McGrathNicol has a specialist Government Advisory team of professionals in Canberra. The team has extensive experience in providing a range of advisory services to the government sector. Key areas of advisory experience include financial, internal audit, governance, risk management, investigations and probity.

Clients benefit from the following attributes we deliver:

  • Depth of experienced personnel who understand Government
  • Consistent, balanced and high quality advice
  • No audit independence constraints
  • Ability to successfully deliver complex projects
  • ISO 9001:2008 quality certified
  • A commitment to delivering value for money and providing genuine added value
  • A collaborative approach – ensures that our clients are supported at every stage of an engagement

Our clients

We are active participants in more than 30 advisory, governance and risk panels across departments including:

  • Department of Defence and Defence Materiel Organisation
  • Department of Human Services
  • Department of Foreign Affairs and Trade
  • Department of Health
  • Department of Education
  • Department of Employment
  • Department of Infrastructure and Regional Development
  • Department of Industry
  • Australian Customs and Border Protection

Our services

Financial and accountancy services
  • Conducting financial evaluations of programs, financial viability assessments of funding recipients and costing of services
  • Analysis of financial statements and financial performance through review of financial information, ratio analysis and benchmarking
  • Budget preparation, review of performance against budget and variance analysis

Governance services
  • Internal audit services
  • Undertaking compliance audits, to assess adherence to legislation and Government policy
  • Strategic planning services
  • Advice to assist agencies to strengthen their governance and financial management frameworks
  • Funds Administrator and Funds Controller appointments

Risk management services
  • Providing advice on risk assessments and risk management plans, including the identification, rating and mitigation of risks, and associated risk management documentation. Our risk management reviews are conducted in accordance with AS/NZS ISO 31000:2009.
  • Undertaking business continuity reviews, including focusing on:
    • business continuity planning;
    • risk assessment of key business continuity threats; and
    • contingency and disaster recovery planning.

Management and conduct of investigations
  • Fraud control planning, including undertaking fraud risk assessments, preparing Fraud Control Plans in accordance with the Commonwealth Fraud Control Framework, and conducting fraud awareness training
  • Forensic audit and investigation of allegations of internal and external fraud or misuse of Commonwealth funds or assets
  • Conducting investigations using forensic technology
  • Conducting accounting expert assignments and giving expert testimony in legal proceedings.

Procurement, probity advisory and probity auditing services
  • Acting as the external probity advisor to major Commonwealth procurements
  • Reviewing tender documentation for probity issues
  • Providing procurement advice, including in respect of compliance with the Commonwealth Procurement Rules
  • Conducting probity compliance audits
  • Acting as financial advisor to major Commonwealth procurements, including assisting with value for money assessment

Management consultancy services
  • Reviewing and analysing business processes to identify where efficiencies can be realised
  • Performing statistical analysis, conducting financial modelling, and reviewing the economic impacts of proposed projects
  • Developing quality assurance frameworks to underpin financial, operational and strategic activities
  • Developing and reviewing performance measurement frameworks