Compliance & Accounting

Our combined 80+ years of providing secretarial, taxation and accounting compliance services to business and personal clients has enabled us to develop systems and processes to deliver a consistently high quality and effective statutory compliance and accounting service.

Company Secretarial
We excel in our knowledge and application of the Corporations Law, delivering company secretarial services and corporate governance support to public and private companies alike.

We can assure you that your companies will be maintained in proper legal standing at all times, in compliance with all ASIC requirements. You can be confident as a company director or secretary c that you will not be exposed to inadvertent breaches of your legal obligations. In addition we ensure that you will comply with any changes in the Corporations Law.

For our listed public company clients, we provide a full range of services to ensure ongoing compliance with the ASX Listing Rules and the reporting and disclosure requirements promulgated by the Accounting Bodies.

Taxation Compliance
Taxation compliance by definition is ensuring that you comply with all aspects of the Income Tax legislation….basically the preparation and lodgement of your income tax returns, BAS’, Fringe benfits tax etc , as well as the payment of income taxes in accordance with the relevant legislation.

To this end, we ensure that our accountants have the necessary training and expertise to meet this objective.

But our view is that taxation compliance is much more than that.

Your taxation strategy is a vital part of your personal or business wealth management. Whether and individual, family group, public company or multi-national, you maximise your earnings when you minimise the tax you pay.

Nexia ASR has a large, highly trained and experienced team of professionals focused on ensuring we maintian close communication with clients and understand our clients’ business and /or personal requirements and objectives needed to develop the most effective tax planning strategies for the every day operations or one-off transactions.
We invest significant time in keeping our tax professionals up-to-date with evolving legislation and issues and relating those to your activities and communicating the impact of changes and alternative strategies or courses of action to you.

Our approach is to add value and minimise tax obligations and maximise wealth creation oppurtunities whilst mitigating tax risks…..we call this our “sleep at night” approach. This can be in the area of income tax, capital gains tax (CGT), goods and services tax (GST), executive remuneration and fringe benefits taxes (FBT), superannuation, stamp duty, government grants, or research and development concessions.

Financial Administration
We can be your finance and accounting department! No longer do you have to worry about whether your accounting is up to date, being done correctly etc.

Nexia ASR’s Financial Administration services are ideal for organisations during their early development stages and where the financial administration and reporting function requires a high level of expertise and accountability.

For a mid sized business, outsourcing the finance and accounting function to Nexia ASR has also proved effective for clients both financially and administratively, given the costs of keeping up with legislation and standards, implementing accounting, control and reporting systems and general issues associated with employing teams of people in non income generating activities. They have also enjoyed ready access to a range of professionals from extremely proficient bookkeepers, junior accountants, managers and partners equipped to deal with every financial or accounting issue.

If you wish to avail yourself of this service, our financial administration services will be tailored to suit your needs. Our objective is to provide quality financial administration at an appropriate rate.

The range of financial administration services we offer includes: -

• Data entry and ledger maintenance and reconciliation
• Debtor/creditor entry, reconciliation and maintenance
• BAS preparation
• Bank reconciliations
• All other basic bookkeeping operations

Payroll, including: -

• Maintaining all payroll records and leave registers
• Attending to calculation and payment of all taxes and superannuation
• Preparing all annual reconciliations and lodgements
• Guidance on Awards, employment agreements or legislative provisions governing employment, remuneration and entitlements

Financial reporting, including: -

• Preparation of budgets and cash flows
• Preparation of regular monthly/quarterly financial reports
• Regular analysis of KPI’s and other performance criteria
• Regular reporting against banking or other covenants
• Full half yearly/annual statutory financial accounts preparation

Our professional team can work with you on-site or off, no matter how large or small your requirements are.

Our experienced professionals are also able to provide detailed consulting advice on selection and implementation of computerised accounting systems, ledger and report design, accounting procedures and reconciliation, GST procedures etc. Clients can also tap into Nexia ASR’s existing software products for preparation of budgets or cash flows or to obtain regular analysis of KPI’s and other performance criteria. And we can even design and implement software to suit your particular needs.