Working with Nexia Australia to support the audit of a global healthcare technology business
Through our membership of Nexia, Saffery works closely with Nexia Australia to support the audit requirements of a global healthcare technology business with operations around the world.
The company has developed state-of-the-art technology that uses specialised radioactive gas to enable highly accurate lung imaging and supplies (both the technology and gas) to healthcare providers internationally.
Nexia Australia acts as the group’s principal auditor and works closely with Saffery to support the audit of the UK business and help meet interim and year-end reporting deadlines.
The challenge
As part of a listed international group, the UK operation is subject to significant audit and regulatory requirements while balancing procedures and financial systems appropriate to the scale of its UK operations.
The client needed a coordinated service that would satisfy group reporting obligations while ensuring information could be gathered, reviewed and delivered efficiently to support strict reporting deadlines.
How we help
Saffery works closely with Nexia Australia to support the audit of the UK business and contribute to the wider group reporting process. We meet with the Australian team to understand their requirements, agree timelines and establish a pragmatic approach to delivering the information required for the group audit.
This collaborative approach enables us to provide the group auditors with the information they need within a month of the interim and year-end reporting dates, supporting the timely completion of the group’s financial reporting obligations. The relationship has been further strengthened through a Saffery-trained senior manager transferring to Nexia Australia, creating additional continuity and insight across the engagement.
Results
Through close collaboration between the UK and Australian teams, the client benefits from a seamless international audit service that supports both local and group reporting requirements. The agreed approach enables audit work to be completed efficiently and information to be delivered within the demanding reporting timelines required by a listed business.
The engagement demonstrates the value of Saffery’s membership of Nexia and the strength of the relationships across the network. By combining local expertise with international coordination, we provide consistent support across jurisdictions. As a result, the client receives a joined-up service that supports compliance, reduces complexity and helps meet critical reporting deadlines.
