As bookkeeping specialists, we take the headache out of managing your books, by utilising cloud software to provide accurate and up-to-date information and advice. Company Prophets will provide you with a customised bookkeeping service, tailoring a package that meets your goals, expectations and budget. We use the latest in cloud computing which ensures accuracy in the reports we create. As Xero and MYOB specialists we can assist on-site or off-site, depending on your requirements.
Our bookkeepers do much more than manage your books, they also provide:
Payroll management – ensuring your staff are paid on time and accurately
MYOB & Xero training – training your staff to master these software
Maintenance of accounting systems
Prepare each BAS and IAS – and take care of any other
ATO correspondence & obligations
Company Prophets understands the importance of financial analysis in helping business owners identify areas in which they are performing well, and those that require a little extra attention. We do more than simply analyse your Profit & Loss Statement and Balance Sheet, we recommend solutions to increase efficiency and enhance existing performance.
Our services include:
Due Diligence reviews – to provide you with a complete picture of the company’s risks, we are skilled at uncovering deal-breakers that may cause you to reconsider your structure, pricing or terms of proposed acquisitions or mergers.
Sales and divestment research – to ensure you are using the most profitable pricing models and investment opportunities.
Budgeting and forecasting – we consider future trends and plan accordingly
Cash flow forecasting and management
We have the expertise to undertake a detailed review of your accounting processes to improve the financial reporting and analysis of your business as it grows.
Need help with your Start-up? Company Prophets can take the hassle out of setting up your new entity. Our service includes fast, compliant and economical company incorporations, trust and self managed superannuation fund formations.
Once setup we can manage all of your corporate governance compliance.
We can also provide advice on the development of appropriate accounting systems and processes.
We can provide a range of personalised accounting software and corporate governance seminars, individual and group training, to ensure the optimum performance of your team.
As Xero Certified trainers and MYOB specialists, we can assist you with software and system set-ups and one-on-one training.
In addition, our team has extensive experience in presenting Basic Accounting Principles and Corporate Governance Seminars or small group training and workshops, for small business and not for profit entities. Our trainers will help you navigate the sometimes difficult waters of financial management.
We have extensive experience in providing a full range of business services to the Not-For-Profit sector including charities, non-profit entities and community organisations. Our bookkeeping services and customised chart of accounts ensure your reports will be an accurate reflection of your entity’s performance. Our budgets and forecasts ensure future performance is managed appropriately.
Our services include but are not limited to: Board reporting – we prepare the reports so that you can understand each aspect of the business confidently, Grants management and acquittal, Financial reporting, Outsourced CFO – we take full responsibility for all aspects of accounts management, period and year end reporting, and the audit.
All of our work follows the compliance benchmark and regulatory requirements to improve your business while managing the broad issues of corporate governance.
We work together with your Board to create an integrated approach ensuring your organisation meets its objectives whilst adhering to company policies, procedures, laws and regulations. Part of this involves risk management to cost-efficiently mitigate risks that could hinder the organisation in the achievement of its objectives.
These policies will be synchronized across the entire organisation, to enable more effective reporting across numerous departments including IT, management, security, compliance and auditing.