Providing Accounting in Emerald
Hassle-Free, Efficient Accounting Services
Peter Maundrell & Company provides a complete range of accounting services in Emerald, supporting individuals and businesses with tailored financial solutions. Whether you need bookkeeping, financial reporting, or tax compliance, our services are structured to suit your specific needs. We handle everything from day-to-day financial management to long-term business planning, ensuring your records are accurate and up to date.
Our accountants assist with business structuring, helping you choose the right setup for tax efficiency and operational success. We also prepare financial statements, management reports, and documentation required for bank loans or investment opportunities. BAS lodgement, cash flow forecasting, and budgeting support are all part of our comprehensive accounting services. With a focus on clarity and compliance, we simplify financial management so you can focus on your business.
We work closely with clients to deliver accounting solutions that fit their goals. Call us on (07) 4987 7757 to discuss how we can assist with your financial needs.
Tailored Accounting Solutions
Our services are customised to suit your individual or business needs, ensuring financial management aligns with your specific goals.
Comprehensive Business Support
Beyond standard accounting, our assistance includes business structuring, financial reporting, and loan documentation preparation.
Clear & Practical Guidance
Complex financial matters are broken down into straightforward insights, making it easier to manage tax, compliance, and cash flow.
Frequently Asked Questions
What is the difference between bookkeeping and accounting?
Bookkeeping involves recording daily financial transactions, such as sales, purchases, and expenses. Accounting goes further by interpreting, analysing, and summarising this data into financial reports. It also includes tax preparation, compliance, and business planning. While bookkeeping ensures records are accurate and up to date, accounting helps make informed financial decisions and meet legal obligations.
How often should financial statements be prepared?
Financial statements should be prepared monthly, quarterly, or annually, depending on business needs and reporting requirements. Regular statements help track cash flow, monitor profitability, and ensure compliance with tax regulations. Monthly reports offer ongoing financial insights, while annual statements provide a complete overview for tax returns and business planning. Businesses seeking financing or investment may require more frequent reporting to meet lender or stakeholder expectations.
Why is business structuring important for accounting?
Business structure impacts tax obligations, liability, and financial reporting. Choosing between a sole trader, partnership, trust, or company setup affects legal responsibilities, asset protection, and compliance requirements. The right structure can optimise tax efficiency, simplify financial management, and provide flexibility for future growth. Reviewing structure regularly ensures it aligns with changing business needs and regulations.
Accounting Services We Offer
At Peter Maundrell & Company, we assist with:
- Company, trust & partnership set-ups
- Cash flow forecasting
- Business plans & due diligence
- Financial statement preparation
- BAS preparation & lodgement
- Business valuation
- Bookkeeping
We will listen carefully to your requirement and explain your options in a clear, straightforward manner.
Contact us to arrange a consultation for accounting services today. We’re happy to discuss the most cost-effective accounting solution for your individual or business needs. In addition to Cairns, we personally attend to clients located in the Central Highlands and surrounds, including in Clermont and Springsure.
