Saward Dawson provides significant assurance and other services to the religious sector. We undertake audits for the major denominations, some of Australia’s largest churches and many other churches and affiliated organisations.
The religious sector continues to enjoy many tax concessions and it is critical that these organisations ensure compliance with certain key requirements on a high standard of reporting accountability.
In 2000, when GST was first introduced, we prepared the GST Guide for Church Treasurers to ensure they were equipped for the introduction of the GST. Since then, we have produced a treasurers guide for churches, charities and not-for-profit organisations.
We are engaged to undertake the external audit of a significant number of religious organisations (both large and small). As such, we are well placed to assist with your audit and assurance requirements. Our experience and involvement in the religious sector gives us firsthand insight into the challenges faced by religious organisations and churches.
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 audit of religious organisations enables us to understand the key drivers of financial performance; our benchmarking allows us to identify areas of key risk.
We undertake fully electronic audits embracing advanced data interrogation techniques that enable to use our expertise in the interpretation of variances, exceptions and matters requiring skill and judgement.
We are proud of and value our working relationships with both management and governance bodies. They help to ensure that maximum value is provided whilst maintaining strict independence.