J O’Connor Pty Ltd blog provides practical guidance on audits, reviews, governance, and financial reporting issues commonly faced by incorporated associations and community organisations.
Access to Records, Confidentiality and the Privacy Act — Why Trust Matters in Auditing
Learn why auditors and independent reviewers require access to committee minutes and financial records, how the Privacy Act 1988 protects your information, and why Chartered Accountants treat confidentiality as a professional obligation.
Why Engagement Letters Matter
An engagement letter sets out the terms of an audit or review, including scope, responsibilities, and fees. For incorporated associations, it plays a key role in managing risk, supporting compliance, and ensuring clarity before financial reporting work starts.
Management Letters — Why clients don’t understand them.
A management letter explains internal control weaknesses and practical recommendations found during an audit. This guide explains what it means in plain English for committees, treasurers and boards.
Transparent Pricing: How Fixed Fees Reduce Risk
Transparent pricing and fixed audit fees help reduce financial risk, improve budgeting certainty, and build trust for incorporated associations and community organisations.
Common Errors
Learn the most common financial reporting errors in incorporated associations and how to avoid them. A practical Queensland guide for committees, treasurers, and not-for-profits.
Why Auditors Must Stay Independent
A practical guide to auditor independence for incorporated associations in Queensland. Learn the rules, risks, and why independence is essential for audits.
Understanding Reviews and Audits
Not sure if your group needs a review or an audit? This short guide explains both in simple terms for Queensland community organisations and P&Cs.