Financial Auditing Services
Lynden Group Melbourne is an Australian accounting firm operating under the regulation and law of Australia. We provide comprehensive financial auditing services needed and considered ourself as part of the next generation accounting firms who include cyber security auditing as part of its delivery.
Financial Auditing Services
Lynden Group Melbourne sets the bar for modern financial auditing services with a unique offering that goes beyond traditional number-crunching by integrating a comprehensive cyber audit component. Recognising the intertwined nature of finance and technology in today’s digital-first world, Lynden Group ensures that its clients’ financial health is assessed not only for fiscal accuracy but also for cybersecurity robustness. This dual-focused approach means clients benefit from an audit that scrutinizes their financial statements while simultaneously protecting their data integrity, providing a holistic view of their financial and digital resilience.
In the realm of financial auditing, Lynden Group’s service stands out for its proactive stance on digital threats that companies face. The cyber audit element of their service is designed to identify vulnerabilities within an organization’s digital infrastructure that could lead to financial discrepancies or security breaches. By addressing these risks, Lynden Group ensures that their clients' financial assets are safeguarded against the ever-evolving landscape of cyber threats. This commitment to incorporating cybersecurity measures into financial audits exemplifies Lynden Group's dedication to delivering cutting-edge and comprehensive auditing services.
Regulator View
In a recent statement, the AUASB emphasised the need for financial auditors to understand and consider the risks and impacts of cybersecurity on the financial statements they are auditing.
According to the AUASB, financial auditors should be aware of the potential impact of cybersecurity incidents on the financial statements of their clients, including the potential for errors, fraud, and misstatements. They should also be familiar with relevant cybersecurity frameworks, such as the Australian Cyber Security Centre's Essential Eight Maturity Model, and understand how to apply these frameworks to the financial audit process.
At Lynden Group, our advisors are well-equipped to help companies navigate the complex landscape of cyber security during their annual financial audit.
With deep expertise in the area of cyber resilience and a thorough understanding of the latest developments in the field, we work closely with clients to ensure that their financial statements accurately reflect the risks and impacts of cyber security.
Whether it's by providing guidance on relevant frameworks, helping to assess the effectiveness of existing cyber security controls, or developing comprehensive cyber security plans and recovery strategies, we strive to be a valuable partner in the journey towards a more secure and resilient future.
So if you're looking to make sure that your financial audit takes cyber security into account, consider working with the experts at Lynden Group.