aba. advice beyond accounting by Johanna Moberg

advice beyond accounting

ABA is a Sunshine Coast accountancy firm providing quality services in more than just the traditional accounting space. We have found that many business owners struggle to understand the reports presented by their accountant. We see our role as being part of the solution to bridge that divide of understanding. We don’t want to just put reports in front of you - we want to work with you, to educate you about what your figures actually mean and the story that they are telling you.

We are building our reputation based on hard work, great results and happy clients. We are here for you, which means we seek to build long term relationships with the people behind the businesses. Aside from the personal relationships making our work much more enjoyable, you can’t truly know what a person is out to achieve unless you know them. We are proud to say that our clients have found us before we find them. Our results have spread our message without us having to, and our guarantees of service, professional standands, ethical values and communication underpin everything we do. We are looking forward to meeting you and becoming a part of your team. ABA, Advice Beyond Accounting.

Matthew van Mourik CPA | CA Director

How well do you know your business? Your business is your trade, and it is your source of financial success. So it’s best you understand it well! The role of the accountant is to be your advisor. Typically the accountant has been used to provide just compliance advice, however they are uniquely placed to be able to offer you so much more. Our belief is that the value to our clients is in having an accounting team who helps you to

What we do

build your financial understanding and improve your knowledge to make better financial decisions. If you’re unsure on the answer to any of the questions below, then please give us a call. There is no such thing as a silly question, and any of our team are more than happy to speak with you on a no obligation basis. We take pride in our services, and the reason we have a business ourselves is because of clients and our team. We are here for you. ABA. Advice Beyond Accounting.

Do you know? • Difference between gross profit and your margin? • How to calculate your gross profit? • Why your gross profit is important? • Do you have a budget?

Board meetings Building Financial Mastery The 7 areas to know Budget forecasting and review Cash flow planning Process improvement Business intelligence

• How much do you need to live? How much do you want? • What is your financial plan for the year and are you on track? • What is your profit and loss telling you? • Can you read a balance sheet? • What does it cost to open your doors each month? • What is a cashflow statement?

Compliance Annual financial statements & income tax Strategic tax planning & specialist advice

Bookkeeping Full service available Payroll Bank reconciliations

Knowing and understanding your business finance is as essential as knowing the product or service that you sell. ABA will help you to understand your business, so that you are informed and can make the best strategic financial decisions.

A year in finance with First quarterly meeting

Review quarter to date performance, compare to budget and compare to same period last year We assess the current financial position of your business We plan and discuss your business cashflow commitments including ATO & super obligations Review next 3 month target plan and adjust if needed

July

Our team at ABA will prepare and finalise previous quarter’s BAS / ATO lodgements as applicable

September August

Our team at ABA will prepare previous quarter’s BAS / ATO / OSR lodgements as applicable

Review next 3 month target plan and adjust if needed

November October

Confirm and review the overall goal or budget plan setup

December

We will present end of year tax work Review quarter to date performance, compare to budget and compare to same period last year We assess the current financial position of your business

We will present a draft EOY tax work / position with list of queries to finalise prior to next meeting

We plan and discuss your business cashflow commitments including ATO & super obligations

Second quarterly meeting

When we meet you, it’s first things first. Typically

This means that we will likely have an immediate

our clients come to us because they have realised

project to resolve with you, before we can get into

that they require more advice.

the fun parts of what we do.

More than the once a year type compliance

However we begin with the end in mind, and you

accountant is willing or able to give. Usually, the

will always be aware of what we are working towards

precursor to this is that there is some sort of an

for you.

issue that needs to be addressed.

