Who We Are
In a rapidly developing environment based on client demands, technological advances and government regulations the need for risk management is crucial now more than ever.
ARMOR™ has been developed to assist accountants in practice to identify, manage and mitigate day to day operational risks. Based on experience of advice and reviews of accounting practices in Australia, it is was clear that there was no effective governance or resource to review and manage risk within the business. As a result, this is an area often overlooked by practitioners due to the ongoing focus of client demands.
ARMOR™ assists accountants by providing appropriate and professional advice to cater for risk identification and compliance with government regulations and providing specific solutions and implementation to manage and overcome these areas.
What We Do
Review and identify risks in accounting practices and client engagements for multi-partner firms and sole practitioners.
Develop and enhance your practice's risk management policies and procedures to be compliant with assessment frameworks.
Assess practice risks:
- Clear consistent policies embedded into everyday operations
- Effective governance oversight
- Risk mitigation of onboarding, client engagements and client advice
- Policies and procedures for governance and AML compliance
- Readiness for AML and CTF regulatory obligations including KYC and CDD
- Documented risk management frameworks and quality control requirements
- Compliance with TPB, APES standards, and AUSTRAC requirements