Business Accounting and Financial Reporting
Business Accountant Brisbane, Noosa, Gold Coast, Sydney and Australia-wide
Business accounting
that helps you understand your numbers
Running a business requires more than keeping records up to date. You need clear financial information, accurate annual accounts and practical support to help you make informed decisions.
Stonehouse Accounting provides business accounting and financial reporting services for small businesses, companies, trusts, partnerships and family groups.
Whether you need annual financial statements, management accounts, trust distribution minutes, business structure support or reporting for a sale, restructure or succession plan, our team can help you stay organised and informed.
Business accounting and financial reporting support for clients across Brisbane, Gold Coast and Australia-wide.
Business accounting services
Our business accounting services are designed to support both your annual compliance needs and your broader business decision-making.
Financial Statements & Annual Accounts
Financial Statements & Annual Accounts
Management Accounts & Reporting
Management Accounts & Reporting
Entity Accounting
Entity Accounting
Business Structure Support
Business Structure Support
Sale of Business Reporting
Sale of Business Reporting
Trust Minutes & Resolutions
Trust Minutes & Resolutions
Growth, Restructure & Succession Support
Growth, Restructure & Succession Support
Financial statements and annual accounts
Annual financial statements give business owners, lenders, advisers and other stakeholders a clear view of the financial position and performance of the business.
Stonehouse Accounting can prepare annual accounts and financial statements for a range of business and investment entities, including:
- Companies
- Trusts
- Partnerships
- Sole traders
- Family groups
- Investment entities
- Related business structures
Our focus is on preparing accounts that are accurate, well organised and useful for business owners, not just completed for compliance purposes.
Good financial reporting helps business owners make better decisions
Management accounts and business reporting
Many business owners only review their numbers at tax time. By then, it can be too late to make practical changes.
Management accounts can help you understand how your business is performing throughout the year. This can be valuable if you are growing, managing cash flow, preparing for finance, reviewing profitability or planning for a restructure or sale.
We can help prepare reports covering:
- Profit and loss performance
- Balance sheet position
- Cash flow trends
- Revenue and expense analysis
- Business unit or division reporting
- Year-to-date results
- Comparison to prior periods
- Management reporting for directors, owners or stakeholders
Our reporting is designed to be clear and practical, so you can understand the numbers and use them in business discussions.
Accounting for Companies, Trusts and Partnerships
Business and investment structures can create additional accounting and reporting obligations. Companies, trusts and partnerships each have their own records, accounts and year-end requirements.
Stonehouse Accounting can help maintain and prepare accounting records for your entities, including:
- Company accounts
- Trust accounts
- Partnership accounts
- Family group entities
- Investment entities
- Inter-entity transactions
- Loan accounts
- Distribution records
- Supporting year-end documentation
Where your structure needs to be reviewed, we can work with your broader professional team, including your financial adviser and legal adviser where appropriate.
Annual trust distribution minutes and resolutions
Trustees need to consider and document trust distribution decisions before year end. Poorly managed trust distribution decisions can create unnecessary tax and compliance issues.
Stonehouse Accounting can assist with annual trust distribution minutes and resolutions, including support for:
- Family trusts
- Unit trusts
- Business trusts
- Investment trusts
- Distribution planning discussions
- Year-end documentation
- Coordination with tax return preparation
Timing matters
Sale of business income statements and reporting
If you are preparing to sell a business, bring in a partner, restructure ownership or transition to the next generation, you may need reliable financial information to support the process.
Stonehouse Accounting can assist with preparation of income statements and financial reports that help business owners and their advisers understand business performance.
This may include:
- Sale of business income statements
- Historical financial summaries
- Normalised income and expense reporting
- Profitability review
- Entity and structure reporting
- Supporting information for purchasers, lenders or advisers
- Coordination with your solicitor, business broker or financial adviser
Business structure support
The way your business is structured can affect accounting, tax, reporting, succession, asset protection and future sale options.
Stonehouse Accounting can help you understand the accounting and tax considerations of your current structure and support the records required for companies, trusts, partnerships and related entities.
