Specialised Accounting Services in Sydney

We offer the following services:

We deal with a wide range of clients from various industries:

We are registered company auditors with the Australian Securities and Insurance Commission. We are presently the auditors of all types of entities from privately owned companies, registered clubs through to public companies.

We also conduct audits for Travel Agents, Solicitors, Real Estate agents other Accountancy Firms Trust Accounts.

We offer professional and efficient bookkeeping services to small and medium corporate enterprises around Sydney. Since the introduction of GST and the various reporting obligations, this aspect of running a business has become more complicated and time-consuming. Our goal is to help business owners succeed by simply and accurately providing them with a service that satisfies all their bookkeeping needs.

We specialise in providing quality bookkeeping services tailored to suit any size and type of business. We have specialised bookkeepers and certified consultants who are experienced in many types of accountancy software programs such as MYOB and Xero.

We at North Shore Accountancy understand the pressures and demands of owning and operating a business. Our goal is to help our clients succeed by simply and accurately providing them with a service that satisfies all their bookkeeping needs. As our client, you can choose to assign all or just some of your bookkeeping duties to us and we guarantee you won’t be disappointed.

We offer back-office payroll, accountancy, CFO and corporate registry/secretarial services to overseas companies that set up in Australia. We can complete or assist with review of internal systems, monthly management accounts, monthly Accounts evaluation, “what if” scenarios, Budgets, Risk reviews, Capital expenditure/new business evaluations, loan applications, liaison with your local attorneys, company secretarial duties, key performance indicator monitoring, trend changes, project reviews, benchmarking reviews and working capital reviews.

Rather than an overseas company having their own Finance/Administration department we can offer full-service Finance department services through to Payroll bureau processing. As well as this we also offer in limited circumstances resident Director Services of resident companies and as registered Agent of resident branches of overseas companies

Business budgeting and forecasting are essential management functions and should include projected profit and cash flow budgets. Forecasting for a business can be a daunting task and produce accurate figures may be a vital factor in giving your business a better chance of survival. Once your budgeting figures are determined you are able to put in place forecasting and forward planning solutions that will help you have the cash flow to be able to cover any future expenses, if and when they arise.

Business budgeting and cash flow forecasting are also generally a pre-requisite by financial institutions for loan purposes which make it all the more important for a new business starting up. North Shore Accountancy experienced and professional accountants can assist you with your budgeting and cash flow planning. We can work with you when planning either short or long term funding requirements of your business.

Whilst profit is of vital importance to the success of a business, the generation of a profit does not necessarily guarantee its survival. Business owners should be aware that more businesses fail because of lack of cash flow than because of profit loss. Cash Flow is a major factor in keeping a business running and many businesses have failed because of poor cash flow management practices. Your business might be making a profit, but if you run out of cash to pay your bills, your business can’t operate.

North Shore Accountancy offers full entity structuring advice and guidance and will assist you in finding the best way to structure both your business entities and personal holdings.

When starting a new business or expanding an existing enterprise, it is vital to consider all of your options for the legal structure of your business. North Shore’s business services can give advice on legal and financial details to determine the form, which will best serve you and your tax planning needs. It is vital to structure your entities correctly as the variety of taxes and surcharges can severely restrict your end profitability.

There are many different tax rules and commercial considerations to take into account when choosing the best entity and tax structure for your business. The business entity structure you choose can help minimise your tax liability, save time and help you avoid government regulation and complicated red tape. For a new business, a tax structure should start with the basics and adapt over time to take into account the changing financial circumstances and the growth in the business. As the business expands so should the tax structure.

The planning before we purchase or sell our business is extremely important to the subsequent success of the venture. We advise on all aspects of the sale and purchase, including due diligence on financial records advice on structures, assistance and advice with funding option.

Our experienced and professional tax accountants at North Shore Accountancy can advise on all aspects of tax and tax return preparations. We have been working with clients in Sydney and around NSW for over 30 years in all areas of tax including:

We can assist you with all of your business tax lodgements as well as advice on GST and BAS related issues. We can also assist with ABN registrations and work with you to find the right tax structure and superannuation set up for your business. Our experienced tax accountants will endeavour to minimise your business and tax exposures by legitimate planning while also working to improve the efficiency of their tax processes on an ongoing basis.

With individuals, our experienced and pro-active accountants will work with you to prepare your tax return and give advice for future returns so that you achieve the best outcome suitable to you and your circumstances. When dealing with North Shore, you can be confident that your tax return will be done professionally and legally whilst taking into account all tax entitlements for individuals, families and couples.

Our goal is to provide the very best in accounting services and advice. We are committed to offering a flexible and professional approach, which means we can tailor our services to each client’s specific requirements.