Internal Audit & Risk Management

At MGIDC, we offer a comprehensive range of internal audit and risk management services designed to address diverse client needs and enhance operational performance. Our services focus on identifying, assessing, and mitigating risks, optimising control environments, and finding opportunities for cost savings while preventing revenue leakage. Through a proactive approach, we deliver recommendations to strengthen internal controls and reduce compliance and operational risks, adding significant value to your organisation.

Internal Audit: Turning Risks into Results, One Insight at a Time!

This tagline reflects our commitment to converting potential risks into valuable outcomes by providing targeted insights through each audit. Our approach not only enhances your organisation’s performance but also supports informed decision-making and strategic growth.

Our Internal Audit services offer a thorough examination of your organisation’s processes, controls, and risk management strategies. Our experienced team performs detailed assessments to identify potential risks, inefficiencies, and compliance issues. By analysing your control environments and operational procedures, we provide actionable insights that streamline operations and protect your assets.

But we don’t stop at just solving today’s problems—we also uncover opportunities for future growth. Each audit delivers tailored recommendations that fine-tune your internal controls, boost operational efficiency and ensure you’re always on the right side of regulations. By integrating these insights into your business strategy, you can mitigate risks, optimise performance, and make informed decisions that drive long-term success.

Precision Auditing: Unlocking Insights for Enhanced Decision-Making and Operational Excellence

Our internal audits provide a meticulous evaluation of your organisation’s processes and controls, revealing insights that drive better decision-making and operational improvements.

Gain Clarity and Control

Partnering with us means gaining a clear view of potential risks and the tools needed to address them effectively

But don't just take our word for it...

Reviews & feedback

Louise Dawson

CEO Australia and New Zealand - DefibsPlus

"We have engaged MGI Dobbyn Carafa for the last 10 years for professional services. We continued to be extremely satisfied with their services as they help us to navigate through a continually challenging compliant landscape in business. MGI Dobbyn Carafa are innovative, professional with a friendly family style which is very disarming when you may feel overwhelmed with the challenges of growing a business."

Simon Meers

Managing Director - AirMet Scientific

"The team at MGIDC provide exceptional business support providing a detailed analysis of our company's financial performance and corporate governance, together with big picutre strategic planning."

Matthew Bleeze

General Manager - Air Powered Services

"We found the D+C team was very easy to work with and provided an efficient, effective, and easy to manage solution and approach to the task. Overall, D+C took the time to get to know about our business and helped create a tailored solution that perfectly suited our needs.”

Mark Emerson

Managing Director - Lighthouse Corporate Coaching

"Anthony has an excellent grasp of the financial drivers of profitability; thinks deeply and effectively about solutions to roadblocks confronting our clients and gets the job done in a timely and effective manner."

Fouad Elsaadi

Operations Manager - Exergenics

“Abhishek Sharma and his team stood out for making the audit process seamless and informative. The MGIDC was always readily available to address our questions and concerns. Their responsiveness created a collaborative and efficient atmosphere, ensuring the audit progressed smoothly.”

Michael Zeng

Autorola

"We are very grateful to have MGIDC as our accountants and auditors. Their expertise has been instrumental in managing our financial affairs. From preparing financial statements to advisory services and auditing, Devan, Abi, and the team have consistently demonstrated a high level of professionalism and dedication. Their ability to navigate complex financial matters, meet deadlines, and provide clear, insightful advice has not only saved us money but also given us peace of mind. I appreciate their proactive approach, responsiveness, and the customized service they consistently deliver. We highly recommend MGIDC to anyone seeking a reliable and knowledgeable partner in managing their financial well-being."

John Micheloudakis

Air Powered Services

"MGIDC has consistently delivered top-notch services that have greatly contributed to the success of our business. Their attention to detail, and innovative solutions have set them apart in the industry. It is rare to find a supplier that not only meets but exceeds expectations consistently, and MGIDC has managed to do just that. What sets MGIDC apart is not only the quality of their offerings but also their commitment to customer satisfaction. The team is responsive, accommodating, and always goes the extra mile to ensure our needs are not just met but surpassed. Their dedication to building strong, lasting relationships is a testament to their professionalism and integrity."

Gin

Cellarhand – Financial Controller

"Thank you to Anthony, Chris, Neil and the whole team. Professional yet caring and supportive across all facets of the business. A total game changer for us. Could not recommend highly enough whether it be accounting services or their unrivalled business negotiation skills. Looking forward to many more years working together."

YPS Group

Client

"The YPS Group have been a longstanding client of MGIDC. Anthony Carafa and his team have played an integral role with our investments, property and construction projects, and family affairs. Throughout the years, MGIDC have assisted us with complex accounting and taxation advisory work, superannuation and succession planning, management and financial reporting, family office, lending, and insurance services. We would like to take this opportunity to thank Anthony for his reliability and ability to consistently provide highly technical and broad services. Most importantly, we would like to thank Anthony for his trustworthy and personal approach, and unwavering support for our projects and our family."

Paula

Client

"Cannot be happier with Nick and the team at MGIDC in handling our accounts. Any questions are answered with professionalism, understanding and patience. Nick always makes himself available to answer any concerns and is always quick to respond to emails with curly questions. Extremely satisfied with every interaction I have with the people at MGIDC and would recommend them highly!"

Our Accounting Services

Ready to elevate your internal audit game?

We at MGI DCAA understand that internal audits are essential to maintain corporate governance and internal control processes in entities. We can help you achieve that by:

Recommendations to improve internal controls
Risk management enhancement.
Compliance with laws regulations
Improvement of operational efficiency
Promoting ethical culture & integrity

Request a free phone consult

Enhanced Risk Management

Our internal audits help you proactively identify and manage potential risks, reducing the likelihood of issues that could impact your business.

Improved Operational Efficiency

We evaluate your processes to uncover inefficiencies and recommend improvements, boosting productivity and optimising performance.

Regulatory Compliance

Stay ahead of industry regulations and standards with our thorough audits, ensuring compliance and avoiding costly penalties.

Fraud Detection and Prevention

Strengthen your internal controls to detect and prevent fraudulent activities, protecting your assets and preserving your reputation.

Strategic Insights

Gain actionable insights into your business operations, enabling you to make informed decisions that drive success and growth.

Other compliance

Along with year end compliance, our accounting firm in Melbourne also handles all other regulatory compliance services such as Business Activity Statement preparation, IAS, PAYG summaries, Payroll Tax, Land Tax, R&D concessions and more.

What makes MGI Dobbyn Carafa different?

Big firm capability...small firm relationships

Equipped with a team that has the experience and capabilities of a big firm, but maintaining our deep, personal connection is something we pride ourselves on. Our team are highly supported and we are conscious of wanting to keep our numbers small, but our value high.

est.

2006

Decades of expertise

We have a team of experienced professionals from a diverse range of backgrounds, highly qualified for every business need. Some of the qualifications our team possess include:

Australian Financial Services Licence (AFSL)

CA and CPA qualified Accountants

Chartered Tax Advisors

Registered Company Auditors

Masters of Business Adminstration (MBA)

Real Estate Agents Licence

Xero Certified Advisors

+87

Client Net Promoter Score®

We take great pride in our customer service and the deep relationships we have with our clients and we are humbled to learn that our clients feel the same way.

5.33 out of 6 for client satisfaction

5 out of 6 for relationship satisfaction

100% of clients surveyed feel MGIDC positioned to help with acheiving their goals

71% of clients surveyed have annual revenue above $10M, employing 50+ staff

+84

Employee Net Promoter Score®

Much like client NPS®, we take great pride in our employee engagement and the deep relationships we have with our team as we support them on their professional journey.