Audit and Assurance

We use an auditing methodology and work ethic that results in a consistent quality from which our clients benefit. Our expertise and utilisation of uniform standards enable us to keep reports consistent and transparent.

We believe that we have assembled a team of accountants and auditors who have strong skills in both of these elements. Several of our auditors are accomplished speakers, who are well sought after for their public speaking skills in various areas of business performance.

Wentworth Williams Auditing accepts engagements where they anticipate that their findings or analysis may be subject to adversarial or judicial scrutiny or administrative review and seek a level of evidentiary detail and analytical precision, which will be sustainable within the legal framework of such scrutiny or review.

Wentworth Williams Auditing has an excellent track record for providing given evidence in various Courts based on their engagements to conduct Forensic Investigations.

Our engagements are wide-ranging and include transaction reconstruction and measurement; bankruptcy; probate asset identification and valuation; falsifications and manipulations of accounts or inventories or in the presentation thereof; and accountability within the statutory audit and other environments.

Wentworth Williams Auditing has assembled a team of experienced audit personnel to undertake audit services. On occasions, we also consolidate personnel from other office departments, for the combined use of additional resources as required. This means that we have an ability and capacity to meet the requirements of any client as a result of the larger pool of resources from which we can scope staff, who are equipped with the required levels of knowledge, competence, qualifications, experience and suitability, to carry out any ad-hoc necessary functions, both efficiently and effectively.

Our management team have held senior roles with either Federal or State Governments and have developed audit programs to address fraud in this State. They have also developed programs to place accountability on auditors.

Our ability to meet your requirements is based on an overall approach to the professional management of all audit assignments, which can be best summarised as:

  • Wentworth Williams Auditing programs are designed to provide a full audit service to our clients.
  • The principal feature of the Wentworth Williams audit programs is a risk based audit approach, which then enables us to focus our audit efforts on key audit areas, while reducing work in other areas. The major benefit to our clients being a reduction in both audit costs and in the risk of audit failures.

Our methodology to provide Audit Services is based on the concept of providing an opinion as to whether the Company has complied with the legislative requirements and if not, obtain a level of evidentiary detail to support the opinion and where appropriate, provide assistance to the Company to assist in obtaining a satisfactory level of compliance through education.


The Four Stage - Audit Process

To ensure effective and efficient management control of the delivery of service, we firstly have a dedicated Audit Manager, who reviews and controls work assignments to ensure delivery of services.

Secondly, in our role as investigating accountants, we have produced standardised audit procedures for various industries. We adopt this approach so as to maintain consistency in conducting audits.

The third phase of the audit process requires the detailed testing of records provided by the Company to form an opinion as to whether the Company has complied with the legislative requirements and if not, obtain a sufficient level of evidentiary detail to support the opinion.

The fourth phase will be to provide detailed, timely Audit Reports on the results of our review. This report will be submitted to the Audit Manager and Audit Partner for their approval prior to this report being submitted.


Real Estate Client Information

Legislative Changes - Trust Accounts (Effective from 1 January 2015)

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