20150630180601 taxes money finance cash startup funds market stats graph - Statewide Business Accounting Services in Australia

Having difficulty in finding top accounting firms in Australia? The given list by Statewide Business Accounting is prepared in order to help you with finding online accounting service providers in Australia.

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Overview of Accounting Firms in Australia

Australia has its own three recognized professional accounting bodies that decide Australian accounting firms’ accounting rules and regulations. These three bodies are the Institute of Public Accountants (IPA), CPA Australia, and the Institute of Chartered Accountants of Australia (ICAA).

The Big Four Accounting Firms in Australia comprise the major part of the accounting market. The services provided by the accounting firm in Australia primarily relate to the following –

Audit and Assurance- The firm executes thorough and independent audits to reach the root cause of the accounting issues. It provides an effective solution to the problem to help the clients meet compliance.
Tax- The tax service provides helping startups to set up business taxes and regulate employment tax issues. Moreover, it helps clients in various tax aspects like navigating GST and indirect taxes and other tax concessions.
Financial Advisory- The accounting firm of Australia helps its clients provide corporate finance, restructuring consulting, and forensic advisory services with the help of their expert professionals. The clients are provided with a plethora of services. At the same time, they undergo mergers and acquisitions, which include determining the capital structure by valuing the target companies and helping in raising debt and equity from the capital markets. It helps aid in smoothening the working capital requirements for their clients, unlocking tied cash requirements.
Consulting- The accounting firms provide consulting services for various aspects of strategies to the clients, including managing business risk, regulating human capital, helping in performance improvement, advising for executing effective strategy and growth, and providing technical advisory services.

Top 8 Accounting Firms in Australia

Accounting is not about recording transactions, but it involves advisory functions performed by best accounting companies in Australia. Along with the fundamental process of accounting, these companies play an important role in acting as the best financial advisors that ease the decision-making process. The below-listed companies are reliable in every aspect and are gauged on crucial factors and parameters so that you do not have to think twice before selecting one.

1. PwC

One of the largest accounting firms in Australia, PwC has a presence all over the world. Greater Western Sydney, Brisbane, Melbourne, Adelaide, Canberra, Gold Coast, Perth, and Newcastle are among the locations where PwC Australia maintains offices. 500 partners and about 5,800 workers work there. PwC Australia generated revenues of approximately $1.92 billion in 2016, according to reports. Being good, brave, and a part of it are the firm’s three guiding principles for being competitive in today’s fast-paced society and the accounting industry. The company also hopes to address the problems of the future by staying in touch, listening, and talking.

Cost: $100 – $149/hr
Employees: 10000+
Started: 1998
Location: Sydney, Australia

2. KPMG Australia

Another elite accounting firm is this one. Concentrating on the procedures and honesty of the formal audit report in Australia. Quality is the firm’s first priority, and that is something that cannot be compromised for this accounting firm. Under Duncan McLennan’s direction, KPMG Australia generated revenues of $1.37 billion for the 2016 fiscal year. McLennan serves as the firm’s national managing partner. The audit’s quality and how the right opinion is arrived at, rather than just arriving at the right opinion, are the major areas of focus for the accounting company.

Cost: $100 – $149/hr
Employees: 10000+
Started: 1987
Location: Brisbane, Australia

3. Deloitte Australia

The major goal of this accounting firm is to leave a meaningful impression and bring about long-lasting change. The company constantly invests in innovation, technology, skilled workers, and growth through acquisitions and alliances in order to stay ahead of the competition. It has offices in Papua New Guinea and Timor-Leste, 700 partners, and close to 7000 employees. In the 2017 fiscal year, it achieved record revenues of A$1.76 billion.

Cost: $100 – $149/hr
Employees: 10000+
Started: 1895
Location: Sydney, Australia

4. Statewide Business Accounting

Statewide Business Accounting specialize in business accountancy services for businesses of all size, structure and industries. With over 30 years’ experience, our expert staff can help you to set up, manage, report and meet compliance requirements.

We are certified practicing accountants (CPA) and have been servicing the Brisbane inner south suburbs of Coorparoo, East Brisbane, Norman Park, Morningside, Cannon Hill, Camp Hill, Carina, Holland Park, Annerley and Greenslopes areas for over 30 years.

Services we provide:

5. Pitcher Partners

With 45 partners and more than 600 professionals and support employees, Pitcher Partners Melbourne is a reputable accounting firm. They specialize in offering services to family-run small enterprises, the public sector, and other industries.

Cost: $100 – $149/hr
Employees: 250 – 999
Started: 1991
Location: Melbourne, Australia

6. BDO Melbourne

The center of Melbourne is home to BDO Melbourne, another prestigious accounting business in Australia. For example, it has specialists in tax, audit, corporate finance, risk advisory, transfer pricing, business restructuring, and business services. Additionally, this accounting firm offers its clients complete business and corporate advising services.

Cost: $50 – $99/hr
Employees: 1,000 – 9,999
Started: 1910
Location: Sydney, Australia

7. Grant Thornton Australia

One of the top independent assurance, tax, and advice accounting firms in the world is this one. They offer auditing, tax preparation, financial consulting, and advising services. This company offers practical guidance on all facets of sustainable growth plans. They also help companies comply with rules and regulations for strengthening business plans and internal operations.

Cost: $50 – $99/hr
Employees: 10000+
Started: 1924
Location: Sydney, Australia

8. Ernst & Young Australia

This accounting firm in Australia comes in the top ten list of accounting firms. This company focuses on offering all of its clients premium audit services that are unbiased and ethical. Ernst & Young Australia commits to building a better working environment with the help of enhanced trust and confidence in business, sustainable growth, development of existing talent, and greater collaboration. As per Ernst & Young Australia’s transparency report, the firm had reported revenue of $1.48 billion in the Fiscal year 2016, whereas its previous year’s revenue was $1.28 billion.

Cost: < $25/hr
Employees: 10000+
Started: 1989
Location: Brisbane, Australia

Best Accounting Firm in Australia for Small Businesses

Starting a business and choosing the right accounting firm for your small business can be hard, but it doesn’t have to be if you have the right advice. Statewide Business Accounting specialize in business accountancy services for businesses of all size, structure and industries. With over 30 years’ experience, our expert staff can help you to set up, manage, report and meet compliance requirements.