The Financial Audit Optimizer™

Goal: Help CFOs and heads of finance cut audit fees and time cost by up to 75% through the effective use of AI technology and comprehensive audit preparation services.

 
Old Way

  • Firefighting during audits

  • Relying on external auditors

  • Struggling with new regulations

  • Overruns in audit fees

  • In-house financial reporting

  • Hiring dedicated audit staff

  • Constantly monitoring changes

  • Delays in audit sign-off

  • Limited focus on strategic tasks

  • Incomplete audit evidence

New Way

  • Proactive Audit Planning

  • Internal Audit Preparedness

  • Expertise in Evolving Standards

  • Cost-Effective Audit Coordination

  • Expert Financial Statement Compilation

  • Optimized Resource Allocation

  • Up-to-Date Regulatory Compliance

  • Efficient Audit Support and Coordination

  • Focus on Core Business Activities

  • Comprehensive Audit Evidence Preparation

 

Who This Is For

CFOs and heads of finance in companies with $10-100 million and over in revenue in Australia who are overwhelmed with the complexities of financial audits and half-year reviews. We've served over 120 clients and saved over $1M in audit fees. This is not for companies seeking quick fixes or those not serious about optimizing their financial reporting processes.

The Method

This method enables you to maximise the accuracy and compliance of financial statements, minimise audit fees, and reduce audit time through AI technology and expertise.

Planning for Audits
  • Proactive planning and preparation.
  • Assistance with new accounting standards and framework changes.
  • Smooth coordination with auditors.
Financial Statement Compilation:
  • Expert preparation compliant with current standards.
  • Use of illustrative financial statements recognized by auditors.
  • Regular updates for compliance with latest regulations.
Resource Optimization:
  • Eliminate the need for dedicated audit staff.
  • Allow accounting team to focus on operations.
  • Enable finance leaders to concentrate on strategic decisions.
Audit Support and Coordination:
  • Reduce lag time between fieldwork and audit sign-off.
  • Facilitate smooth communication with auditors.
Regulatory Compliance:
  • Ensure compliance with necessary standards.
  • Stay up-to-date with ASIC's focus areas.
Audit Evidence Preparation:
  • Assist in efficient gathering and providing of audit evidence.
Expert Consultation and Training:
  • Offer consultation for specific challenges.
  • Provide training on latest standards and practices.

 

Our Promise

 Timeline
  • Within 7 Days: Comprehensive audit readiness report and strategy presentation.
  • Within 14 Days: Initiate 70% of strategy implementation with ongoing support.
Requirement: Ensure your finance department is fully equipped to handle financial audits and half-year reviews with confidence. Contact us to learn more about our comprehensive financial services and how we can support your business growth.

 

Get Started Today

 Call to Action: A shift from reactive to proactive audit preparation, eliminating guesswork and optimizing every aspect of the financial reporting process.