Mischel & Co Pty Ltd - Boutique Accounting, Business Advisory and Consulting Firm

Accounting and Advisory Services

Mischel & Co Pty Ltd specialises in providing clients with accounting, corporate structure and business advisory services to assist in the development and enhancement of their businesses in an environment that has numerous legislative obligations.

Bookkeeping and Record Keeping

Modern business demands up to date accurate financial information. We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts and periodic management accounts for tax, business appraisal and planning purposes.

We will discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.

Taxation

Our taxation consulting division is continually keeping up to date with the latest changes which mean we can offer advice based on proven knowledge and experience. Our proactive approach ensures we deliver a consistent service and build solid relationships which stand the test of time.
Taxation can be a major cost to your business. We will work in partnership with you to minimise your tax and help you achieve your key objectives.

We provide a complete service of help and advice in all of the following areas:

Preparation of Income Tax Returns including:

Personal, Company, Trust , Partnership and Superannuation Fund

Preparation of Business Activity Statements including:

Goods & Services Tax and PAYG Withholding determinations

Business Structuring including:

Advice on and implementation of tax effective tax structures

Advice on and implementation of tax effective business structures

Asset protection and tax planning

Payroll Services

Administering your payroll can be time-consuming and divert you from the core activities of your business. Payroll & employment legislation is growing increasingly complex.
We can relieve you of this burden by providing a comprehensive and confidential payroll service, including:

Customised pay slips
Administration of PAYG, statutory sick pay, annual leave etc
Summaries and analyses of staff costs
Administration of incentive schemes, bonuses and termination payments

Business Start-Up

Advice in correctly establishing a business structure including the various registrations needed to commence business including:

Company Formation
Trust Formation
Superannuation Fund Formation
Australian Business Number Registration
Goods & Services Tax Registration
Tax Withholding Registration
Tax File Number Registration
Workcover Registration
Payroll Tax Registration
Assessment of Stamp Duty on various Trusts

Establishment of Accounting Systems

In today’s mechanised world that demands prompt reporting both of a Statutory nature and that of Corporate Governance there is need to maintain a proper set of books of accounts that conform to the various statutes and will withstand scrutiny from various government instrumentalities as well as government audits.

To establish the correct form of reporting and establishment of books of accounts a suitable computerized accounting system has to be created. There are various accounting packages available in the market place, Mischel & Co Pty Ltd will determine the appropriate accounting package that suits your business and assist in the installation of the software and set up of the accounting package. It will also assist in customizing the accounting system to best suit the client’s business.

Business Planning and Corporate Governance

Apart from the establishment of a corporate structure, there is also a need to plan ahead.
A successful business is not one that opens today and closes tomorrow, before taking the step of setting up a business there is also a need to plan ahead, often this requires the need to:

Prepare a Business Plan
Prepare Cashflow Projections
Prepare Budgets and Trading Forecasts
Establishing a Strategic Plan
Define your objectives and financial goals
Ascertain suitable staffing
Determining your IT Requirements
Recruitment and vetting of staff
Personality profiling for key positions
Assess your finance requirements
Establish a good working relationship with your bank
Dealing with company secretarial issues
Establishing a Board of Directors and Management Team

Mischel & Co Pty Ltd has considerable experience in these areas and also has strategic alliances with other professionals that may assist in all of the above mentioned areas.