Third quarterly meeting

Final lodgement date for previous years taxes

January

Our team at ABA will prepare previous quarter’s BAS / ATO lodgements as applicable

March February

Full review year to date, we will discuss tax planning options and possible opportunities

May April

Review next 3 month target plan and adjust if needed

We help you set the next 12 months target, create goals and build the budget

June

Estimate full year tax position, review of year to date figures and compare to last year We assess the current financial position of your business We plan and discuss your business cashflow commitments including ATO & super obligations

Our team at ABA will prepare previous quarter’s BAS / ATO / OSR lodgements as applicable

Fourth quarterly meeting 5

As a firm that has deliberately kept itself smaller than most, we aim to provide the most personalised service

Our Guarantees At ABA, from the moment you entrust us to work with you, you will receive a dedicated team tasked with providing you exceptional service and relevant advice. »»

100% success rate of getting the job done

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A thorough review of your current financial management system

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Accurate and lateral thinking

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Practical ways to improve your financial skillset

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Expertise you can rely on

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We work with you as part of your team

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Provision of customised solutions to meet your needs

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Clear communication

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Regular and scheduled boardroom meetings

Why do a budget? A budget is simply a framework or a vision of what you are wanting to achieve. It sets the parameters around what you should and should think twice about before doing. Matt’s background is in surfboat rowing, and having achieved the pinnacle of success in the sport

understands that nothing good happens without a plan. Without knowing exactly what you want at the end of the event, how do you know if you’re on track throughout your training process and throughout the race? The same applies in business.

What they say ABA have been fantastic in giving us accounting advice and support. Matt and his team schedule regular meetings with us to keep us on track. The advice has helped us to grow our business. Really great accountant and always available to answer any questions we have. Highly recommend ABA to anyone looking for a really good accountant.

Matt at ABA is a proactive, genuine and strategic accountant that really shows you how to take control of your business. He will hold you accountable to ensure that you make the most out of your business, and will provide guidance to work with you to achieve your goals, becoming a key asset in your business. I would recommend Matt to all business owners that are looking to grow their business and are not quite sure of the best way to do this.

J Robins | Static Electrics

J Colley | Loanwize

Matt and the team always go above & beyond! They are professional and very knowledgeable. They have been absolutely amazing with helping us start our family owned small business and continue support with all things accounting/bookkeeping/ money! We have been working with them for over a year now and their service is second to none. Thank you to Matt & the team!

I have worked with ABA for two years now and have always been impressed with there level of service. Great work guys. R Old | Brisbane Plumbing & Drainage

L&L Whiting | R.O.C Moto. Highly organised and experienced team. I wouldn’t go anywhere else for my business. Z Ford | Digital Dynamics

ABA has made it easy to ensure our business stays on track with our finances. Matt’s has a lovely coaching style. M Ward | Suncoast HR Services

When your a client with ABA, it’s not just about ‘crunching numbers’, it’s also about business building with real direction. Matt is very flexible with meetings at your office or he’s, we even do breakfast! Capricorn Roofing continues to reach higher levels every year, much of this is due to the caring and guidance delivered from ABA. Many many thanks to the whole team. M Allwood | Capricorn Roofing

Advanced Diesel has been a client of ABA Partners for the last 4 years, in that time Matt along with his wonderful staff have assisted with structuring my company as it constantly grows in the current climate. I myself like to deal with people face to face and Matt often gives me that opportunity by doing routine visits to my place of business even though we are located over 1200km’s away. I recommend ABA to anyone that wish to take their business to he next level whilst feeling at ease knowing they are dealing with the best in the business. R Mckenzie | Advanced Diesel Repairs

We have recently made the move to ABA after some issues with a self managed super fund company left us out in the cold. Matt and the team have made the transition to them painless and the girls have sorted out where we are at quickly and efficiently. Highly recommend Matt and the team at ABA. J Steindl | Steindl Constructions

Having a busy few years of business I had paid very little attention to my accounts / bookkeeping, so when the time came to sort out my tax returns it was all a little messy. Not knowing where to start I approached Matt and he took everything off me and certainly made tax as interesting and fun as it could possibly get! He prepared the tax returns, made improvements to my company’s structure, suggested better ways to keep my accounts and provided me with Xero software and training so it would be easier for me and the future of my growing company. I would not hesitate to recommend the ABA team to anyone. B Harris | Co-style Constructions Pty Ltd

I have seen alot of Accounting Firms on the Coast and ABA is not just your typical compliance accountant. Itâ&#x20AC;&#x2122;s unmatched range of services in assisting business owners on the Sunshine Coast in achieving full financial mastety is uncomparable! I highly recommend everybody to give them a call and see for themselves. A Inigo | Inigo & Associates