Protection against additional fees
Audit Shield is a no upfront cost solution for accounting firms. It provides coverage for professional fees, both your own and those of other experts, when your client is subject to review or audit instigated by the Australian Taxation Office (ATO) and other government revenue authorities.
With Audit Shield, the accountant and client can face an ATO review or audit side by side, responding as thoroughly as needed, without the burden of cost or stress. Reviews and audits may be unavoidable, but with Audit Shield, fee write-offs don’t have to be.
Why accountants like Audit Shield
- Avoids disputes with your clients regarding fees incurred as a result of audit, and possible fee write offs as a result.
- Fees are paid promptly direct to you.
- No excess payment.
- A proactive, cost effective solution for your clients.
- Audits of previously lodged returns are also covered, including those you did not lodge or prepare*.
- No cost to you to offer the service to your clients.
- Indicates to your clients that you are proactive and are looking out for them.
* The audit must be instigated during the period of cover.
Audit Shield at a glance
Once you make the decision to become an Audit Shield client, a dedicated Account Manager will be assigned to you. The duty of an Account Manager is to ensure the implementation of Audit Shield is simple and effective, not just for the first year, but for as long as we enjoy your company as a client (and we’re very sure that will be for a long, long time!) They will provide hands-on assistance from start to finish and are available anytime you need assistance.
Our team will assist you every step of the way with the simple process!
Join thousands of accounting firms across Australia already offering Audit Shield.
Give your clients the choice of how to handle additional fees in responding while you recover your time for the work.
Lock in an obligation free, Partner’s in-person or virtual information session by clicking the button below. It’s free and only takes around 30 minutes.
In the information session you’ll learn how some of Australia’s most proactive accounting firms are protecting their clients and eliminating the need to write off their fees at the same time, with Audit Shield.
What are the benefits of Cyber Shield?
Cyber Shield is a cyber insurance policy which covers privacy issues, intellectual property infringements, transmission of viruses, breaches under the privacy act and other related elements. Cyber Shield has the following major benefits:
- Competitive premiums and broad policy wording
- First and third party protection
- 24/7 global incident response
- Discounted cyber security services
- 1 hour free risk management consultation
- Social engineering sub limit $100,000
We offer your accounting firm:
- A tailored policy to suit your requirements
- Professional advice on what you should consider, depending on your circumstance
- Flexible payment options, including monthly premium funding
- A dedicated Account Manager, so you know who to call when you require assistance
- Specialised claims service
Want an obligation-free quote?
Complete the relevant Cyber Shield quick quote form by clicking one of the links below. Once you have completed each question and submitted the form, a member of the Professional Risks team will be in touch with you.
We specialise in Professional Indemnity insurance for accounting professionals and have done so for over 15 years, serving more than 1,500 satisfied clients across Australia.
Why? Because we understand that sourcing the right Professional Indemnity insurance is all about the journey.
Guiding you every step of the way to secure the right coverage.
Sourcing, purchasing, and implementing Professional Indemnity insurance so you can operate should be as painless, streamlined, and easy as possible.
From the moment you start the journey by completing the simple Accountancy Insurance Professional Indemnity insurance proposal form (we ask questions and guide you), we take on all the hard work based on our knowledge and experience in assisting accounting professionals. We take your answers from the proposal form and explore various insurers in the market. We then collate the quotes and provide our recommendation based on your needs.
When you decide to accept an Accountancy Insurance Professional Indemnity policy, you are allocated an Account Manager who will continue to assist you on your journey. They are your partner in all aspects of your Professional Indemnity insurance policy, from payment of your premium to issuing your policy.
Should you need to make a claim, they are there to support you—from claim notification right through to claim settlement.
Get a quick quote.
Professional Indemnity insurance is mandatory, but not all policies are the same. If you are an accounting professional, we are certain that you will be impressed with the Professional Indemnity insurance offerings from Accountancy Insurance.
Already have a proposal form?
Send us any completed Professional Indemnity insurance proposal form from another insurer, and we can use it to generate a quote for you. We think you’ll be pleasantly surprised.
Insurance products created especially for accounting professionals
We work solely with accounting professionals, so we are across industry standards and best practices. Our suite of offerings include:
Audit Shield
A comprehensive tax audit insurance which covers the professional fees incurred as a result of official audit activity instigated by the ATO and other government revenue authorities.
PI Shield
Our Professional Indemnity is tailored specifically to the needs of Australian accounting firms.
Cyber Shield
Cyber Shield is designed specifically for accounting firms in order to provide prompt assistance with comprehensive coverage.
Contact us for more information
If you have a general enquiry, please complete the form below and our team will be in touch: