Statutory Audits
Privately and foreign-owned companies
Not-for-profit organisations
ASX listed companies
Australian Financial Services Licensees

Systems and Internal Audits
Audits on specific systems within an organisation, including detailed reporting to the Board
Provision of Internal audit services on both a recurring and non-recurring basis
Audits based upon an agreed scope or specified procedures
Due Diligence Services
New business acquisitions, including risk assessments of significant areas
Other Audit Services
Solicitors Trust Account Audits
Real Estate Trust Account Audits
Grant Acquittal audits
Fraud Investigations
Self Managed Superannuation fund Audits
Full compliance audit in accordance with the SIS Act, including recommendations to the Trustees

Accurate & informative benchmarking reports
Comparisons against the competition
Analysis of costs & expenditure
Analyse of industry key performance indicators
Action strategies to improve the bottom line

Bookkeeping Services include:
Payroll
Date Entry
GST & PAYG Lodgements
Accounts Payable
Accounts Receivable
Laisse with customers & suppliers
Cash flow management
Onsite training

Also specialise in Bookkeeping applications such as:
XERO
MYOB
SASSU
RECKON
QUICKBOOKS

Advice on the correct structure for a business
Business planning, cash flow projections, budgets & trading forecasts
Advise on the best sources of finance & the necessary proposals
Registration procedures with government departments
Customised systems to record business transactions

Internally Required Valuations
Basic annual valuations requested by the owners with minimal effort to provide an idea of the value of the business in the years leading up to its sale
Provided for a vast variety of industries, particularly wholesaling and service industries

Externally Required Valuations
Business Acquisitions – existing clients looking to acquire a competitor or a related business
Acquiring a Franchise – mainly in service orientated franchises
Court Proceedings
Divorce Proceedings – market value to help in division of family assets
Partnership disputes – value for the partnership to split effectively
Shareholder disputes – for one shareholder to sell to the other shareholders

Financial Planning
Information gathering
Analysis
Recommendation
Implementation
Reviews

Wealth Management
Cash flow Analysis and Planning
Portfolio Construction
Equity Analysis and Advice

A member of the Franchise Council of Australia
Established relationships with service providers with a good understanding of the franchise industry
Advice on building a franchise system
Advice for potential franchisees

Budgets and cash flows
Ratio analysis
Marketing & business plans
Costing analysis
Business systems

Government assistance programmes
Assistance in obtaining & complying with ongoing compliance issues of government grants

Dispute resolution
Independent reports for dispute resolutions
Dispute resolution avoiding unnecessary legal costs

Workers compensation
Workers compensation wage declarations & audits
Assistance with workers compensation claim resolution

Fund Establishment
Provide advice on set up, management, tax matters and compliance
Set up of the fund and trust deed
Establishment of a trust for a borrowing arrangement to acquire property
Provision of minutes and documents re the establishment of the fund

Fund Administration
Preparation of annual financial statements, including operating statement, statement of financial position, notes to financial statements
Prepare individual member benefits statements including movements and member’s tax components
Calculate minimum pension payments
Audit of the fund by an approved SMSF auditor
Prepare and lodge the fund’s income tax return
Provide assistance to trustee’s with the preparation of the fund’s investment strategy and their reporting obligations
Obtain actuarial certificates where required
Provide pension commencement documentation

Advice on federal taxes
Income tax & capital gains tax
Fringe benefits tax
Goods & services tax (GST)
Pay as you go withholding (PAYG Withholding)

State Taxes
Payroll tax
Stamp duty
Land tax

CIB Accountants & Advisers are professional registered auditors that have been performing trust account audits for many years.
Professional and friendly, our auditors may attend your office, or you may provide our auditors with the documentation to conduct the audit.
Our auditors are open minded and understand that business like to increase their efficiency, hence, CIB auditors provide a value added service whereby suggestions may be made on how you can better process your accounts and business upon completion of the audit.
Trust account audits may be provided for:
Real Estate Agents and property management
Solicitors, lawyers and barristers,
Not for profit organisations such as clubs and societies.

Management Accounting & Financial Reporting
Forecasts and Budgeting
Strategic and Business Planning
Cash flow Management
Maintain ATO reporting
Company Secretarial services

On behalf of iCare
On behalf of SIRA State Insurance Regulatory Authority.
For clients that require issues to be investigated.