Transparency report

Transparency report

20 Pages · 2017 · 1.13 MB · English

and audit quality. With a continuing focus on technology, our people and enhanced quality control and risk management systems, our commitment to audit quality is paramount. of the Crowe Horwath International Accounting and Audit under review, our unwavering commitment to audit quality.

Transparency report free download

Audit | Tax | Advisory Transparency report | 2016 wwwcrowehorwathcomau Crowe Horwath Perth For year ended 30 June 2016 Contents Message from the Chief Executive Officer 3 Message from the Managing Partner, Audit and Assurance 5 Crowe Horwath Australasia 6 Structure and ownership 9 Our global connections 10 Internal quality control system 14 Partner remuneration 18 Independence practices 18 Financial information 18 Audit and assurance clients 19 2 The Crowe Horwath Transparency report for 2016 provides a road map of our commitment to ser\ vice and audit quality With a continuing focus on technology, our people and enhanced quality control and risk management systems, our commitment to audit quality is paramount Message from the Chief Executive Officer I am pleased to share with you Crowe Horwath’s Transparency report for the year ended 30 June 2016 As one of Australia and New Zealand’s largest diversified financial services organisations, we place a high value on transparent dealings with our clients This report is one of the many tools we use to achieve this You will no doubt agree that the pace of change and level of complexity in financial services is increasing exponentially More specifically, an engagement as an Auditor deeply relies on impartiality and independence in the efficient performance of that function Over the past year we have made some significant improvements to our processes to better ensure we continue to meet the required standards A key focus in 2016 has been to lay the groundwork to more fully integrate our internal quality control and risk management systems across all brands and service lines so that we may better manage the quality of service We have also integrated Crowe Horwath Audit and Assurance Services into our fully integrated advisory model across Australia and New Zealand which we call the Family Office As part of this national strategy, we appointed Brendan Worrall as our first Managing Partner for Audit and Assurance across Australasia in August 2016 Brendan is also a member of the Crowe Horwath International Accounting and Audit Committee which represents Audit practices in over 130 countries throughout the Crowe Horwath global network These and other initiatives, some of which are outlined in this report, will allow us to establish and communicate a consistent strategy for our Audit and Assurance business one that reinforces our commitment to audit quality while at the same time investing in technology, our people and enhanced quality control procedures Our focus remains to ensure client satisfaction, deliver value for money and build on the expectations of our profession I am excited to be leading the organisation into a new phase of our journey, and I am pleased to present this report as a part of our commitment to audit quality and client service Spiro Paule Chief Executive Officer Crowe Horwath Australasia Part of Findex 3 4 A brand for every stage of your financial journey Boutique Premier Digital 4 4 Message from the Managing Partner, Audit and Assurance This is Crowe Horwath Perth’s fourth annual Transparency report and my first since taking up the position of Managing Partner of Audit and Assurance across the Australasia region Although my appointment only took effect after the year under review, our unwavering commitment to audit quality and maintaining a strong focus on integrity, people, systems and processes continues unchanged This is essential to delivering impeccable professional services while enhancing the creditability of

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