The Accounting Professional & Ethical Standards Board (APESB) released an Independence Guide in May 2020. This guide was rewritten to incorporate changes to APES 110 Code of Ethics for Professional Accountants (the code) which took effect from 1 January 2020. In response to this guidance provided to Australian Auditors, HQB have expanded their Audit Services to include an Audit Readiness Solution, to assist organisations in preparing for their audit.

Preparing for an audit can be a stressful time for many finance teams. Our passion is to work collaboratively with your team, to ensure that skills and processes are imbedded operationally as a consequence of our involvement.

Our Audit Readiness solution includes:

  • Financial Statement Preparation in accordance with your relevant regulatory requirements
  • Collation of supporting workpapers that underpin the financial statements
  • Assistance in obtaining technical opinions and drafting position papers on new and emerging accounting standards or significant transactions or events
  • Financial mentoring to smaller organisations to support your staff in providing reliable, effective, and timely management reporting
  • Engaging with your audit committee to identify potential risks ahead of the commencement of the audit process
  • Access to regular training to ensure that your finance team stays up to date with the latest financial reporting changes and industry developments

At HQB we have a team of experienced professionals with the sole aim of ensuring that your business is prepared for your statutory audit/review. If you would like to discuss your needs in further detail, please contact James Davis for more information.

– Michelle Paull

Posted 28.01.2021

This article is compiled as a helpful guide for your private information and is subject to copyright. We suggest that you do not act solely on the basis of material contained in this article because items are of general nature only and may be liable to misinterpretation in particular circumstances. We recommend that our advice be sought before acting on any of these crucial areas.

What Our Clients Say

I'm really enjoying the personalised touch and service I'm receiving from Ian and Siarn. Always prompt, professional and happy to answer my silly questions and help me stay informed. I've been a client of Bill's and HQB for about 20 years. Since Bills retirement he passed me on to Ian and the quality of the service just seems to keep getting better. HQB comes highly recommended by me.
Trent Allen
Trent Allen
03:43 25 Jun 20
We highly recommend the team at HQB. We are a Sydney based business, and we find the team highly professional, responsive, and just a pleasure to deal with. They are very proactive and we feel as though we are a valued client. Well done to Brad Sheaves and team HQB !
Alastair Fysh
Alastair Fysh
04:31 25 May 20
HQB accountants have been an asset to our business. They have made Job Keeper a breeze and kept our business strong. They respond to emails quickly. They have been terrific value for us as they have brought knowledge and expertise that I don't have even if I had the time to do my accounting. They have taken the time to understand my business and structure our finances accordingly.
Kyle Maloney
Kyle Maloney
06:19 22 May 20
Amazing service from James (& Brianna), going well above his responsibilities to his clients. Cannot recommend James highly enough. HQB a highly professional and responsive accounting firm. Incredibly quick at responding, yes, often after hours, which is more than we would ever expect from any professional. I am continually recommending James to friends and family. Many thanks James. Kind regards, Lyn (& Jeff) Green
Jeff Green
Jeff Green
01:02 17 May 20
James became our Accountant last year and he has handled all our entities swiftly and pro actively. We are incredibly impressed with him and HQB and feel very comfortable in their hands to manage our Business. James is always prompt in replying and sometimes out of hours and his handling of our recent predicament with COVID 19 has helped us manage our Business successfully through this trying time. Thank you James and the team at HQB. We will always recommend you highly,.
Pandora Colledge
Pandora Colledge
01:36 15 May 20

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