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Audit & Assurance
Rigorous, technology-enabled audits that deliver the transparency capital markets demand — and the insights management needs to lead with confidence.
An Independent Audit Is a Strategic Asset
An independent, high-quality audit is the foundation of trust between an organisation and its stakeholders — investors, lenders, regulators, and the public. At INNOVATIVE NATIONAL TAX & UPKEEP INTERNATIONAL TALLY PTY LTD, we treat every engagement as a responsibility, not a transaction.
Our audit practice operates under a single global methodology, regardless of geography. Each engagement is led by an experienced partner with sector expertise and supported by specialists in tax, IT controls, valuations, and actuarial science where the engagement demands it.
Our Audit Approach
A four-phase methodology built on rigorous risk assessment, advanced data analytics, and transparent communication at every stage.
Risk Assessment
We begin by developing a deep understanding of your business model, industry dynamics, and control environment. Using our proprietary audit intelligence platform we analyse transactional data to pinpoint areas of inherent and control risk before a single audit procedure is executed.
Planning & Scoping
Our engagement team — led by a dedicated partner and senior manager — designs a tailored audit plan. Materiality thresholds, component auditor coordination, and significant accounting judgements are documented and discussed with management and the audit committee.
Fieldwork & Testing
Substantive testing, controls evaluation, and analytical procedures are executed with precision. Our AI-enabled journal entry testing reviews 100% of entries for unusual patterns, related-party anomalies, and late posting irregularities.
Reporting & Communication
We deliver a clear, actionable audit report accompanied by a management letter identifying internal control observations and improvement recommendations. Partner-level communication with the audit committee is standard on every engagement.
Service Offerings
Our assurance practice encompasses a comprehensive range of attest and advisory engagements, tailored to your reporting obligations and stakeholder requirements.
Financial Statement Audits
Public and private company audits conducted under US GAAP, IFRS, and PCAOB standards. Our full-population data testing eliminates sampling bias and surfaces material misstatements with greater reliability.
Internal Audit Co-Sourcing & Outsourcing
We supplement or fully manage your internal audit function, deploying specialists in financial controls, IT systems, and operational processes to deliver an audit committee-ready programme.
IT & Controls Audit
Assessment of general IT controls, application controls, and automated business process controls within ERP environments including SAP, Oracle Cloud, and Workday.
PCAOB Compliance
Integrated audits of financial statements and internal control over financial reporting (ICFR) as required under Sarbanes-Oxley Section 404(b) for SEC-registered issuers and foreign private issuers.
SOC 1 & SOC 2 Reports
Type I and Type II service organisation control examinations under SSAE 18. We serve technology providers, data centres, payroll processors, and financial services outsourcers.
IFRS / US GAAP Advisory
Technical accounting support for complex transactions including revenue recognition (ASC 606 / IFRS 15), lease accounting (ASC 842 / IFRS 16), business combinations, and financial instruments.
Technology-Enabled Audit
Our proprietary audit intelligence platform transforms how we gather evidence, assess risk, and communicate findings — delivering higher quality at greater efficiency.
Sector Expertise
Ready to Elevate Your Audit Quality?
Contact our Audit & Assurance practice to discuss your reporting obligations, upcoming filings, or a transition from your current auditor.