Wayne is a registered company auditor and offers significant expertise in respect of application of auditing standards and audit quality. He has worked as an auditor for over 30 years for most of the large global audit firms on three continents in the following industries:
- Manufacturing
- Construction
- Hospitality
- Financial Services
- Natural Resources
Wayne has led and been part of national and international peer review programs for a number of the major accounting firms.
Susan was a Technical Accounting Partner at both EY and BDO, having a background in audit, advising ASX 200 companies. In her roles at EY and BDO, she provided guidance on audit assurance matters.
Our roles as expert witnesses in matters involving audit failure and assisting audit practices in responding to ASIC Investigations gives us a unique perspective on audit quality and the practical application of auditing standards.
As financial reporting has become more complicated, audit quality is at the forefront of regulators agenda, however audit fees are being constantly challenged by clients. Many smaller audit practices simply cannot afford to employ full time technical partners, if indeed they could source that talent. Basford Consulting offers tailored solutions for small to medium sized audit practices to maintain audit quality by having access to our specialised services.
Our services include:
- Technical support on application of accounting standards
- Technical support on application of auditing standards
- Peer review / quality review programs
- Training of partners and staff on accounting and auditing standards
- Presentations to clients for accounting and regulatory updates