BFAA Accountants

At BFAA Accountants we appreciate the individuality of people and businesses and are committed to providing timely, accurate solutions tailored to suit your particular situation. We work alongside you to solve problems that arise and help you reach your financial goals.

The team of focused, friendly accountants at BFAA Accountants offers a wide range of expertise and experience in business, taxation, financial planning, and wealth creation.

For more information on how our expertise can benefit you, contact us today!

Tax & Accounting

BFAA Accountants provides income tax and accounting advice to you. Our services cover all the requirements for individuals and small businesses including:

• Income tax return preparation and electronic lodgement for individuals, partnerships, trusts, companies and self managed
• superannuation funds.
• Financial statement preparation and management reporting.
• Advice on appropriate business and taxation structures.
• Advice on the timing of tax payments and associated cash flow impacts.
• Advice on amendments, objections and prior year income tax returns.
• Advice on capital gains tax issues and small business CGT concessions.
• Advice on fringe benefits tax issues and preparation of FBT returns.
• GST, BAS, IAS lodgement and advice.
• Electronic bookkeeping support and training including MYOB and Quicken.
• Foreign tax specialist referral service.
• Advice on self managed superannuation fund property acquisitions.
• Supercentral superannuation deed update service.
• Electronic ASIC form lodgement and registered office facilities.

Increased Business Performance

BFAA Accountants provide business and management advice to you.

Any business intent on future growth needs to implement a strategic plan. Unless careful planning goes into the blueprint, a great deal of energy is likely to be consumed for very little return.

You cannot determine the best way to get to a destination unless you know the exact point from which you are coming. Also, you will find the journey far simpler if you have a clear idea of where you want to go and, more importantly, why.

It is important for your business to identify the people who are impacting, or likely to impact, upon it and whom the business needs to manage strategically. These can include not only present customers but prospective customers, other businesses, the media in short, anyone who has power, either now or in the future, to influence your business. Management of these groups is an essential, but often neglected, part of strategic management.

It is also important to identify the internal and external issues, factors and events in your business operating environment, which impact, or are likely to impact on it. Without identification, a firm will not be able to develop a strategic response to those factors. Deciding what those factors are is one of the most important decisions – it requires careful thought.

To determine these factors, we need to examine the business:

• STRENGTHS – internal factors that affect the performance of your business.
• WEAKNESSES- internal factors which affect the performance of your business.
• OPPORTUNITIES – external factors
• THREATS – external factors

Identifying Key Performance Areas (KPAs) is a useful way of focussing attention on the most important areas of achievement for the business. They can provide a framework for dividing your business into critical areas.

Stating your planned outcomes allows everyone involved to work towards their achievement and knowing precisely where your business intends to go and how it will get there.

No matter how hard and fast your plan may seem so far, there is often the need for change. Review and monitor on a regular basis what you have written down. In conjunction with BFAA Accountants at the end of every three months take a careful look at the plan and review your financial performance and make any necessary changes. Dont make the mistake of thinking that what you have in place is concrete.

Wealth Creation

BFAA Accountants provide financial planning advice to you as an authorised representative of Lifespan Financial Planning Pty Limited, www.lifespanfp.com.au a principal member of the Financial Planning Association of Australia Limited, and who have an Australian Financial Services licence (Licence No, 229892) issued under the Australian Financial Services Reform Act and Australian Corporations Act 2001.

John Ardino, the Managing Director, established Lifespan Financial Planning in August 1994. John has over 25 years experience in financial services Lifespan has no ownership links whatsoever with any of the financial institutions which control about 80% of the advice market. Lifespan is 100% privately owned and thus Lifespan is free of the vested interests and pressures associated with having institutional parents or shareholders.

A financial plan is the best way to make sure you create, build and protect your wealth. A financial plan outlines your goals and how you will financially achieve them.

Whether you are young and single, have a family, empty nesters or retirees it is imperative that you seek financial advice tailored to your individual needs and objectives to assist in securing your financial future. The sooner you start planning for your financial future the better off you will be.

Technical Competency

Our chartered accountants and support team are highly trained, knowledgeable and skilful. As with any successful business we continue to invest strongly in our people and latest software technology to ensure best practice in the provision of tax, business, and financial planning advice.

Wealth Creation & Protection

Ensure financial security. Discuss risk protection for you and your family to safeguard your business and retirement with our specialists.