Simplifying Accounting for Australian, USA, and Middle Eastern Accountancy Firms and Businesses.
Accounting outsourcing that streamlines your operations, boosts efficiency, and delivers peace of mind with reliable offshore support.
Bookkeeping
Accurate financial statements aligned with the Australian Financial Reporting Standards (AFRS).
- Transaction Recording: Accurately record all financial transactions.
- Manage Accounts Payable/Receivable: Track and manage incoming and outgoing payments.
- Account Reconciliation: Closing balance reconciliation of balance sheet items, ensuring internal records match external statements by identifying and resolving discrepancies.
- Cash Flow Management: Monitor and manage cash flow to ensure sufficient liquidity for business operations.
- Record Management: Maintain and secure financial records and documentation for auditing and regulatory purposes.
Bank Reconciliation
Ensure accurate financial records by matching internal records with bank statements.
- Match Transactions: Compare bank statements with internal records.
- Discrepancy Identification: Resolve any differences between the bank and bookkeeping records.
- Update Records: Adjust and reconcile accounts as necessary.
Tax Return Preparation
Customized solutions for Personal Income Tax, CGT, GST, and state taxes.
- Tax Return Preparation and Lodgement: Prepare and lodge tax returns for individuals, businesses, trusts, partnerships, and SMSFs.
- Business Activity Statements (BAS) and GST Services: Prepare and lodge BAS, including GST and PAYG obligations.
- Fringe Benefits Tax (FBT) Compliance: Manage FBT calculation, reporting, and compliance.
- Tax Compliance and Reporting: Ensure tax compliance with financial statements, reconciliations, and reporting.
- Learn more about ATO
Payroll Management
Tailored payroll services to minimize risks and enhance operational profitability.
- Employee Onboarding & Tax File Setup: Creating employee records and acquiring relevant tax documentation.
- Payroll Calculations & Deductions: Calculating PAYG withholding, superannuation, and other applicable deductions.
- Net Pay Disbursement & Payroll Reconciliation: Disbursing net pay to employees and reconciling payroll records.
- Real-Time ATO Reporting: Ensuring Single Touch Payroll (STP) compliance by reporting payroll data to the ATO in real-time.
SMSF Accounting
Complete support for SMSF setup, management, and compliance, ensuring regulatory adherence and control over retirement savings.
- Track Contributions: Record and monitor member contributions to the SMSF.
- Manage Investments: Record and reconcile SMSF investments and transactions.
- Prepare Statements: Generate annual financial statements and reports for the SMSF.
Financial Reporting
Comprehensive reports including income statements, profit and loss statements, balance sheets, and ratio analysis.
- Compile Data: Collecting and organizing financial data to ensure accuracy and completeness.
- Report Preparation: Create financial statements and performance reports that adhere to Australian Accounting Standards.
- Analysis and Interpretation: Review and interpret financial data for insights and decision-making.
Risk Advisory & Internal Audit
End-to-End Support in Risk Advisory & Internal Audit.
- Agile Internal Audits: Dynamic risk assessments powered by data analytics.
- Process Reviews: Enhancing efficiency across business functions.
- Risk Assessment: Readiness evaluation and scope definition.
- Controls Testing: Validating design and operational effectiveness (TOD & TOE).
- Process Reengineering: Driving optimization and automation initiatives.
- Controls Assurance: Strengthening internal control environments.
- Continuous Monitoring (CCM): Real-time oversight of key controls.
- Enterprise Risk Management (ERM): Managing strategic and enterprise-wide risks.
- ERP Advisory: Supporting implementation with risk and controls expertise.
Audit Readiness
Comprehensive audit readiness and support framework.
- Pre-Audit Preparation: Organize financial records, assess risks, and review internal controls.
- Audit Support: Coordinate with auditors, resolve queries, and manage issues.
- Post-Audit Review: Analyze findings, implement improvements, and ensure ongoing compliance.
Bookkeeping
Preparation of accurate financial statements in compliance with applicable regulatory standards and accounting principles, ensuring transparency and credibility.
- Transaction Recording: Accurately record all financial transactions.
- Manage Accounts Payable/Receivable: Track and manage incoming and outgoing payments.
- Account Reconciliation: Closing balance reconciliation of balance sheet items, ensuring internal records match external statements by identifying and resolving discrepancies.
