Simplifying Accounting for Australian, USA, and Middle Eastern Accountancy Firms and Businesses.
Accounting expertise that streamlines your operations, elevates efficiency, and offers peace of mind with outstanding value
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
Payroll Management
Tailored payroll services to minimize risks and enhance operational profitability.
- Creating employee records and acquiring relevant tax documentation
- Calculating PAYG withholding, superannuation, and other applicable deductions
- Disbursing net pay to employees and reconciling payroll records
- 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
Internal Audit
An internal audit is an independent evaluation of a company’s operations, systems, and processes to help improve its efficiency and effectiveness
- Agile Internal Audits: Risk Assessment & Data Analytics
- Business Function Process Reviews: Efficiency Enhancement
- Risk Assessment: Readiness & Scoping
- Design & Operating Effectiveness Testing: TOD & TOE
- Business Process Reengineering: Optimization & Automation
- Internal Controls Assurance
- Continuous Controls Monitoring (CCM): Ongoing Oversight
- Enterprise Risk Management (ERM): Strategic Risk Management
- ERP Implementation Support: Risk & Controls Advisory
Audit Readiness
- 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
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
Payroll Management
Tailored payroll services to minimize risks and enhance operational profitability.
- Creating employee records and acquiring relevant tax documentation
- Calculating PAYG withholding, superannuation, and other applicable deductions
- Disbursing net pay to employees and reconciling payroll records
- Ensuring Single Touch Payroll (STP) compliance by reporting payroll data to the ATO in real-time
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
Internal Audit
An internal audit is an independent evaluation of a company’s operations, systems, and processes to help improve its efficiency and effectiveness
- Agile Internal Audits: Risk Assessment & Data Analytics
- Business Function Process Reviews: Efficiency Enhancement
- Risk Assessment: Readiness & Scoping
- Design & Operating Effectiveness Testing: TOD & TOE
- Business Process Reengineering: Optimization & Automation
- Internal Controls Assurance
- Continuous Controls Monitoring (CCM): Ongoing Oversight
- Enterprise Risk Management (ERM): Strategic Risk Management
- ERP Implementation Support: Risk & Controls Advisory
Audit Readiness
- 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
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
Payroll Management
Tailored payroll services to minimize risks and enhance operational profitability.
- Creating employee records and acquiring relevant tax documentation
- Calculating PAYG withholding, superannuation, and other applicable deductions
- Disbursing net pay to employees and reconciling payroll records
- Ensuring Single Touch Payroll (STP) compliance by reporting payroll data to the ATO in real-time
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
Internal Audit
An internal audit is an independent evaluation of a company’s operations, systems, and processes to help improve its efficiency and effectiveness
- Agile Internal Audits: Risk Assessment & Data Analytics
- Business Function Process Reviews: Efficiency Enhancement
- Risk Assessment: Readiness & Scoping
- Design & Operating Effectiveness Testing: TOD & TOE
- Business Process Reengineering: Optimization & Automation
- Internal Controls Assurance
- Continuous Controls Monitoring (CCM): Ongoing Oversight
- Enterprise Risk Management (ERM): Strategic Risk Management
- ERP Implementation Support: Risk & Controls Advisory
Audit Readiness
- 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.
VAT Preparation
Comprehensive VAT services designed to ensure full compliance with VAT regulations while optimizing VAT processes for efficiency.
- VAT Registration & Preparation: Assistance with VAT registration and seamless preparation for compliance, tailored to specific needs.
- VAT Planning & Administration: Expert guidance on VAT planning and administration, helping to select the most suitable VAT scheme for the requirements.
- VAT Control & Reconciliation: Efficient management and reconciliation of VAT accounts to maintain accuracy and minimize discrepancies in VAT processing.
- VAT Returns: Support with completing and filing VAT returns, ensuring timely and accurate submissions in line with regulatory requirements.
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:
