Accounting & Business Advice

We are a fully equipped accounting practice available to assist with all your business needs.  We can advise and assist across all accounting systems and processes. We can help you monitor and analyse your business, effect change, expand or shrink your business, plan for succession and help you get the most from your business, both financially and personally.

We focus on working closely with clients to achieve ongoing success in your business and growth in your private wealth.  Providing a comprehensive range of accounting, audit, tax and advisory services, Chapell & Associates take a tailored approach to each client's needs.

We have a talented team of people specialising in a variety of software’s and analysis tools, across a variety of industries. No matter the business our focus is on the owners.

In addition to the preparation of financial statements for annual reporting, Chapell & Associates also prepares ad hoc financial statements required for other purposes, such as bank obligations, financing requirements, or business sale.

Buying a business, or thinking of expanding, we are here to help you consider all of the pro’s and con’s of your plans as well as provide you sound financial advice regarding the purchase, and forecast models to help your decision making. We can even perform due diligence audits before the purchase.

Business Structuring

It is advisable to set up your business in the correct structure, be it a company, trust, partnership or sole trader.

Having to restructure a business down the track can be time-consuming and costly. The correct business structure from the start will provide you with appropriate asset protection, tax-effective profit distribution, room for growth, and value for cost.

Here at Chapell & Associates we take into account your personal and business circumstances, your aspirations and provide advice on the most suitable structure for your needs.

We also work closely with trusted solicitors to prepare legal documentation such as trust deeds, partnership agreements and shareholder agreements.

Succession Planning & Exit Strategy

Your business is often one of your biggest, if not your biggest asset. Many people fail to protect the asset for future occurrences – leaving or selling the business due to illness, retiring, or handing over the business to future generations.

It is never too early to set in place a plan, as the plan often involves setting up structures for future transfer of assets, or progressive transfers to minimise the tax impact.

We like to think ahead to consider your future at the same time as dealing with your present requirements. Let us help guide you to your goals.

Accounting Software

We work with all leading accounting software providers in the market, including:

• MYOB
• Xero
• Reckon / Quickbooks
• BGL CAS 360

Working with multiple providers allows Chapell & Associates to recommend the most appropriate accounting solution, be it desktop or cloud based, for you or your business.

Via our accreditation with these providers, you will also receive a discount on your subscriptions, compared to if you subscribed directly with them.