RSM Australia

Ged Stenhouse
National Head of Audit & Assurance


Office : Canberra
Service :
Sector :
Biography

Ged is a Partner and National Head of the Audit & Assurance division. He provides both internal and external audit advice to public and private sector clients including the federal and ACT governments, as well as public and proprietary companies.

Ged has over 25 years' experience in public accounting and auditing, as well as commercial experience with two years working in Canada. Much of this time was spent at a 'Big 4' accounting firm where he was a partner for nine years in Canberra.

Ged Stenhouse is a Partner of RSM Australia Partners and a Director of RSM Australia Pty Ltd.

Solutions Ged provides

Ged has extensive experience across the Federal and ACT government as well as private sector entities in the following areas:

  • internal audit
  • financial statement audit
  • due diligence investigations
  • financial management consulting
  • quality assurance
  • risk management and corporate governance reviews
  • fraud investigations and control plans
  • probity reviews

Significant projects

Ged has worked as agent for both the Commonwealth and ACT auditor generals to conduct audits of public sector entities on their behalf.

Ged also performs financial statement audits of numerous private sector organisations as well as providing internal audit services to primarily the public sector.

Professional associations

  • Fellow, Chartered Accountants Australia and New Zealand
  • Member, Institute of Internal Auditors
  • Registered company auditor

Qualifications

  • Bachelor of Commerce majoring in Accounting
  • Finance and Systems (New South Wales)
Publications

Financial reporting update for 30 June 2016

9 June 2016
It is that time of year again, finance teams are getting ready for year-end reporting season so we have compiled this financial insight to provide you with a round-up of the latest updates in the financial reporting and auditing worlds. This edition provides an overview of what needs to be considered for periods ending 30 Jun...

Maintaining audit quality: 10 things audit committees should check with auditors

19 April 2016
The purpose of an audit is to confirm the validity of financial statements and help determine the value of an organisation. The auditor’s role is to express an objective opinion on whether the organisation’s management has fairly presented the information in financial statements. Investors, partners, and customers will make decisions based on t...

A Glance at IFRS 16 Leases

18 January 2016
On 13 January 2016, the IASB published the long-awaited IFRS 16 Leases.  The project to issue a new leases standard began in 2006, primarily in response to user concerns about off-balance-sheet assets and liabilities arising from operating leases. Since then, the boards have jointly published a Discussion Paper in March 2009, and two Exposure ...

Change in discount rate for employee obligations

8 October 2015
Under AASB 119 Employee Benefits, all for-profit entities and not-for-profit private sector entities are required to discount employee liabilities using the rate applicable to high quality corporate bonds. Where there is no deep market for those bonds, government bond rates are used. In Australia the accepted view has been that there...

Revenue recognition in construction industry

28 January 2015
On 28 May 2014, the IASB and FASB issued a converged, principle-based standard on revenue recognition, which will serve as a single point of reference for recognising revenue arising from all types of contracts with customers, and become effective for annual periods beginning on or after 1 January 2017. The long-awaited standard, IFRS 15 Revenue fr...