GS 007 Audit 

Build trust with a GS 007 audit. Demonstrate compliance with investment mandates and the related registry, administration, and custody activities.

inside-top-100-firms-sml
Untitled design (11)
Untitled design (10)
Untitled design (9)
Untitled design (8)
Untitled design (7)
Untitled design (6)

Build Trust and Simplify Compliance With GS 007

Guidance Statement 007 (GS 007) is an Australian reporting framework tailored for the financial services industry. GS 007 outlines defined control objectives across key areas such as investment management, fund administration, registry, and custody, demonstrating the secure and responsible handling of client assets.

Robust internal controls aren’t just a compliance requirement—they’re a signal to your clients that their assets are in safe hands. By aligning with GS 007, your organization can enhance transparency, strengthen operational integrity, and build long-term trust with customers and stakeholders.

As a registered CPA and Chartered Accountant firm, we deliver comprehensive GS 007 audit services with a cloud-native, agile approach. Our process is designed to reduce disruption, streamline compliance efforts, and move at the pace that works best for your business.

Four Steps to a GS 007 Audit

GS 007

Jun 20

GS 007 Readiness Assessment

We integrate with leading compliance platforms to deliver a clear, customized view of your control environment. Our readiness assessments help you identify gaps early so you can streamline your path to GS 007 assurance.

Jun 20

Practical Remediation

When gaps appear, we’re here to help you close them efficiently. Our team works with yours to implement practical processes that align with your organization’s culture and GS 007 objectives.

Jun 20

GS 007 Type 1 Report

Our tech-enabled GS 007 Type 1 assessments are designed to fit seamlessly into your schedule. With collaborative, milestone-based reviews, we help you stay on track while uncovering meaningful opportunities to strengthen your control framework and reporting.

Jun 20

GS 007 Type 2 Report

We offer year-round and fixed-schedule GS 007 Type 2 engagements that minimize disruption while delivering the assurance your stakeholders expect.

The Benefits of Certification 

Global Recognition

Build trust with clients, regulators, and stakeholders by earning a certification that’s respected across industries and borders.

Client Confidence

Share a comprehensive attestation report that addresses key due diligence questions and helps reassure customers and prospects.

Low Disruption

With flexible timing and streamlined processes, we help you meet deadlines while keeping your business running smoothly.

Foundation for Broader Compliance

GS 007 certification can support alignment with other frameworks and standards, providing a strategic step toward multi-standard compliance.

Progress That Counts

We can help you earn a GS 007 report while process improvements are underway, highlighting your progress and commitment to continuous improvement.

High Impact

Customizable compliance targets choose from a range of control objectives to align your certification with your business goals.

FAQs

What is GS 007 Reporting?

Which areas of GS 007 do we cover?

Do I have to meet all investment management services to meet the GS 007 reporting requirements?

Type 1 and Type 2 reports: What’s the difference?

Can you fail a GS 007 audit?

Does GS 007 overlap with commonly required security compliance?

Can we use compliance automation platforms for GS 007?

NEWS, EVENTS, AND INSIGHTS

Related Risk Assurance Resources

Alert

people looking at papers.

OBBBA Delivers Section 174 Capitalization Relief: What Businesses Need to Know

Past Webinar

Data-Driven Impact Story Telling

News

Crystal Riggins Headshot

Sensiba Appoints Crystal Riggins as Chief Operating Officer 

News

Person holding tablet and smiling.

Sensiba LLP Designated a HITRUST Authorized External Assessor

News

Person holding tablet and smiling.

Sensiba LLP Designated a HITRUST Authorized External Assessor

White Paper

ISO/IEC 42001:2023 Readiness Checklist 

Insight

Someone holding a laptop

Decoding InfoSec: The World of Information Security

News

Person holding a laptop and slightly smiling at the camera.

Sensiba LLP Accredited to Provide ISO/IEC 42001 Certifications

White Paper

Pen Testing vs. Vulnerability Testing cover

Comparing Vulnerability Scanning and Penetration Testing 

Insight

Person smiling while on the phone.

The Rise of Social Engineering and Hackers’ Best Weapons

Let’s talk about your project.

Whether you need to unravel a complex challenge, launch a new initiative, or want to take your business to the next level, we’re here. Share your vision and we can help you achieve it.