Energy and utilities

RSM offers services to the Energy and Utilities sector

There is a growing opportunity in Australia for the energy and utilities sector.

Australia is rich in natural resources and is home to some of the world's best energy assets.

We understand the difficulty of managing risk, providing optimal financial performance, and making effective decisions. Energy sector specialistsOur specialist government and public sector team have the experience and in-depth knowledge you need to meet accountability demands and operate the best you can.

As the energy sector in Australia continues its rapid rate of change, organisations and utility companies must continue to be on the front foot in being aware of new developments and adapting to new requirements. We at RSM understand this challenge for utilities clients, and the importance of strategic thinking with the flexibility to adapt.


How can we help you?

Are you looking for energy and utility organisation services at RSM?

Our tax, audit and accounting specialists provide a range of services for organisations in the energy and utilities sector.

We dig deeper to truly understand our clients and the unique business environments they’re operating in and by doing so, we identify emerging opportunities and pre-empt challenges with the right solutions.

RSM’s expertise in the energy industry

RSM has been operating in the energy industry since 2002.
We have developed our expertise in many areas over this time covering:

  • Regulatory and legislative compliance audits
  • Internal audit services
  • Greenhouse and energy efficiency audit services
  • Metering audit services
  • Commercial fishing and aquaculture
  • Transportation and machinery

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To prosper, the energy sector and utility companies will have to satisfy a diverse range of customer, business and community demands and do so in a rapidly changing regulatory and technological environment.

This has given us a deep understanding of the energy industry broadly, market processes for metering, and the business processes and systems for the current meter service providers operating in the National Electricity Market (NEM).

At RSM, we have a client-centric approach focused on providing the highest quality of service. Our definition of success is focused on service excellence and building long-term relationships.

Our experience with undertaking regulatory compliance audits and our understanding of energy markets will ensure our services not only meet your expectations but importantly, the expectations of various regulatory bodies.

Our teams are well experienced in the principles of the relevant audit and assurance standards, and their application in undertaking high-quality risk based operational and compliance audits.

Contact an energy sector business expert

RSM is well equipped to advise clients on a range of current issues such as the renewable energy target (RET), coal seam gas availability and price as well as the ongoing impact of technology such as big data, smart meters and data sensors.

RSM offers Safe Harbour strategies

Carbon capture, use and storage hubs and technologies | Hubs stream

12 October 2021
The Carbon Capture, Use and Storage Hubs and Technologies Program (CCUS) is a $250 million initiative that runs over 10 years to 30 June 2031 and is targeted at businesses that have a focus on the design and construction of shared CCUS infrastructure between multiple co-located emitters and viable CO2 storage sites.

Carbon capture, use and storage hubs and technologies | Technologies stream 

11 October 2021
The Carbon Capture, Use and Storage Hubs and Technologies Program (CCUS) is a $250 million initiative that runs over 10 years to 30 June 2031 and is targeted at businesses that have a focus on supporting collaboration and innovation in CCUS technologies and the identification and development of viable CO2 storage sites.

Changes to Compulsory Super Guarantee Payments

10 June 2021
As part of Australia’s superannuation system, employers are currently providing superannuation guarantee of 9.5% under Superannuation Guarantee (Administration) Act 1992 (Cth).

The ATO Director Penalty Regime

15 June 2020
The ‘corporate veil’ separates the rights, obligations and liabilities of a company’s Shareholders / Directors from those of the company itself.

Managing climate change – companies facing financial and legal risks

5 March 2020
In a recent article in The Age, it was reported that Australian business leaders are becoming increasingly anxious about the threat of climate change. Recent research indicates that Australian business leaders view climate change as the biggest issue facing society.  

Expertise in climate change, sustainability and environmental risk management

4 June 2019
Climate change and the environment are topics continually making headlines on a regular basis.

Political bid to restore confidence in Murray Darling Basin Authority

1 August 2017
Farmers need greater clarity around what constitutes ‘appropriate compliance’ with Murray Darling Basin Authority water use regulations, before the findings of a badly needed review initiated by the Turnbull government are made public later this year, warns RSM Australia.

AEMO report on the South Australian blackout

28 April 2017
On Tuesday 28 March 2017, the Australian Energy Market Operator (AEMO) released its fourth and final report into South Australia's September blackout with the conclusion that overly sensitive settings in some wind farms resulted in the statewide blackout. It also found the intermittent nature of wind was not to blame for the statewide blackout.

Tips to improve your cash flow

17 February 2016
The start of the new year provides small businesses with the perfect opportunity to improve their credit management and cash flow conversion cycle. Here are some tips for improving your credit management and cash flow in 2016:

Small businesses instant asset write-off

29 May 2015
Instant write-off for small businesses Small businesses will be able to claim an immediate tax deduction for each asset that costs less than $20,000 (net of GST credits), to the extent the asset is used for tax-deductible purposes. 

WA state tax exemption for charitable bodies or organisations

10 April 2015
How will the changes affect your organisation?

How to minimise the risk of aquisitions

30 March 2015
Merger and acquisition activity is soaring in some sectors such as healthcare, while it is taking a backseat in other sectors such as mining services. In this climate, businesses must take a step back and evaluate the benefits and risks of making acquisitions in their sector.

'Stopping multinational tax avoidance': ALP policy launch

16 March 2015
The Australian Labor Party (ALP) has outlined proposed measures to combat multinational tax avoidance in a 2 March 2015 policy launch.  The proposed measures expect to raise $1.9bn over three years, and comprise:

Fringe benefits tax – tax tips for year end

16 March 2015
With 31 March just around the corner, many businesses are focusing on ways to reduce their fringe benefits tax (FBT) liability. We have therefore provided the following strategies that may help in reducing FBT.

Practical applications of BEPS Action 13: transfer pricing documentation and country-by-country (CbC) reporting

6 March 2015
The organisation for economic co-operation and development launched the base erosion and profit shifting (BEPS) project in September 2013 to develop an action plan to standardize and modernize global tax policy. 

OECD to hold public consultation on several transfer pricing related BEPS action points

5 March 2015
On March 19 and 20 the OECD will hold its public consultation on action points 8, 9 and 10 of the base erosion and profit splitting (BEPS) project. Topics on the agenda include:

Payroll tax update for WA

5 March 2015
Payroll tax threshold The Western Australian payroll tax threshold went from $750,000 to $800,000 on 1 July 2014. Plans to raise it to $850,000 have been delayed to 1 July 2016 (at this stage!).