention Controls
  • Check Cash Flow, Budgeting, KPI’s & Business Plan
  • 3 Year Profitability Analysis, Overall Performance, Upcoming Risks
  • Balance Sheet General Ledger Account Reconciliations Review
  • Monthly Reporting Requirements Check
  • Business Profile Checks incl. “Pain Points”, Challenges, Problems etc.
  • Statutory Obligations (BAS, IAS, Super, Payroll Tax, FBT, Workcover etc.) – Are they up to date and reconciled?
  • Review Debt Collection Methods, Debtor & Creditor Terms Potential Improvement
  • Business Funding Situation Requirements and Banking Relationship
  • Cost Savings by Reviewing Business Insurances & checking you are not being overcharged by your Workcover Insurer and Electricity, Telephones & Internet Providers
  • Analysis of your Tax Agent Services
  • Data, Passwords and IP Protection checks

NEW & UNIQUE COMPREHENSIVE FRAUD PREVENTION AUDIT OF YOUR BUSINESS

(FREE for Client “Platinum” Packages, valued at $675)

I3 - Fraud prevention icon
The extent of the audit may vary depending on the size of business, no. of employees, no. of divisions and business structure.

On the completion of this review you will be presented with a Comprehensive Report including Recommendations, Action Plan, followed by a Meeting held with you to discuss your Report.

At the meeting, we will discuss the Services Required we can offer to address the recommended Action Plan Items.

The purpose of this exercise is to minimize the risk of fraud occurring in your business that generally can have significant consequences including losing your business, your personal assets and affecting your family’s future.

Some of the Checks, Reviews & Actions include -:

  • Understand what risks exist within your business and the previous frauds which have occurred in your industry
  • Develop & introduce a Fraud & Corruption Control Policy Plan including risk assessments
  • Implement Fraud Prevention Control Systems & Processes
  • Educate your staff about Fraud. They are your best “investigators”
  • Ensure there is a segregation of duties especially in the Finance, Purchasing & Warehouse Departments
  • Introduce a maximum daily total bank payment limit and also a 2 tier payment system so that the business owner or director authorises ALL payments
  • Payments are not made unless the Purchase Order, Invoice & Delivery Docket are matched and authorised by management
  • Check IT Security, IP and Monitoring. CCTV cameras may be worth introducing
  • Protecting your Fixed Assets including Stock by periodic stock takes and overtime checks. For stock takes, a finance, management person or auditor should be added to the team
  • Make sure all staff take holiday leave every year and limits are set on accumulated leave