RSM Australia

Audit & Assurance

Reliable information is the basic prerequisite for confidence in the value of an organisation; for the investor and the public as well as for the organisation itself. A conscientious independent audit of an organisation's financial report provides the basis for this confidence.

RSM's auditors do more than deliver technically excellent audits: they draw on their in-depth knowledge of their clients' business to make constructive contributions for improvement. RSM approaches the audit as a service for the benefit of stakeholders. We demand audit excellence and set tough policies to achieve it. We hire talented people and invest heavily in training and tools, including systems for achieving consistency, objectivity and accountability in strict compliance with professional standards.

Our assurance and advisory methodologies blend technical competencies with a detailed, robust knowledge of our clients and their markets. You can expect a high level of contact with your audit partner, backed by state-of-the-art systems. RSM's accredited audit service developed by RSM International employs world-class, proprietary technology and delivers a paperless audit solution.

The emergence of Blockchain- what you need to know!

Blockchain is one of the more exciting—and more misunderstood—emerging technologies.

ASIC media release on new accounting standards

ASIC published a media release on 16 December 2016 highlighting the need for action on three major new accounting standards.  The three standards are: AASB 9 Financial Instruments (applies from years commencing 1 January 2018)

The fine art of hiring consulting services

By investing more time running a competitive tender process, companies should end up with consulting services that better reflect their business needs.

2016 Transparency report

Quality is the absolute cornerstone for RSM.

Industry insight - Vitamin and supplement manufacturing

A snapshot of the key statistics and current industry performance in the vitamin and supplement manufacturing sector.

Industry insight - Milk powder manufacturing

A snapshot of the key statistics and current industry performance in the milk powder manufacturing sector.

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

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.

Change in discount rate for employee obligations

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.

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