Brisbane · CPA-qualified · Registered Tax Agents
Financial reports you can act on.
Statutory financial statements, monthly management accounts and lender-ready reporting — prepared to standard, and explained so the numbers actually inform a decision.
What financial reports does a Brisbane business need?
Most private companies and trusts need annual financial statements — profit and loss, balance sheet, and notes — to support the tax return and satisfy directors, lenders and members. Beyond that obligation, useful reporting is monthly: management accounts with comparatives, aged receivables and payables, and a short commentary on what changed. Lenders, landlords, licensing bodies and grant programs typically require special purpose reports prepared on a stated basis.
- Statutory statements from $650
- Monthly management packs from $180
- Lender and licence-ready reports
- Prepared by CPA-qualified accountants
Why us
Why Brisbane clients choose us for financial reporting.
Correct, and readable
Prepared to the applicable standards, then summarised in one page a non-accountant can act on.
Reconciled properly
Balance sheet items are actually substantiated — loans, provisions, director accounts, stock, work in progress — not plugged to make the trial balance close.
Comparatives and commentary
Prior period, budget and trend, with a note on what moved and why. A number without context isn't information.
Ready when third parties ask
Banks, brokers, landlords and licensing bodies all want the same pack. We keep it current so a request isn't a fire drill.
Who it's for
Who needs formal reporting
Reporting is either a legal requirement, a lender requirement, or a management tool — often all three.
- Companies preparing annual statements for directors
- Trusts reporting to beneficiaries
- Businesses applying for finance or refinancing
- Partnerships needing partner-level reporting
- Not-for-profits and incorporated associations
- Businesses under licensing or tender obligations
- Owners wanting monthly visibility
- Vendors preparing for due diligence
Indicative fees
| Engagement | Indicative fee |
|---|---|
| Annual financial statements — company or trust | from $650 |
| Monthly management pack | from $180/month |
| Special purpose / lender report | from $450 |
| Consolidated group reporting | from $1,400 |
| Included with business packages | no extra fee |
What's included
What the engagement covers.
Annual financial statements
Profit and loss, balance sheet, statement of changes in equity, notes, and directors' or trustees' declarations.
Management accounts
Monthly or quarterly P&L with comparatives, balance sheet, aged debtors and creditors, and a written commentary.
Special purpose reports
Reports prepared on a stated basis for lenders, landlords, licensing bodies, grant programs or tenders.
Balance sheet substantiation
Reconciliation of loans, director and beneficiary accounts, provisions, inventory, work in progress and fixed asset registers.
Division 7A and loan review
Identifying shareholder and beneficiary loans, minimum repayments and compliant loan agreements before they become deemed dividends.
Consolidated group reporting
Combined reporting across related entities, with inter-entity eliminations, for owners running a group.
How it works
Our process.
- 1
Scope the requirement
Who's reading it and why — director, lender, licensor, buyer — determines the basis of preparation.
- 2
Data and reconciliation
We reconcile the file, substantiate balance sheet items and query the anomalies before drafting.
- 3
Draft and review
Statements prepared and independently reviewed by a second CPA.
- 4
Walk-through
A short session on what the statements show — margins, working capital, debt, drawings and tax position.
- 5
Finalise and file
Signed copies issued, tax return aligned, and the pack stored ready for the next third-party request.
FAQ
Financial Reporting — questions we're asked most.
Does my small company have to prepare financial statements?
Most small proprietary companies aren't required to lodge financial reports with ASIC, but they still need properly prepared accounts to support the tax return, to satisfy directors' duties, and for any lender, buyer or member who asks. Trusts need them to substantiate distributions. In practice: yes, you need them — the question is only which basis of preparation applies.
What's the difference between statutory and management accounts?
Statutory statements are annual, prepared to accounting standards, and look backwards for compliance and third parties. Management accounts are internal, monthly or quarterly, faster and less formal, and exist to help you make decisions while the year is still running. Owners who only ever see statutory accounts are steering by the rear-view mirror.
Can you prepare reports my bank will accept?
Yes. Lenders typically want two years of financial statements, tax returns, notices of assessment, recent BAS and a current-year interim report, sometimes with forecasts. We prepare the pack in the format brokers and credit teams expect, which shortens assessment time considerably.
How quickly can you turn statements around?
Two to three weeks from a clean, reconciled file. If the file needs cleanup — unreconciled accounts, missing records, unsubstantiated balances — allow longer, and we'll quote that work separately so the cost is visible.
Do you provide audits?
We prepare financial statements but don't audit our own clients' accounts — independence rules prohibit it. Where an audit is required (some not-for-profits, incorporated associations, licence conditions, SMSFs) we prepare the audit file and coordinate an independent registered auditor.
What is Division 7A and why does it come up in reporting?
If you take money out of your company other than as wages or a franked dividend, it's usually a loan. Division 7A treats unpaid loans as deemed unfranked dividends unless there's a complying written loan agreement with minimum repayments at the ATO benchmark rate. It surfaces during reporting because that's when director loan accounts are reconciled — and fixing it before year-end is far cheaper than after.
Related services
Explore related services.
Business Accounting
Bookkeeping, BAS, payroll and management reporting handled end to end.
Learn more →Business Advisory
Structuring, cash-flow forecasting, growth strategy and succession planning.
Learn more →Tax Returns
Individual and business returns prepared accurately, lodged fast, with every deduction claimed.
Learn more →Small Business Accountant Brisbane
Sole traders to companies
Learn more →Xero Certified Accountant Brisbane
Setup, migration, training
Learn more →Forensic Accountant Brisbane
Disputes, valuations, tracing
Learn more →Local coverage across Brisbane
We work in person from our Wakerley office and by secure video across 200 suburbs. Start with your region:
- Accountants Brisbane CPA accountants for the wider Brisbane metro area.
- Accountants South Brisbane South Brisbane, West End, Annerley and Sunnybank.
- Accountants Brisbane Northside Chermside, Stafford, Aspley and the northern corridor.
- Accountants Brisbane Bayside Wynnum, Manly, Wakerley and Tingalpa.
- Accountants Redland City Cleveland, Capalaba, Victoria Point and the bay islands.
- Accountants Logan City Springwood, Beenleigh, Browns Plains and 50 Logan suburbs.
- Accountants Ipswich Ipswich CBD and the western Brisbane corridor.
Ready when you are
Financial Reporting — let's talk.
Free 15-minute consultation and a fixed-fee quote in writing. Mon–Fri 9am–5pm AEST.