Accountants for consulting firms

The experts in business efficiency

Liston Newton Advisory is here to ensure all your accounting needs are taken care of. Talk to our team today.

Liston Newton Advisory is rated 4.8 from 32 reviews

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Award winning accountants

SMSF multi service firm of the year awardSMSF customer service firm of the year awardIfa innovator of the year awardIfa holistic adviser of the year award

Leading Melbourne accountants for consulting firms

We exist with one goal in mind – to help consulting specialists like yourself accomplish all your accounting tasks.

Whether you need help with pricing projects correctly, regulating cashflow or with general bookkeeping and tax planning requirements, we're here to drive maximum business efficiency.

Accounting and taxation

Bookkeeping

Capacity planning

Profit forecasting

Business planning

Accounting for consulting businesses

Expertise for consulting specialists

Wealth of experience

Industry experience

We've been providing expert accounting services for consultants for the past 40 years.

Full range of services

Tailored services

Whether you need help with structuring, tax planning, invoicing, bookkeeping or more, we can tailor our services to suit.

Long term client relationships

Client partnerships

It's our mission to clearly understand your unique business goals, and develop long-term strategies for success.

Leading industry innovation

Innovative solutions

Automate your business processes using our cutting-edge accounting technology and software solutions.

Our work in the consulting sector

Strategic accounting for Naked Ambition

Naked Ambition is an innovation consulting business based in the Melbourne CBD.

We first assisted with their bookkeeping and payroll tasks, enabling the owner to better focus on growing the business and servicing her clients.

Next we ran a profit and forecasting session to set measurable profit targets and KPIs.

We also built tailored capacity planing models that allowed the owner to plan and measure profitability, for better informed staffing decisions.

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About us

We're a specialist accounting and business advisory firm with many years of proven experience working within the consulting industry.

It's our goal to help optimise your business for complete efficiency, using the best accounting solutions on the market.

Whether you’re looking for strategic advice or day-to-day support, we're ready to help.

Learn about us
Kieran Liston, Director | Adviser

Expertise you can trust

We've been doing this for a long time, and we have industry leading qualifications and accreditations to show for it. Learn more from a specialised business accountant.

Frequently asked questions

How many staff should I hire?

This is a common challenge for most companies – but while every business is different, a capacity planning model is ideal for helping you build a profitable business using the right amount of staff.

Capacity planning helps you calculate the amount of revenue your staff can produce, and how to do it profitably.

How you price your services and how much you pay your staff will also be major factors in capacity planning.

How can I best determine which clients are profitable?

Timesheets are the most accurate way to calculate profitability, enabling you to determine whether you're charging the right amount for work.

Accurate timesheet records will also give you insights into your employees, and help you to know whether you're over or under-staffed. Some great applications include Workflow Max and Harvest.

What is a good profit target for my business?

As with most professional services, consulting businesses should be aiming for a gross profit of between 55% and 65%. The best way to achieve this is to analyse every client job to ensure that you hit this target every time.

A gross profit of around 60% will likely result in a net profit (before tax) of 25% to 35%.

To learn more about consolidating your profit targets, get in touch with the accounting team at Liston Newton Advisory.

What key accounting indicators should I focus on?

Some of the main indicators you should keep track of are Gross Profit, Net Profit after Tax, Debtor Days (i.e how long it takes to get paid), staff billing capacity, number of proposals generated per month, and number of proposals won.

Talk to the accountants who understand your consulting business

We offer the best advice and support for consultants like you. Talk to the experts today.

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