Elderton Group

About Elderton Audit

Elderton Audit, a branch of the esteemed Elderton Group,
renowned for its unwavering commitment to delivering personalised service and quality advice. Our expertise spans various sectors, including private corporations, not-for-profit organisations, publicly listed companies, and more. We have the capacity to meet the demands of larger businesses while preserving close, personal connections with our clients and among our team members.

Value for Money

Operating in a competitive marketnecessitates that Elderton Auditremains price-competitive withoutcompromising value. Our charge-outrates are approximately two-thirdsthat of major international firms.

Industry Knowledge

Elderton Audit and its directors boastextensive experience working with awide variety of organisations. We notonly possess a deep understanding ofthe technical challenges faced bybusinesses but also pride ourselves onour commercial acumen.

Business Assurance and Advisory Division

Elderton Audit’s Business Assurance and Advisory Division are categorized into four primary groups: Specialist Audit, Risk Management, Generalist, and Management Accounting. This structural division ensures that the most qualified professionals handle your audit, ensuring we meet all your reporting requirements. Our team members come with generalist backgrounds complemented by specialised skills, enabling them to provide general business advice as required.

Our Business Assurance and Advisory Division conduct over 100 audits annually, including 25 publicly listed companies in Australia, primarily in there source and IT sectors. This extensive experience, coupled with our unwavering commitment to staying at the forefront of technical and regulatory changes, positions us to provide up-to-date advice and guidance on governance, risk management, and accounting-related matters.

Our Audit Approach and Methodology

Elderton Audit’s audit approach is engineered to:

  • Ensure the efficient and effective completion of your audit.
  • Add value to your business by offering practical business insights.
  • Conclude the audit with minimal disruption to your operations.

Our approach is proactive, going beyond mere statutory compliance. We report all observations related to financial and operational practices to management, with the aim of enhancing your business. We work closely with your staff to share our knowledge and expertise.

Customised Audit Solutions

We acknowledge that each client is unique, and we tailor our audit approach accordingly. Our standard audit methodology blends controls-based assessments with varying levels of substantive testing, dependent on your specific risk profile and business objectives. This personalised approach provides directors and stakeholders with confidence in the reliability of their financial information.

Audit Technology

Elderton Audit employs sophisticated audit software recognised as the industry’s best practice technology platform. This advanced software streamlines the audit process by directly downloading trial balances into our audit files, facilitating efficient and effective audit procedures. We collaborate seamlessly with your team to minimise disruption.

Reporting and Communication

Effective communication and collaboration are at the heart of our audit process. We collaborate with you to establish timeframes for regular meetings with management, ensuring our reports align with your requirements. Our accounting advice is designed to facilitate the prompt resolution of any contentious issues, ensuring timely audit clearance in accordance with statutory requirements.

The Client Service Team

At Elderton Audit, we have carefully assembled a dedicated team equipped with the requisite skills and experience to serve you effectively. Our team structure is flat, with partners and managers adopting a hands-on approach to minimise audit procedures and ensure efficient completion of assignments.

A Substantial yet Flexible Firm

Elderton Audit’s inception was rooted in the commitment to deliver personalised service and offer quality advice. We recognise that audit firms should be not only substantial in size but also flexible in approach. Our practice possesses the requisite scale to effectively manage your audit while fostering direct communication between our Audit Director and the client. This approach encourages transparent and open lines of communication, facilitating swift issue resolution.

In conclusion, Elderton Audit stands as the optimal choice for organisations seeking an audit partner that combines substantial expertise with personalised service. Our commitment to efficient, customised audit solutions and unwavering dedication to client satisfaction makes us the preferred ally in the pursuit of financial excellence.