- Cash Flow Management: Monitor and manage cash flow to ensure sufficient liquidity for business operations.
- Record Management: Maintain and secure financial records and documentation for auditing and regulatory purposes.
Bank Reconciliation
Ensure accurate financial records by matching internal records with bank statements.
- Match Transactions: Compare bank statements with internal records.
- Discrepancy Identification: Resolve any differences between the bank and bookkeeping records.
- Update Records: Adjust and reconcile accounts as necessary.
Tax Return Preparation
We offer end-to-end support in preparing and filing a wide range of U.S. tax returns, ensuring accuracy, compliance, and timely delivery.
- Individual (Form 1040), Fiduciary (Form 1041), Non-Profit (Form 990), Partnership (Form 1065), C Corporation (Form 1120), and S Corporation (Form 1120S) Returns: Fully prepared and ready for submission.
- Estate and Gift Tax Returns (Form 706): Prepared in accordance with applicable estate and gift tax regulations.
- IRS Forms 433-A, 433-B, and 433-F: Completed based on the client’s financial situation.
- Payroll and Sales/Use Tax Filings: Timely and accurate filings, tailored to federal and state requirements.
- Year-End Reporting (Form 1099 Series): Precise preparation of all required end-of-year tax documents.
Payroll Management
Tailored payroll services to minimize risks and enhance operational profitability.
- Payroll Setup & Scheduling: Establishing customized payroll schedules (weekly, bi-weekly, or monthly) aligned with client policies and requirements.
- Payroll Processing & Tax Compliance: Processing payroll accurately, including tax withholdings (federal, state), insurance, and benefit deductions; and ensuring timely tax payments.
- Data & Documentation Management: Collecting and maintaining essential documents such as W-4 forms, employee timesheets, pay rates, and bank details for seamless direct deposits.
- Reporting & Year-End Filings: Delivering periodic payroll reports, preparing and filing payroll returns (Form 941, NYS-45), issuing pay stubs, and year-end forms like W-2s and 1099s.
Financial Reporting
Comprehensive reports including income statements, profit and loss statements, balance sheets, and ratio analysis.
- Compile Data: Collecting and organizing financial data to ensure accuracy and completeness.
- Report Preparation: Create financial statements and performance reports that adhere to U.S. GAAP.
- Analysis and Interpretation: Review and interpret financial data for insights and decision-making.
Risk Advisory & Internal Audit
End-to-End Support in Risk Advisory & Internal Audit.
- Agile Internal Audits: Dynamic risk assessments powered by data analytics.
- Process Reviews: Enhancing efficiency across business functions.
- Risk Assessment: Readiness evaluation and scope definition.
- Controls Testing: Validating design and operational effectiveness (TOD & TOE).
- Process Reengineering: Driving optimization and automation initiatives.
- Controls Assurance: Strengthening internal control environments.
- Continuous Controls Monitoring (CCM): Real-time oversight of key controls.
- Enterprise Risk Management (ERM): Managing strategic and enterprise-wide risks.
- ERP Implementation Support: Supporting implementation with risk and controls expertise.
Audit Readiness
Comprehensive audit readiness and support framework.
- Pre-Audit Preparation: Organize financial records, assess risks, and review internal controls.
- Audit Support: Coordinate with auditors, resolve queries, and manage issues.
- Post-Audit Review: Analyze findings, implement improvements, and ensure ongoing compliance.
Bookkeeping
Preparation of accurate financial statements in compliance with applicable regulatory standards and international accounting principles, ensuring transparency and credibility.
- Transaction Recording: Accurately record all financial transactions.
- Manage Accounts Payable/Receivable: Track and manage incoming and outgoing payments.
- Account Reconciliation: Closing balance reconciliation of balance sheet items, ensuring internal records match external statements by identifying and resolving discrepancies.
- Cash Flow Management: Monitor and manage cash flow to ensure sufficient liquidity for business operations.
- Record Management: Maintain and secure financial records and documentation for auditing and regulatory purposes.
Bank Reconciliation
Ensure accurate financial records by matching internal records with bank statements.
- Match Transactions: Compare bank statements with internal records.
- Discrepancy Identification: Resolve any differences between the bank and bookkeeping records.
- Update Records: Adjust and reconcile accounts as necessary.
