Ourjargon-free advice and support enables you to organise your accounts, minimise your tax obligations, boost your profits and make informed, proactive decisions to build a prosperous future for yourself and your business.
We offer consistent, thorough accounting services that go beyond traditional accounting and bookkeeping practices. We delve deeper so clients see a real picture of their business and can make decisions based on facts.
Our advisors take a proactive approach to helping business owners make informed decisions for growth. From financial reporting to strategic planning our clear and straightforward service enables an in-depth understanding of your financial position and how to maximise your potential.
Our way of working means we always have time for our clients. We get to know you and to understand your business as it is currently as well as how you define success for the future. Issues are dealt with quickly and efficiently, and we find clients appreciate the personal touch.
Over the years we have developed a strong relationship with the Australian Taxation Office. We understand that dealing with the ATO may be daunting, and will liaise with them on your behalf to achieve the best outcome for you.
Nelson is the owner and director of Focus Accounting and Financial Group Pty Ltd which he started in 2004 as Focus Tax and Accounting. He has almost 30 years of experience working in the accounting and finance industry. Nelson has always been keen to utilise his accounting and taxation expertise to help small businesses get ahead. He is passionate about seeing clients succeed and supporting them on their path to prosperity.
James has been with us as an accountant for five years, and is currently completing his studies in accounting. He specialises in accounting and BAS lodgements for our bigger clients and assists with preparation of financial and management reports. James is passionate about the insights management accounts give businesses and how they enable managers to make the right business decisions.
Ben has been working in business services accounting since 2008 and is a qualified CPA accountant. He started with Focus in 2019 and prepares financial and management reports as well as tax returns. Ben provides a high level of client support and assists with Vend queries.
Warren is our longest-serving employee, having started working with us in 2008. He is known for being a hard worker, and always gets the job done. Warren focuses on accounting and BAS lodgements for not-for-profit clients and assists with the preparation of financial and management reports.
Sophie has many years of experience working in accounting firms providing support to accountants and has also run a mobile catering business in Ballarat for 10 years. Since she started with Focus in January 2019, she has become a critical part of the Focus team, responsible for coordinating the scheduling of our client jobs and keeping them on track with regular checkpoints. She also handles our general incoming communications and monitors ASIC compliance for our company clients.
At Focus Accounting and Financial Group, we see our relationship with clients as an ongoing, evolving partnership. We will support you in achieving success, and understand that as your business grows and your financial position changes, so too may your goals and challenges. Our partnership begins with YOU, the client, at the top, and centres around your personal priorities which make up your vision for the future.
Do you feel overwhelmed at the thought of financial reports, corporate compliance and dealing with the ATO? Are you drowning in deadlines, with a to-do list that grows longer by the day? Let us ease the pressure with our seamless and streamlined service to meet your everyday business tax and accounting needs, leaving you worry-free and with more time to run your business effectively.
Focus Accounting have been our partner for the last 15 years delivering a quality service covering all areas of Management Reporting, Taxation & Business Structure. Very happy & would recommend to anybody!
Focus Accounting and Financial Group offer clarity and insight into your current position, as well as a reliable strategy for future success. For tailored accounting services, business advice, SMSF support and a partnership you can trust, book your free consultation today.
Welcome to Accounting In Focus, a resource site to help you succeed in your accounting classes. Think of me as your personal tutor, guiding you through each lesson. Each topic has important concepts, examples, and videos to assist your understanding of the topic
Managerial/Cost accounting covers topics relating to planning, controlling, and decision making. This course covers cost behavior, break-even point, variable and absorption costing, budgeting and other related topics.
Focus i is an incredibly easy to use online accounting software that allows you to integrate different business operations, manage sales, track expenses, generate invoices, and monitor your business performances at any time.
Being customizable to its core, Focus i is a perfect enterprise, mid-size, and small business accounting software. Take a look at how Focus i is catering to numerous accounting and business management needs!
Focus i business accounting software includes powerful sales management features that provide the right platform to set plans, monitor them and track outputs to help you improve the sale of goods or services.
The integrated HR management module in the online accounting software serves as a powerful tool that can improve the efficiency of your human resource. It automates recurring tasks to expedite your employee performance.
Focus i is the best performing accounting and billing software that deploys Artificial Intelligence (AI) and automation to drive efficiency. These advanced technologies are best known for enhancing productivity and eliminating complexities.
Focus i is an ideal accounting and billing software which is capable of automating tax return filing. It includes modules with comprehensive features for managing financial transactions, expenses and more.
Focus Accounts Solutions offers tailored accounting, bookkeeping, and business advising to small and medium businesses. Our team of professional accountants and bookkeepers will work one-on-one with you so that your organisation receives the attention it deserves.
Where do you envision taking your business? Let us be your dedicated support along the way. At Elite Focus, we believe in taking partnership to a whole new level. Our goal is to understand your business ambitions inside out. By investing time and effort in learning about your unique aspirations, we are driven to exceed your expectations every single time.
Here's what sets us apart from the rest: Our rich and diverse background and unwavering commitment to creating exceptional value for our is what differentiates us in the industry. We go beyond traditional accounting and finance services to deliver a truly ELITE experience.
Updated on 7 April 2020. Key changes include the interim reports, clarification that the disclosure of sensitivities of estimates is based on conditions at the reporting date (with separate disclosure if needed about impact of post balance sheet events), clarification on the accounting for penalties on late delivery and additional explanations on how a lessee accounts for a modification , including a reminder about impairment.
Updated on 4 May 2020. Key changes include new sections on alternative performance measures, cash and cash equivalents, capitalisation of borrowing costs and exchange rates. A subsection has been added to consolidation, addressing reporting time lags and consistency of accounting policies and the section on lease contracts has been updated to reflect the publication of the exposure draft by the IASB. Changes were also made to the sections on revenue from contracts with customers, government assistance, income tax and interim financial reports. Please refer to Appendix A of the publication for more details on the changes made.
We will prepare your corporate financial statements in a timely fashion in accordance with the appropriate accounting standards for compilation or review engagements.Learn moreAccounting ServicesWe can provide assistance and training in how to set up and optimize your accounting systems, whether you are using traditional or online Quickbooks or Sage software packages.Learn moreTrust and Estate ServicesWe can provide tax preparation services for family trusts as well as the complex tax filings required upon death, including the final personal tax return, estate tax returns, and clearance certificate requests.Learn moreTax ComplianceWe have current and extensive tax training and will ensure that your tax returns are prepared in the most tax efficient manner.
The accounting and financial reporting treatment applied to an account is determined by its measurement focus. Measurement focus is concerned with what financial transactions and events will be recognized in the accounting records and reported in the financial statements. While there are a number of measurement focuses, the following two are fundamental to current governmental accounting principles:
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