Services

Business Planning

At Mount Accountants, we understand the significance of effective business planning for your company's growth. Without proper planning, many businesses face challenges and potential failure. Crafting a comprehensive business plan serves as a roadmap, outlining your goals and objectives while providing strategies to achieve them. We collaborate closely with you, becoming an integral part of your team, to ensure your business plan is meticulously crafted and successfully implemented.

Bookkeeping and Accounting Services

Effective bookkeeping and accounting software are indispensable for managing a thriving business. Manual bookkeeping consumes valuable time that could be allocated to more productive endeavours. At Mount Accountants, we offer guidance on various bookkeeping and record-keeping solutions and help you select an accounting program customised to your unique requirements. Some examples of accounting programs we recommend include Xero, MYOB, QuickBooks, and Cashflow Manager.

Due Diligence

Conducting thorough Due Diligence is crucial when contemplating the purchase of a business. It ensures you have accurate insights into the business, enabling you to assess both its opportunities and risks effectively.

At Mount Accountants, we categorise Due Diligence into three main areas: legal, financial, and commercial. Under legal scrutiny, we review the business's legal structure, permits, licenses, lease agreements, and any pending litigation. Financially, we examine balance sheets, cash flows, tax returns, and annual reports for the past three years. Commercially, we evaluate the company's competitive position and potential threats to its sustainability and profitability compared to its peers.

Additionally, we address key questions regarding the acquisition process, structure, and payment methods. We also scrutinise the business's current practices, processes, and policies.

Preparing a comprehensive Due Diligence report provides detailed insights into the business, empowering you to make informed decisions.

Consultation and Advice

With a collective experience of over two decades in the accounting sector, we possess the knowledge to offer consultations tailored to your business requirements. At Mount Accountants, we specialise in planning, training, and consulting to help you achieve optimal outcomes. Our consultation services encompass a wide range of areas, including but not limited to:

  • Business Planning

  • Budgeting and Forecasting

  • Implementing new policies and refining business procedures

  • Tracking business performance against measurable targets

  • Debt Management

  • Record-keeping

  • Management Reporting

  • Tax and regulatory compliance

  • Asset protection

Trust Mount Accountants to provide expert consultation services that align with the needs of your business.

Taxation Advice

Utilising our extensive taxation knowledge and expertise, we offer you quality advice that makes sense. Our understanding of tax laws allows us to provide tailored solutions for you and your business. Clients rely on us not only for our accounting expertise and management experience but also for our specialist knowledge of taxation and corporate legislation.

We provide personalised and customised advice in the following services, among others:

  • Tax returns for all individuals and businesses

  • Customised tax planning

  • Salary packaging

  • Negative gearing

  • Positive gearing

  • Share investors and share traders

  • Tax structures

  • GST Compliance, Reviews, and Audits

  • Capital Gains Tax

  • Australian Taxation Office audits

  • Retirement and Succession Planning

  • General accounting & taxation services required from time to time

  • Business Activity Statement preparation, support, and lodgement

  • Fringe benefits tax

  • ASIC Support services

  • Business Structures

Count on Mount Accountants for tailored guidance that aligns with your Australian taxation needs and maximises your financial outcomes.

Management & Financial Reporting

For business owners, timely access to management and financial reports is essential for informed decision-making and future planning. These reports are instrumental in assessing success, forecasting challenges, and complying with legal requirements.

MANAGEMENT AND FINANCIAL REPORTING

We provide comprehensive Management and Financial Reporting services tailored to your needs. These reports, including Profit and Loss statements, Balance Sheets, and Depreciation Schedules, are available annually, monthly, or quarterly as required. Trust Mount Accountants for accurate, timely reports to drive your business forward.

Corporate Compliance

The Australian Securities and Investments Commission (ASIC) serves as Australia’s regulator for corporate affairs, financial services, markets, and consumer credit. Its mission is to uphold fairness and transparency in the country’s financial markets while encouraging informed engagement from investors and consumers.

Mount Accountants is a registered agent authorised by the Australian Securities and Investments Commission (ASIC).