Accounting

Accounting & financial reporting

Financial reporting is a primary tool for business owners and directors to control and build the business. The financial reports are the apex of the financial information system and so it’s important for them to be clear and concise. Each business has it's own complex set of circumstances to which we apply our experience to help develop a concise reporting instrument.

Identifying financial system bottlenecks and malfunctions enables the business to modify and develop new and efficient financial systems. We believe if a business keeps the score (timely financial reporting), it is in a position to keep improving the score year on year, building wealth for the owners. 

Business Activity Statements (BAS)

  • Preparation and filing of BAS/IAS
  • Annual Taxable Payments report (Construction & Building industry)
  • Preparation of Payment Summaries (PAYG)

Bookkeeping and Payroll

  • Setting up accounting software
  • Staff training - using MYOB and Xero
  • Management reporting
  • Financial statements

Financial Information

  • Annual budgeting
  • Cash flow projections
  • Succession planning
  • Business acquisitions and mergers
  • Due diligence
  • Business valuations

Dealing with Regulators

  • New entity set up (company, trust & SMSF)
  • Advice on business structure and ownership
  • ASIC agent service (Company Secretarial)
  • Worker’s Compensation Review
  • Registered Charities reporting (ACNC,  ACFID and Fair Trading)
  • International entity set up (USA and UK)
SCA Partners are accountants with demonstrable success in advising businesses. Their business accounting services are ultimately focused on growing the personal wealth of the owners of the business. SCA Partners have advised us over the eight most successful years for our business.
— Jonathan Woolley, CEO & owner, Connected Intelligence
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Taxation Planning

Taxation advice & filing of returns

A thorough, well thought out tax strategy is a basic building block for a successful business. Business owners have the right to minimise their tax obligations, but also need to ensure that the correct amount of tax is paid. We review your structure, and provide ideas from redesign through to assistance in managing the cash flow consequences of paying tax as a result of business success.

SCA provide a full suite of taxation advisory services and lodgements including: 

BAS Filing:

  • Monthly, quarterly or yearly
  • ATO payment arrangements
  • Communication with the ATO

Income Tax Returns:

  • Sole traders and partnership
  • Companies and trustees
  • Trusts (family and unit)
  • Self managed super funds
  • Preparation and lodgement of FBT returns

  • Payroll and Land Tax calculations

  • ATO payment arrangements

Business Structures:

  • Review business structure
  • Review tax efficiency
  • Develop effective structures
  • Apply for GST, PAYG and ABN
  • Simplifying tax affairs

  • Tax consolidation

Transaction Advice:

  • Business sale or purchase
  • GST review by transaction type
  • Capital Gains Tax (CGT) advice

  • Fringe Benefits Tax (FBT) advice

  • Liaising with ATO in relation to client tax obligations

  • Division 7A loan agreements

  • Assistance with ATO audits (SGC, GST and PAYG)

  • Assistance with OSR audits (payroll tax and land tax)

  • Tax planning prior to year end

SCA Partners has demonstrated an ability to think outside the box. We have relied on SCA Partners for over 15 years to help put together strategies for organisational structure, acquisition of new businesses, tax minimisation and succession planning.
— Ian Livingstone, CEO & Owner, Bay Trusses and Frames
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Assurance & Risk

Our assurance and risk professionals have extensive experience working with clients to provide transparent information to stakeholders.  We help you build trust through assuring accurate and complete financial statements and data used by owners, financiers and other organisations to assess and measure governance risk. 

Wealth building is also about risk minimisation, which includes taxation considerations, not just financial enterprise returns. SCA has developed powerful tools for business owners to increase and maximise their wealth building opportunities.

Assurance and Risk

  • Assess reliability of your business data reporting

  • Review effectiveness of internal controls

  • Ensure regulatory reporting and compliance

  • Determine role of management in building risk and control policies 

  • Assess risk appetite, culture and management within the enterprise

Audit and Assurance

  • SMSF Audit

  • Charities Audit

We have been able to build our business strategically and at the same time reduce our risks.
— Leigh Howard Smith, Director
SMSF Auditor. Registered with ASIC.Stephen Crouch — #100223023

SMSF Auditor. Registered with ASIC.
Stephen Crouch — #100223023

 
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Financial Planning

We believe in building, maintaining and protecting your asset portfolio. We are passionate about investment in quality assets, whether property or shares.  We have had experience in both falling and rising markets. We are able to provide advice on most financial products available, and have our own unique strategy for building wealth for all of our clients.

Our method of wealth building is simple enough. It is not about timing the market, as much as it is about time in the market. Our application of this method has been built through many hours of diligent market observation and training to select the best financial products for individual client circumstances. To the business owner, the business is there to provide access to wealth.

Self-Managed Super Funds

  • Tailored financial advice

  • SMSF specialist

  • Investment portfolio management

  • Reviewing wealth creation and investment vehicles

Financial Advice

  • Wealth creation

  • Investment strategies

  • Tailored financial advice

  • Transition to retirement

  • Personal risk minimisation

  • Personal and corporate superannuation

  • Life Insurance

For over 10 years SCA’s guidance and professionalism has enhanced our asset base and more than met our expectations. We found their advice to be timely, practical and understandable while maintaining the highest standards of honesty and integrity.
— Peter Laws & Associates Pty Ltd
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Commercial Law

Offering a breadth of expertise we work with clients to tailor legal responses and solutions.  We provide quality advice over many fields, specialising in Commercial, Estate and Property law.  

Starting with our first meeting, we seek a deep understanding of the issues of the client.  Often resolving matters with clear legal strategies, we focus on providing outcomes which benefit the client.  Where matters become messy or stubborn, we have the confidence to progress those matters through to litigation.

      Commercial Advice

      • Corporations Law and Director responsibilities
      • Shareholder Agreements
      • Business Products and Services terms and conditions
      • Business Sale agreement
      • Employment Law
      • Business/Franchises
      • Commercial lease preparation and review

      Estate Planning and Will

      • Probate/Deceased Estates
      • Contesting Wills & Family Provision
      • Court Appearances/Litigation
      • Drafting wills
      • Preparing testamentary trusts
      • Powers of Attorney
      • Appointment of enduring guardianship.

      Property and Conveyancing

      • Retail, Industrial and Commercial Lease advice
      • Commercial lease preparation and review
      • Strata, Torrens Title and Company title conveyance
      • Property development advice
      The commercial expertise that SCA Legal has provided in the formulation of our Terms and Conditions has helped secure robust, profitable long-term contracts.
      — Connected Intelligence Pty Ltd
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