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Startups and scale-ups in Australia operate in a fast-paced, highly competitive environment. While growth and innovation are at the heart of every entrepreneurial journey, one crucial aspect that should never be overlooked is financial transparency. This is where Audit and Assurance play a vital role. External audits provide credibility, strengthen investor confidence, and help businesses stay compliant with Australian regulations. Let’s explore why external audits are essential for Australian startups and scale-ups and how they can fuel sustainable growth. 1. Building Trust with Investors and Stakeholders For startups and scale-ups, attracting investors is often the key to expansion. Whether it’s venture capitalists, angel investors, or institutional backers, potential investors want to ensure that a business is financially sound. An independent external audit reassures stakeholders that the company’s financial statements are accurate and free from material misstatements. This transp...