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realbalance ACCOUNTING

  • Our business is underpinned by our Quality Standard which has been developed using APS 320. This standard codifies the standard of work that is required by our consultants and the level of performance expected from our consultants. Whilst this is required for professional accountants no such standard exists for bookkeepers.
  • All engagements are supported by an Engagement Letter that clearly define the terms of the engagement;
  • All engagements are supported by a Confidentiality Agreement that protects the clients sensitive information, processes and procedures;
  • All engagements are documented in a Client Business Brief and Procedure Guide. This details the procedures involved in the clients engagement so that the client's work is not interrupted due to the unforeseen absence of their consultant, we simply provide another consultant for that period;
  • We can prepare client BAS and eliminate your need to supervise bookkeepers in the performance of their duties;
  • All Clients receive monthly financial reporting including monthly profit and loss and comparison to budget, profit and loss year to date, profit and loss for last 12 months, cash flow projection and other tailored reports as required;
  • External accountants receive the same monthly reports so as to maintain closer monitoring of client performance.

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monthly profit and loss and comparison to budget, profit and loss year to date

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