Joint Venture Advisory and Audit Services

  • Management of entire, or part of joint venture programs;
  • As lead auditor; plan, execute, report and close out joint venture audits;
  • Provide joint venture auditors as part of a team representing your interests;
  • Provide strategic advice relating to the accounting and audit provisions of joint venture operating agreements;
  • Operator overhead recovery reviews;
  • Due diligence reviews;
  • Process efficiency reviews;
  • Preparation and review of policies and procedures, and;
  • Process workflow design and reviews.

Click here to download our Joint Venture & Alliance Advisory and Audit Services Capability profile.


Alliance Advisory and Audit Services

From an accounting and financial perspective, GRMG can assist with the following:

  • Preparation of form of agreement;
  • Outlining the alliance principles and objectives;
  • Defining the role of the Alliance Board;
  • Determining to whom and how the alliance reports;
  • Development of gainshare/painshare methodologies;
  • Assistance in the selection and evaluation of alliance partners;
  • Progressive audits during the life of the project against participants' costs allocated to the cost pool of the project;
  • Review of gainshare/painshare calculations for alliances;
  • Provision of strategic advice relating to the accounting and audit provisions of alliances, and
  • Process efficiency reviews.

Click here to download our Joint Venture & Alliance Advisory and Audit Services Capability profile.


Assurance and Consulting Services

GRMG's Assurance Services includes the following:

  • Attest and attest-related services - independent validation or assessment of financial and non-financial data and due diligence reviews;
  • Risk management - design, implementation and review of existing risk management systems;
  • Audit and advisory - joint venture and alliance advisory and audit services, corporate governance reviews, internal audit and associated services, and
  • Business Development - assist organisations address their current needs and meet future challenges.

Attest and Attest Related Services Attest and attest related services are an independent professional service that validates or assesses financial and non-financial data to improve the quality or context of information for decision makers. Organisations and stakeholders need independent assurance that the information on which decisions are based is reliable. By virtue of our training, experience and reputation for integrity, GRMG are the logical choice to provide this assurance.

Click here to download our Assurance and Consulting Services Capability profile.


Personnel Logistics Management

Responsibility for personnel management for exploration, development and production operations within Australia and internationally. This includes:

  • Initial screening of suitable applicants;
  • Induction of personnel prior to the commencement of employment;
  • Monitoring and maintaining training programs;
  • Crew scheduling;
  • Organising travel arrangements;
  • Disciplining personnel where required;
  • Introducing, monitoring and maintaining safety incentive programs;
  • Preparation of detailed reports to assist in the preparation of payroll on a weekly or fortnightly basis;
  • Auditing of all relevant accounts to ensure not only compliance with contractural obligations but also to minimise inaccuracies when dealing with service providors;
  • Preparation and maintenance of comprehensive personnel files, including copies of all relevant certification for audit purposes, and
  • Obtaining visas for international operations.

Click here to download our Personnel Logistics Management Capability Profile.


Risk Management Services

  • Establishing risk management framework;
  • Advice on implementing AS/NZS 4360;
  • Development of risk management plans;
  • Diagnosis of specific problems with risk management behaviours/processes, and proposing effective remedies;
  • Provision of advice and guidance on development of risk management behaviours and culture;
  • Development of risk management training;
  • Facilitating risk management workshops and other associated programs;
  • Development and implementation of various risk management tools, systems and databases;

Click here to download our Risk Management and Corporate Governance Services Capability Profile.


Corporate Governance Advisory Services

Listed below are GRMG's ten elements of corporate governance:

  • Board purpose and responsibilities;
  • Independence of directors;
  • Role of CEO, corporate executive and management;
  • Committee structure;
  • Interaction between the board, management, the external auditor and the internal auditor;
  • Clear planning and direction;
  • Appropriate and timely information;
  • Sound resource management;
  • Adequate controls, and
  • Monitoring and review.

Click here to download our Risk Management and Corporate Governance Services Capability Profile.


Business Development Services

  • Strategic development;
  • Organisational restructuring;
  • Change management programs;
  • Business process engineering;
  • Business and climate surveys;
  • OSH management system review;
  • Research studies;
  • Project management;
  • Human resource information system and financial management information system selection, and
  • Business mentoring.

Click here to download our Business Development Services Capability Profile.


ACL Systems Australia

We can assist your organisation with combining market leading software and a range of professional services including:

  • On site demonstration of software;
  • Training for staff;
  • Installation of ACL and tailoring your organisation's needs, and
  • Consulting using ACL to process data and analyse results.