We may assist with:
- Reviewing existing entity records
- Understanding the accounting obligations of your structure
- Coordinating company, trust and partnership accounts
- Supporting tax planning discussions
- Preparing records for business changes
- Working with your solicitor where legal advice is needed
- Working with Stonehouse Wealth Management where financial advice is needed
Stonehouse Accounting provides accounting and tax services
Support for growth, restructure and succession
As your business changes, your accounting needs often change as well.
You may need clearer reporting, more structured accounts, updated entity records, better management information or support preparing for a future sale or transition.
Stonehouse Accounting can work with business owners through different stages of the business lifecycle, including:
- Starting or acquiring a business
- Growing an existing business
- Reviewing business performance
- Preparing for finance
- Restructuring entities
- Bringing in new owners or family members
- Preparing for succession
- Preparing for sale
- Transitioning out of business ownership
This support can be especially valuable where business, family and personal wealth matters are connected.
Who we work with
Stonehouse Accounting provides business accounting support for:
- Small business owners
- Family businesses
- Professional service businesses
- Companies
- Trusts
- Partnerships
- Business owners with multiple entities
- Property and investment entities
- Business owners preparing for succession
- Business owners working with Stonehouse Wealth Management
Business accounting and financial advice working together, where appropriate
Business owners often need coordinated support across accounting, tax, business planning, superannuation, insurance, succession planning and personal wealth strategy.
Stonehouse Accounting provides business accounting, tax and financial reporting services.
Stonehouse Wealth Management provides licensed financial advice, including advice on superannuation, retirement planning, investment strategy, insurance and broader financial planning.
Where a client uses both services, our teams can work together with the client’s consent. This can help reduce duplication and give your professional team a clearer understanding of your broader position.
Stonehouse Accounting does not provide personal financial advice. Where you require financial product advice, we can refer you to a licensed financial adviser within Stonehouse Wealth Management.
How we work with business clients
1. Understand your business and structure
We start by understanding your business, entities, accounting records and what support you need.
2. Review your current information
We confirm what records are available, what may be missing and what needs to be prepared.
3. Agree the scope of work
We clarify the services required, timing, responsibilities and fees before work begins.
4. Prepare accounts and reports
Our team prepares the agreed accounts, financial statements, reports or entity documentation.
5. Discuss the results
Where appropriate, we talk through the key points so you understand what the numbers are showing.
6. Support the next steps
We can assist with ongoing accounting, year-end work, management reporting, tax planning and coordination with your broader professional team.
What information may be required
The information required will depend on your business structure and the services you need.
Common documents and records include:
- Prior year financial statements
- Business tax returns
- Accounting software access or reports
- Bank statements
- Loan statements
- Payroll records
- BAS and IAS records
- Debtor and creditor listings
- Asset purchase records
- Finance agreements
- Trust deeds, where relevant
- Company records, where relevant
- Partnership agreements, where relevant
- Details of related entities
- Prior accountant correspondence, where relevant
Business accounting FAQs
Yes. Stonehouse Accounting provides accounting and financial reporting services for small businesses, family businesses and business owners operating through companies, trusts, partnerships and other structures.
Yes. We can prepare annual accounts and financial statements for companies, trusts, partnerships and other entities.
Yes. We can assist with management accounts and reporting to help business owners understand profit, cash flow, financial position and year-to-date performance.
Yes. We can assist with annual trust distribution minutes and resolutions. These should generally be considered before 30 June, so it is best to speak with us before year end.
Yes. We can assist with sale of business income statements and accounting information that may be required as part of a sale, restructure or succession planning process.
We can assist with accounting and tax considerations relating to your business structure. Where legal advice or financial advice is required, we can work with your solicitor or licensed financial adviser.
Yes. We can work with your existing bookkeeper, provided the records are available and access can be arranged.
No. You do not need to be a Stonehouse Wealth Management client to use Stonehouse Accounting. Where financial advice is needed, we can refer you to a licensed financial adviser if appropriate.
Stonehouse Accounting may assist with bookkeeping support or work with your existing bookkeeping provider. If you require regular bookkeeping, we can discuss the best arrangement for your needs.
Yes. We can help review what is outstanding, identify missing information and work through the accounts in a practical order.
Need clearer business accounts and financial reporting?
Whether you need annual accounts, management reporting, trust distribution minutes or support preparing for growth, restructure or succession, Stonehouse Accounting can help.