What are external audit or Assurance services?

External audit services, also known as Assurance, involve an independent review of a company’s financial statements and records to ensure accuracy, compliance, and transparency.

What external audit and Assurance services does 3Kinds Accounting offer?

We provide independent financial audits, compliance reviews, and assurance services tailored to your industry and business requirements.

Why are assurance and external audits important?

External audits validate the accuracy of financial statements, build stakeholder confidence, and ensure regulatory compliance.

Who requires an assurance external audit?

Assurance External audits are often required by corporations, not-for-profits, government agencies, and businesses seeking investor confidence or regulatory approval.

How is an assurance external audit different from an internal audit?

Assurance and external audits are performed by independent auditors to verify financial statements, while internal audits focus on internal processes and risk management.

What is included in an assurance external audit?

An assurance external audit includes reviewing financial statements, testing internal controls, and providing an independent opinion on financial accuracy and compliance.

How often should assurance external audits be conducted?

Most organisations conduct assurance external audits annually, but the frequency may vary depending on regulatory or stakeholder requirements.

Do you work with not-for-profit organisations for audits?

Yes, we specialise in providing assurance external audit services for not-for-profits, ensuring transparency and compliance with reporting standards.

What makes 3Kinds Accounting’s external audit services different?

We combine years of experience, industry expertise, and a commitment to transparent, independent auditing to deliver reliable results.

How do I get started with an external audit?

Contact Louise at 3Kinds Accounting to schedule a consultation, and we’ll assess your requirements and prepare a tailored audit plan.

Assurance Services

At 3Kinds Accounting, we are your trusted assurance services provider in the Wollongong and Shoalhaven areas.

At 3Kinds, we use our knowledge, skills, and experience to deliver high-quality audits with professional scepticism, independence, integrity, and objectivity.

High-quality audits facilitate economic growth and enhance trust and confidence in your business.

Our experienced team specialises in delivering reliable external audit services for businesses of all shapes and sizes.

With a strong focus on transparency and integrity, we tailor our external audit services to meet your unique needs.

We provide our external audit services to businesses across various industries in the Wollongong and Shoalhaven areas.

Need us to work on-site? No worries! Would you prefer us to handle things remotely? We can do that too.

When you choose 3Kinds, you’re not just ticking a box; you’re gaining a trusted partner who’s committed to helping your business succeed.

Let us take the stress out of your external audit so you can focus on what you do best: running your business.

How We Work

At 3Kinds Accounting, we follow a methodical approach to ensure your external audits are effective and comprehensive:

External Audit Planning: We start with detailed planning to align the audit scope with your business objectives and risk profile.

External Audit Risk Assessment: We identify and assess risks to focus our audit efforts on areas of most significant concern.

Audit Execution: We collect and analyse evidence to evaluate control effectiveness using qualitative and quantitative methods, ensuring consistent adherence to audit standards and guidelines

Audit Findings and Recommendations: Document and categorise findings by severity and root cause, provide sustainable solutions and engage stakeholders to ensure understanding and agreement on corrective actions. In most cases, we attend your board meeting to present our findings and where applicable the financial statements.

Follow-Up and Continuous Improvement: Monitor corrective actions, conduct follow-up audits to verify sustained improvements, and continuously refine methodologies to integrate lessons learned and best practices within our outsourcing external audit service.

Why Choose Us

3Kinds Accounting is dedicated to providing exceptional assurance services. Our commitment to external audit best practices and quality assurance ensures you receive reliable and actionable insights. By outsourcing your external audit needs to us, you benefit from:

Expertise: Our team of seasoned professionals brings a wealth of knowledge and experience to every audit.
Customisation: We tailor our external audit Services to fit your unique business requirements and risk environment.
Efficiency: We use advanced tools and techniques, including external audit process flowcharts, checklists and templates, to deliver precise and timely results.
Value: Our external audit service solutions are designed to enhance your external audit effectiveness and contribute to your business’s overall success.

Louise Kibble

Let’s Talk

Before founding 3Kinds in late 2024, Louise served as the Senior Audit Manager at HLB Mann Judd Wollongong for seventeen years. Since joining HLB in 2007, she developed and managed a diverse client portfolio, including publicly listed entities, manufacturing, education and local not-for-profit organisations focused on employment services for individuals with disabilities. Her experience also includes working with various smaller private, charitable, and not-for-profit entities, as well as SME’s and Sole Traders.

“I find it incredibly rewarding to help businesses get their financials in order, with a strong focus on audit and compliance. The consulting services we offer at 3 Kinds will allow your business to view risk clearly, act swiftly, and make informed business decisions.”

So whether you need support for a one-off engagement or continuous ongoing support with a fixed monthly arrangement, our virtual services deliver tremendous value. Why not book a free initial consultation or call me to get started? Our expert solutions are designed to drive your business’s growth and success, and we are here to provide the strategic leadership, clarity in the numbers and the financial oversight your business needs to thrive.

Assurance Services