CLG Assurance & Advisory

CLG Assurance & Advisory

CLG

About

CLG Assurance & Advisory is a Melbourne based Chartered accounting firm, providing audit and assurance, outsourced finance, risk consulting, sustainability advisory services, and governance support to organisations in various industries.

We have extensive experience working with tertiary education institutions, not-for-profit organisations and charities as well as small and medium-sized businesses (SMEs).

We provide top quality and cost-effective services tailored to our clients’ needs, with a focus on building strong and trusting relationships with each of our clients to address the real issues and deliver solutions.

Our core values:
✓ Professional excellence
✓ Honesty and integrity
✓ Trust and respect
✓ Teamwork
✓ Extraordinary client services
✓ Caring for our clients, people and environment

Our clients:
Australian Council of Superannuation Investors | Australian China Education Foundation
Mother’s Day Classic Foundation | NeuTek Energy | RMIT University | Women in Super

Assurance Services

Audits, Reviews or Agreed-Upon Procedures

Our team has extensive experience in all aspects of audit and assurance and have a track record in undertaking audits, reviews and agreed-upon procedures.

The purpose of an audit is to provide independent assurance that management has, in its financial statements, presented a ‘true and fair’ view of an organisation’s financial performance and position.

A review provides a lower level of assurance than an audit, where reviewers form a view if nothing has come to their attention that causes them to believe that the financial report does not meet regulatory requirements.

System and Controls Review

Understanding the design and implementation of controls and monitoring their effectiveness are critical for an organisation’s operational success. Our review of financial and operating systems can provide your organisation with an independent assessment of system design and the effectiveness of the controls.

Sustainability Reporting Assurance

Sustainability reporting is relatively new. Third-party assurance enhances the credibility and trust of the data quality of sustainability disclosures, and the design and implementation of the internal controls.

We can provide independent assurance to your sustainability reporting in accordance with the Australian Standard on Assurance Engagements ASAE 3000.

Advisory Services

Outsourced Finance Function

Outsourcing a finance function can be a cost-effective alternative to meeting finance obligations. Our services cover bookkeeping, tax, monthly management reports, annual financial reports, cash flow projection as well as other support essential to finance function.

ESG and Directors’ Duties

Boards of directors and executive leadership teams play a critical role in identifying, addressing and managing material Environmental, Social and Governance (ESG) risks and opportunities, understanding the associated financial implications, and building a sustainable and resilient business model for the organisation. Directors must ensure that commitments and targets are underpinned by proper governance processes, strategies, plans and actions.

We can help boards understand the regulatory environment and the duties and expectations of directors, and help organisations review ESG governance structure, governance processes and controls, strategic integration, risk management, and reporting and disclosure.

Sustainability Materiality Assessment

If your organisation has not yet embarked on the ESG journey, a sustainability materiality assessment is a good start to better understand stakeholder expectations, identify material ESG issues, risks & opportunities, and manage and report on them.

Our sustainability materiality assessment services encompass stakeholder mapping, stakeholder engagement and consultation, identifying and scoring ESG issues, and ESG topics prioritisation.

ESG Financial Impact Analysis

ESG performance has been closely linked to financial profitability. We help your organisation link ESG risks and opportunities to financial performance and enterprise valuation, which includes assessing the impacts on your organisation’s revenue and costs (now and future), assets and liabilities, and cost of capital.

Sustainability Reporting Trends and Recommendations

We have seen an increase in the demand of ESG information from investors and other stakeholders. We can help your organisation find the suitable sustainability standards or frameworks for public reporting and disclosure.

We also provide support to your organisation’s reporting processes, from advising on governance such as board’s roles, to the design and implementation of control procedures to improve data quality.

Transition to Integrated Reporting

Over the past thirty years, annual reports have become increasingly lengthy and complex. Users are often provided with hundreds of pages of information, but still do not have a complete picture of an organisation.

Integrated Reporting uses a holistic approach of Integrated Thinking, which enables stakeholders to have a more complete picture of an organisation. Integrated Reporting stresses the connectivity between an organisation’s past performance, current results and future aspirations. It connects the content elements of an annual report and the financial and non-financial information, and focuses on an organisation’s value creation over the short, medium and long term. We can assist your Integrated Reporting journey.

People

Connie Howe
BEc, CA, GAICD, IM&A, RCA

Principal

Connie has over 25 years’ experience in finance, risk, governance and corporate reporting. Her international career experience includes nine years with PwC across Shanghai, New York and Melbourne in the Financial Services Practice, several years at the largest pan-Asian life insurance company in China as Head of Finance, and various senior positions at the Victorian Auditor-General’s Office and a mid-tier accounting firm providing audit and advisory services to not-for-profit organisations and charities. From 2014 to 2020, Connie was an Executive and the Company Secretary of Australian Council of Superannuation Investors, an organisation that provides proxy voting advice to super funds and engages with ASX-listed companies on their ESG performance and disclosure.

Connie has extensive knowledge and experience in audit and assurance, CFO advisory, M&A due diligence procedures, corporate governance, and ESG/sustainability. With her unique experience in both finance and ESG, she has a strong interest in helping organisations identify ESG risks and opportunities, report on them and, more importantly, link sustainability performance to financial outcomes and enterprise value.

Connie is a qualified Chartered Accountant, a Graduate of the Australian Institute of Company Directors, an ASIC Registered Company Auditor, a Registered Self-Managed Super Fund Auditor, a Sustainability Accounting Standards Board (SASB) Consultant, an Integrated Reporting Consultant, and an International Mergers & Acquisitions Expert Charterholder.

Consultants

Our consultants are qualified and experienced accountants and industry practitioners, well equipped with the knowledge and skills to assist you with your specific requirements. Our team will provide you with both broad experience and the most up-to-date knowledge to address the issues and challenges you may face in a rapidly changing world.

 

Contact

Connie Howe
Principal

CLG Assurance & Advisory
Level 27, 101 Collins Street
Melbourne, VIC 3000

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