Our Services

Annual Accounting

Preparation of Financial Statements, including Profit & Loss Statements, Balance Sheets and Depreciation Schedules to provide financial information on the performance of the business to the owners.

Analysis of key financial indicators and ratios to assess the 'health' of the business.
Analysis of alternative strategies to improve performance, and advice in relation to the implementation of these strategies.
Monitoring of impact of strategies on a monthly or quarterly basis, advising on adjustments as required.

Preparation of monthly or quarterly Business Activity Statements (BAS) and Instalment Activity Statements (IAS) and lodgement with the ATO.
BAS - reporting sales, purchases, GST, wages, PAYG withholding and income to the ATO.
IAS - reporting wages, PAYG withholding and income to the ATO.

Comparing business with business benchmarks from the same industry, sector or even group level, across a range ot areas including profitability, productivity, salary analysis and financial ratios.

Keeping account of sales and purchases, income and payments. Reconciliation of bank accounts, and preparing Profit & Loss statements and Balance Sheets using spreadsheets or computer accounting systems.

Review of financial performance of business in terms of profitability, cashflow and Net Asset Value.
Analysis of alternative strategies to improve performance, and advice in relation to the implementation of these strategies.
Monitoring of impact of strategies on a monthly or quarterly basis, advising on adjustments as required.

Advice in relation to purchase of business assets and investments, considering asset protection, future capital gains tax, financing of purchase, and taxation implications.

Guidance in preparing Business Plans and Strategic Plans and integrating these into the operation of your business.

Advice on the most appropriate business structure to operate your business, taking into consideration taxation implications, asset protection, potential risks, employer obligations, future capital gains tax, relationship of owners.
Structure options include sole trader, partnership, trust or company.

Advice in relation to preparing a business for sale, valuation of the business and capital gains tax implications of sale.
Preparation of comparative Operating Profit & Loss Statements for presentation to Business Broker and potential purchaser on sale.
Liaison with Business Broker, solicitor and potential purchasers on sale.
Review of Financial Statements of potential businesses for purchase and completion of Due Diligence to advise on viability of purchase.