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Business accountants

An accounting firm that can get you moving

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Expert business accountants

We can handle all your business accounting and financial needs. Our team of business accountants in Melbourne are highly experienced experts. We can help you with everything from tax planning to franchise valuations.

Talk to a small business accountant

Financial statements
Tax returns
BAS returns
Bookkeeping
ASIC compliance
Analysis and advice
Get your business moving. Talk to an expert business accountant.
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Choose a business accountant who can do more

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Business experience

With over 40 years of experience behind us, our business accountants are true experts. And we are always aiming for new achievements.

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Full range of service

We provide a full range of financial services. Your business accountant should also be your business adviser and financial planner.

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Long-term client partnerships

We're not just your business accountant, we can help you set your financial goals and give you the best foundation for success.

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Leading industry innovation

We are on the forefront of industry innovation. We use the latest technology to deliver high-quality services for all our clients.

Work with us with confidence and support. We're a Xero Gold partner.

Meet our business accountants

Our team of business accountants are all highly qualified and experienced. We are dedicated to providing the very best services and advice.

We understand what it takes to grow a successful business because we have done it ourselves. Let us help you do it too.

Shaun Newton, Director | Adviser

Our business accounting team

We have worked with Liston Newton's Business Accountants and Advisory Team for over a decade. During that time, our business has grown substantially both organically and through purchases. This wouldn’t have been possible without Liston Newton Advisory to assist with our business planning, providing proactive advice and ensuring our accounts were always compliant in a complex and volatile industry.
Karsten Horne
CEO, Reho Travel
Liston Newton's Business Accountants analysed our financial and business situation and helped us implement strategies to improve our position. Their strategies turned our business from making a loss, to recording a 6-month net profit of 36 per cent. And we are now on track to show a 240 per cent increase in turnover over the next financial year.
Lisa Clarke
SL Constructions
Liston Newton helped us move our accounting over to Xero. A Business Accountant managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.
Peter Luskan
Pandora

Our method for business success

We have a unique approach to business accounting. We consider your short and long-term business goals so we can provide the best possible foundation for you to grow your business and move towards financial freedom.

We developed our methodology by growing our own business over our 40 year history. We know it works because we've done it ourselves.

Learn more about our business accountants
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Business accountants you can trust

Choose a business accountant who is fully qualified and accredited.

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Connect with a business accountant

One of our business accountants can give you the foundation you need to grow your business.

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Frequently asked questions

When does a company have to be audited?

Companies and other organisations have an obligation to be audited under various circumstances. An audit of financial reports is a regulatory requirement for the following:

  • Large proprietary companies
  • Registered Schemes (Managed Investment Scheme)
  • Disclosing entity (A body that holds enhanced disclosure securities)
  • Medium-Sized Charities with annual revenue of more than $250,000
  • Large Charities with more than $1 million of annual revenue

Another factor that causes the need for an audit is if a company or charity receives a government grant. This is proof for the government that the figures for the financial reports are true and fair.

Should I have an internal business accountant?

First, you need to consider why you're hiring a business accountant over any other type of accountant.

  • If the reason is because the books are taking up too much of your time, then you probably need a bookkeeper rather than a business accountant.
  • If it is because you are having issues with cash flow and financial management, then you may need an internal or external business accountant.

Internally, business accountants are usually a major expense and are usually only employed in large-scale organisations. There can be some smaller businesses that may need an internal business accountant, however, this is fairly uncommon. We would recommend that you first assess whether the tasks could be better delegated, both internally and externally, before hiring a business accountant internally.

What's the best way to fund the purchase of an asset?

There are various equipment finance options, and choosing the right one will depend on your business circumstances:

  • Equipment loan
  • Hire purchase loan
  • Finance lease
  • Operating lease

Your business accountant can help you determine which type of loan is the best for your business.

Should I pay cash or borrow when buying an asset?

Most business accountant suggest that it is better to fund an asset purchase with cash if your cashflow allows. Paying cash will save you money on interest payments.

If you don't have the cashflow to support paying for the asset in full, then financing will be a better option.

Should I buy a vehicle in my business?

You can choose to purchase a vehicle in your personal name or your company.

Purchasing a vehicle in a business structure can be a tax effective strategy as you can claim all of the business-related expenses and depreciation through the business. However, you need to consider Fringe Benefits Tax, as any non-business use needs to be accounted for through a Fringe Benefits Tax reimbursement.

A business accountant can determine the best option tailored to your exact circumstances.

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