Safeguard and Grow Your Medical Business
Juggling financial management as a medical professional and business owner can be incredibly challenging. Without the right approach, you might overlook essential strategies that safeguard your financial future, potentially leading to late tax returns, missed salary packaging benefits, confusion over financial statements and tax laws, and setbacks in reaching your financial goals.
This is why partnering with a financial advisor who understands the unique challenges of the medical industry can be incredibly valuable. Our specialised medical accountants have in-depth expertise in the financial needs of healthcare professionals. We offer a comprehensive range of accounting services tailored to help medical practitioners achieve their financial goals.
Experienced Medical Accountants for Healthcare Professionals Camberwell
Healthcare professionals play a vital role in our community. We are dedicated to helping those in the medical field reach their financial aspirations. That’s why we offer reliable, expert guidance in all areas of medical accounting.
Our director, Lawrie Carrozza, has a wealth of experience in providing medical accounting support. He assisted in creating a tax and wealth education program for medical professionals. This was first accredited with the Royal Australian College of General Practitioners (RACGP), earning doctors 40 CPD points for a one day course.
Lawrie also played a key role in designing an accredited course on tax and wealth creation for the following organisations and has been a speaker and presenter for them for close to three years:
- RACGP – Royal Australian College of General Practitioners
- ADIA – Australia Dental Institute Association
- AAPM – Australian association of Practice Management
- ACRRM – Australian College of Rural & Remote Medicine
How Can Medical Accounting Services Help?
Whether you're a newly qualified medical professional, an experienced practitioner with years in the field, or the owner of a medical clinic, having a trusted team of medical accountants can make a significant difference to both your personal and business finances. With up-to-date expertise and years of experience, we provide tailored financial guidance designed to keep you on the right path with confidence.
Foresight Accounting deeply understands medical professional accounting and taxation issues. We know the difficulties and the goals medical professionals can have. From tax returns, tax laws and income tax, to cash flow, superannuation obligations and client billing, there are many areas in which our experienced team and financial services can help you.
Here are some key areas where we can offer our expertise:
- Creating the correct tax structure, such as family trusts for maximum asset protection.
- Creating your own property trust for asset protection.
- Understanding tax returns, tax deductions, and income distribution options available to contracting medical professionals.
- Optimising property and investment strategies for medical professionals.
- Guiding medical professionals through the setup of a self-managed superannuation fund to strategically develop a solid property investment portfolio.
Financial Services for Medical, Dental and Other Medical Services
Accounting services for medical practices must be tailored to the unique needs of the healthcare industry. Foresight provides expert support for clinics and practices in the following areas:
- Expanding your practice’s fee base and leveraging internet marketing.
- Helping you find and recruit the right doctors for your practice.
- Arranging finance solutions for buying a practice or acquiring equity in an existing one.
- Helping you assess the true value of a practice or units in a practice before you buy.
- Undertaking valuation of the practice or the units you are selling.
- Guiding you on how to maximise the value of your medical practice.
- Supporting you with strategies to maximise the worth of your medical practice.
- Providing expert support in setting up Xero bookkeeping for your medical practice.
Why Choose Foresight Accounting as Your Medical Accountant in Camberwell
As passionate medical accountants, we strive to be extremely helpful in every way possible so that you can devote yourself to patient care and place your own expertise into the area you are dedicated to. We believe you should place your trust in Foresight as your medical accountant - Camberwell for the following reasons:
If you're looking for expert accounting advice closer to your area, we also provide medical accounting services across a range of suburbs in and around Melbourne.
Personalised Advice
Financial planning and management are areas that require tailored guidance and action. We consider your goals and needs and work alongside you to help you reach your target outcomes.
We Go the Extra Mile
Our team is with you during the whole process of getting your financial future on track. With our comprehensive business accounting knowledge and understanding of the medical industry, we deliver financial advice of a high standard to all our clients, making sure no stone goes unturned.
Open Communication
Financial planning should be straightforward, without unexpected fees or commitments. We provide a free, no-obligation consultation and fixed fees, giving you clear insights into all financial advice and services upfront.
Plan with Foresight: Your Medical Accountant, Camberwell
Every medical doctor and other medical professionals deserve sound, comprehensive financial advice. Whether you require guidance to prepare tax returns for your medical facility, assistance in developing the most suitable tax structure for your medical business, or advice regarding personal finances and goals, Foresight Accounting is here for you.
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!