Accounting and Business Services in Melbourne

Accounting

When looking for accounting firms in Melbourne, it is important to choose a firm that provides the level of support you require. At LFM we pride ourselves on providing a personalised service, custom made to suit our individual clients.

Preparation of Financial Statements

At LFM we are compatible with all forms of accounting software to be able to provide professional financial accounts with a minimum of fuss. Our staff are efficient and easy to work with to ensure our clients understand the make up of their accounts. We also review the financial accounts with our clients to assist them when making important financial decisions to ensure they have full understanding and control of their finances.

Management of Reporting

Based on the service required, LFM have different management tools to ensure clients get maximum support. Whether it be monthly, quarterly or annually, management meetings are important to review past accounts and discuss future opportunities.

Establishment of Business Entities and Group Structures

Setting up appropriate business structures at the infant stages of a business life is imperative. We offer advice based on asset protection and taxation minimization, as well as a service to set up the business entity with our lawyers. This extends to setting up tax file numbers and Australian Business Numbers with the Australian Taxation Office.

Business Planning and Structuring

Cash flow analysis and planning is also a key ingredient to success and growth. We assist with the establishment of goals and tracking to ensure we plot budgeted data against actual results. This is a useful performance management tool that is used internally as well as externally for banks that also may be reliant on this information.

Succession Planing

Succession planning can come in many forms and will have taxation consequences. Capital Gains Tax is an area we advise and prepare clients for should they be looking to sell a business or move into retirement mode.

Corporate Secretarial Administration

At LFM we have software to attend to the annual lodgement of ASIC company statements and preparation of company resolution minutes required to operate an Australian Private Company. This is an annual service that is handled by our office where we are listed as the registered office for our clients.

For accounting firms in Melbourne, call Lenton Financial Management on (03) 9854 6330.