Chau & Hennessy Professional Accountants pride ourselves on being able to assist our clients with a wide range of Professional services, including:

Taxation
Income tax returns for all entities such as individuals, trusts, partnerships, companies and superannuation funds.  Our returns are lodged electronically with the ATO which ensures a speedy turnaround time - refunds are usually received with 14 days of lodgment.  We also attend to Business Activity Statements where required.  Our procedures incorporate a comprehensive review process to ensure that we are aware of how your business is progressing throughout the year, which enables us to identify any potential issues in a timely fashion.

Accounting
Periodic accounting is useful for many businesses, and our services extend from preparing periodic accounts through to finalisation of internally prepared accounts.  This ensures that any information used by the management is timely and accurate.  We utilise either our in-house software or an existing bookkeeping setup.

Audit
Audit of incorporated associations, self-managed superannuation funds and trust accounts are catered for, along with other related matters. Audits are performed according to Auditing Standard requirements.

Computer Consulting
We can assist you with the setup of computerised accounting systems, and provide ongoing support to enable you to ensure your bookkeeping is undertaken efficiently and accurately.  We are authorised MYOB resellers (which we provide to clients at cost price) and will work with you to ensure that you are maximising the benefits available through a computerised accounting package.  We can also attend to your payroll requirements, including all reporting, payments and related matters.

Establishment of Self Managed Superannuation Funds (SMSF)
The SMSF environment has a large number of legislative complexities and requires careful attention to ensure that a SMSF is operating in accordance to ATO guidelines.  We assist with the establishment, ongoing maintenance, audit and reporting matters for SMSF's.

Residential Finance
Access to a wide range of residential lenders.  An opportunity to make sure you are getting a competitive offer when next making your residential purchase as an owner occupier or investor, first home owners included. Also take advantage of an opportunity to have a “health check” on your current borrowings.

Business Finance, Including Property, Plant and Operating Capital
We have access to business finance specialists who can quickly assess your needs and determine the most cost effective funding strategy for you. Available lenders include the big four banks, regional banks, non bank lenders, and superannuation funds. If you are seeking to make a commercial property investment, a residential or commercial property development, business and cash flow lending including equipment finance, then we can assist you to make the right decision.

Risk Insurance (including Life, Sickness and Trauma)
If you love your family and you carry debts that are not insured, think seriously about how responsible you are being.

If you need an insurance check up, we can do this in less than 10 minutes over the phone. If you want to know if you’ve enough cover to look after your family and yourself, call; we’ll ask you simple questions, provided guidance and let you know the cost of creating a solution if it is needed.

Business Purchase / Sale Assessments
Independent review and analysis is crucial to ensure that the business you are looking at purchasing is all that you expect it to be.  A review of past performance, benchmarking to industry standards and a knowledge of current market expectations mean that you will be well prepared in any negotiations on a potential purchase or sale.

Management Accounting
Preparation of financial statements is within reach of everyone with accounting software being mainstream, but do you really know what the numbers are telling you?  The power in the reporting is analysing and interpreting the information, and this is where we apply our intricate knowledge of your business, along with interpretative analysis to identify key areas of concern for your business.