VAT Preparation
Comprehensive VAT services ensuring compliance and operational efficiency.
- VAT Registration & Filing: Assistance with VAT registration, accurate data recording, timely return filings, and payments in accordance with regional tax laws.
- VAT Planning & Administration: Expert advice on selecting the right VAT scheme and identifying tax planning opportunities tailored to your operations.
- VAT Compliance & Control: We manage VAT account reconciliation, address compliance issues, and implement controls to identify and mitigate potential risks.
Corporate Tax
We provide comprehensive support to help businesses understand, plan for, and comply with the evolving Corporate Tax and Transfer Pricing regulation.
Strategic Tax Planning and Impact Assessment: We evaluate the impact of UAE Corporate Tax and Transfer Pricing regulations, analyze financial implications, and identify opportunities for restructuring and improving tax efficiency.
Implementation and Compliance Solutions: We revise contracts, develop transfer pricing policies, implement structural adjustments, and secure FTA clarifications and rulings to ensure full compliance with Corporate Tax regulations.
Ongoing Support and Advisory: We assist with Corporate Tax registration, prepare and file accurate tax returns, and offer ongoing advisory to ensure continuous compliance with evolving regulations.
Payroll Management
Tailored payroll services to minimize risks and enhance operational profitability.
Salary Processing & WPS Compliance: Complete setup and management of WPS-compliant salary transfers, ensure timely disbursement of employee salaries, and generate and distribute payslips in line with UAE labor requirements
Compliance & Statutory Filings: We manage all statutory payments and government filings while ensuring ongoing compliance with the latest labor law updates.
End-of-Service & Leave Management: We accurately calculate gratuity and final settlements while managing and integrating employee leave balances into payroll.
Financial Adjustments & Reporting: We manage retroactive pay adjustments, monthly payroll accruals, and deliver customized reports, along with full support for payroll audits.
Financial Reporting
Comprehensive reports including income statements, profit and loss statements, balance sheets, and ratio analysis.
- Compile Data: Collecting and organizing financial data to ensure accuracy and completeness.
- Report Preparation: Create financial statements and performance reports, aligned with IFRS and local tax laws.
- Analysis and Interpretation: Review and interpret financial data for insights and decision-making.
Risk Advisory & Internal Audit
End-to-End Support in Risk Advisory & Internal Audit.
- Agile Internal Audits: Dynamic risk assessments powered by data analytics.
- Process Reviews: Enhancing efficiency across business functions.
- Risk Assessment: Readiness evaluation and scope definition.
- Controls Testing: Validating design and operational effectiveness (TOD & TOE).
- Process Reengineering: Driving optimization and automation initiatives.
- Controls Assurance: Strengthening internal control environments.
- Continuous Controls Monitoring (CCM): Real-time oversight of key controls.
- Enterprise Risk Management (ERM): Managing strategic and enterprise-wide risks.
- ERP Advisory: Supporting implementation with risk and controls expertise.
Audit Readiness
Preparing your business for a smooth, efficient, and insightful audit process.
- Pre-Audit Preparation: Organize financial records, assess risks, and review internal controls.
- Audit Support: Coordinate with auditors, resolve queries, and manage issues.
- Post-Audit Review: Analyze findings, implement improvements, and ensure ongoing compliance.
CFO Services
Designed to enhance financial strategy, optimize performance, and drive business growth through expert financial oversight.
- Financial Analysis & Modelling: In-depth analysis and financial modeling to provide insights that support data-driven decisions and long-term planning.
- Key Performance Indicators (KPIs): Develop and monitor KPIs to track business performance and identify areas for improvement.
- Cash Flow Management: Strategic management of cash flow to ensure liquidity, minimize financial risks, and support operational efficiency.
- Budgets & Forecasting: Assistance with budget creation and financial forecasting, helping to set realistic goals and track performance against targets.
What you need to Know
Find answers to common questions about our services, processes, and more. We’re here to provide clarity and ensure you have all the information you need.
Seagull takes an industry-agnostic approach to outsourcing solutions, enabling us to serve businesses across a wide range of sectors. Our flexible and customizable services are designed to meet the unique needs of each client, ensuring high-quality, reliable, and precise outcomes regardless of the industry. This adaptability allows us to deliver exceptional value without being confined to any specific sector.
Outsourcing to Seagull offers several key benefits, including:
