Saward Dawson has a significant involvement in the provision of assurance and other services to the aged care sector. We are engaged to undertake the external audit of a significant number of retirement facilities and residential aged care facilities (both large and small).
As such, we are well placed to assist with your audit and assurance requirements. Our experience and involvement in the aged care sector gives us firsthand insight in relation to the challenges faced by organisations working in this sector.
Whilst our audits are undertaken in accordance with the Australian Auditing Standards, they also focus on providing insight into internal control systems, quality and completeness of accounting records, adequacy of accounting policies, compliance with applicable legislation and risks faced by the organisation.
Our experience in the sector has enabled us to understand the key drivers of financial performance and benchmarking allows us to identify areas of key risk.
We undertake a fully electronic audit and embrace advanced data interrogation techniques which enable us is our skills and expertise in the interpretation of variances, exceptions and matters requiring skill and judgement.
In addition to our assurance services, we are also able to bring our experience and knowledge of the various accounting complexities, funding streams, organisational benchmarks and acquittal.
Extended involvement in the sector
Saward Dawson is also involved in consulting to some of the peak bodies in the sector on the future reforms including the individualisation of funding and the costing of services. We are proud of our working relationships with both management and the governance body ensuring that the maximum value provided whilst maintaining strict independence.
We would be pleased to talk to you about how our assurance and other services can provide value to your organisation.