When your firm decides to outsource, choosing who to send the work to matters as much as the decision itself. Here are reasons to look at an Australian accounting firm, and what to check before you choose one.
The same rules
An Australian firm works under the same tax law, the same ATO practices and the same accounting standards as you. Income tax and GST are federal; payroll tax, land tax and stamp duty are set by each state, and an experienced firm knows the difference.
Registered and regulated
A registered tax agent is bound by the Tax Practitioners Board's Code of Professional Conduct, including its duties of confidentiality and competence. You can check any firm's registration on the TPB register, and its directors' memberships with CPA Australia or Chartered Accountants ANZ.
Capacity when you need it
You don't commit to a salary every week. You send work when you have it, and pay for the work done.
Skills you don't have in-house
Larger clients sometimes need skills your team doesn't have. Hiring takes time and advertising costs money. An outsourcing firm can fill the gap straight away.
Choose carefully
Not every firm is the same. Before you agree:
- check its registrations and professional indemnity insurance
- ask for a sample of its work
- agree the fees, the timing and how records will be sent
- make sure it will follow your firm's standards and never contact your clients
A good working relationship grows with time. Firms that work together steadily build trust and get better results.
See how we work with firms on our how we work page, or ask for a quote.