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What is the purpose of an accounting system? Its primary purpose is to provide your Club with information that helps it's management team to manage the Club better. A subsidiary purpose is to help you prepare financial statements, complete your tax returns and so forth.
Accounting information should be reviewed regularly. For most businesses, this means at least monthly. If your team is not doing this, you are not obtaining the benefits that your accounting system can provide.
For our Club clients, Club Accounting & Tax is committed to helping them have an accounting system that gives timely and valuable information to the business owner.
We can also advise you on the most appropriate accounting system for your business. This includes giving recommendations and commentary on existing accounting software packages.
- Monthly / Quarterly ‘Dashboard’ reporting to committees including key performance indicator analysis
- Identification of trading trends and formulating strategies
- Consulting / feasibility studies for Club redevelopments
- Cashflow / Profit & Loss forecasts, banking finance submissions
- Committee reporting & board meetings attendances
- Salary packaging
- Annual report preparation
- Your part time Chief Financial Officer
Assurance
- Statutory audits
- Community benefit statement audits
- Compliance audits (e.g. management reviews, system audits
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