( +61 ) 07 5556 3300 info@wmssolutions.com.au

Business Services

Business Services

As an established accounting firm it is a given that we can prepare compliance tasks such as Financial Statements, Tax Returns and Business Activity Statements as well as any of our peers.

What differentiates us is that we take the time to truly understand your specific circumstances and tailor solutions to meet your objectives.

Cloud technology and advances in accounting software has created a lot of opportunity for increased efficiency in processing and accessing financial data. Being on top of industry trends allows us to spend more valuable time with you.

Our expertise in this area includes but is not limited to:

AASB 3 ‘Business Combinations’ –We assist in preparing the Purchase Price Allocation;
AASB 136 ‘Impairment of Assets’ and AASB 138 ‘Intangible Assets’ – In accordance with these standards annual impairment testing is required. We assist clients in preparing valuation models to test for impairment; and
AASB 2 ‘Share-Based Payments’ – We assist in the valuation of employee and executive share options.
Companies are facing increasing scrutiny to ensure that their internal controls and corporate governance aspects are water tight.

At WMS we offer a range of services to give Directors additional comfort over their internal controls and corporate governance aspects:

We provide company secretarial advice to board members on how the Directors can properly discharge of their fiduciary and common law duties.

We act as an adviser to various boards to provide that in-depth and independent insight.

We bring to the table the benefit of hands on experience by having a number of our partners act as Directors of public and client private companies.

These services ensure there is no complacency and that board members maintain the right level of scepticism to discharge their obligations.

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