Australian Financial Services Licence (AFSL) audit services
Whether you’re a sole financial adviser or managing a complex fund structure, holding an Australian Financial Services Licence (AFSL) comes with significant compliance obligations. At Allen Audit & Advisory, we specialise in audit-only services, offering tailored
and reliable solutions to keep your licence in good standing with Australian Securities and Investments Commission (ASIC).
What we do
We conduct both the financial audit and compliance audit components required for AFS licensees. Our audits are designed to meet all regulatory obligations while also delivering practical insight into your business operations.
With deep expertise in ASIC reporting requirements and the evolving regulatory landscape, we provide clarity, confidence, and continuity, especially valuable in a sector where missteps can be costly.
Who we work with
We tailor our approach to suit a wide range of AFS licensee structures, including:
- Individual financial advisers and boutique AFSL holders
- Financial services firms, asset managers, and investment funds
- Corporate authorised representatives
- Responsible entities, custodians, and trustee services
Every licence type comes with its own complexity, and we’ve worked across the spectrum.
Why AFSL audits matter
AFSL audits are about more than compliance. They help you:
- Maintain your standing with ASIC and avoid penalties
- Strengthen internal systems and governance
- Identify gaps before they become issues
- Build trust with clients, regulators, and investors
We work with you to make the audit process smooth and constructive, not just tick a box.
Why AFS licensees choose Allen Audit & Advisory
- AFSL audit specialists with decades of relevant experience
- Independent and audit-only, so there’s no conflict of interest
- Deep knowledge of regulatory change, updated through constant training and direct engagement with ASIC guidelines
- Fixed fees and clear deliverables so you can manage your schedule and reporting without surprises
- Plain-speaking, responsive service—you’ll deal directly with the partner leading your audit
From onboarding to final submission, our process is structured, streamlined, and transparent.
