Safeguard and Grow Your Medical Business
Taking on your own financial management as a medical professional and business owner can prove to be the ultimate juggling act. It may also mean you might overlook the most useful strategies to ensure your best financial future possible, which could lead to issues such as skipping timely tax returns, not getting the most out of salary packaging, becoming overwhelmed by financial statements and tax laws, and failing to meet your financial goals.
Working with a financial advisor who specialises in the medical industry can be a game-changer. Our medical accountants have the experience and knowledge needed to support healthcare professionals with their financial management. We offer customised accounting services to help medical practitioners reach their financial goals with confidence.
Experienced Medical Accountants for Healthcare Professionals Prahran
Medical practitioners contribute so much to our community, and we are passionate about helping them secure their financial future. As experienced medical accountants, we provide tailored advice to support financial success in the healthcare industry.
Lawrie Carrozza, our director, has extensive experience in medical accounting. He was actively involved in designing a specialised tax and wealth education program for medical professionals. This program was first accredited by the Royal Australian College of General Practitioners (RACGP), allowing doctors to earn 40 CPD points in a single-day course.
Lawrie also worked to develop a tax and wealth creation accredited course for the following bodies and has been a presenter and a speaker for them for nearly 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?
From early-career medical professionals to seasoned practitioners and medical clinic owners, the right financial support can make all the difference. Our team of expert medical accountants offers personalised advice based on the latest industry knowledge and years of experience, helping you manage your finances and grow your business with ease.
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.
Areas where we can provide support include:
- Structuring your tax setup correctly, such as utilising family trusts, to safeguard your assets effectively.
- Creating your own property trust for asset protection.
- Navigating tax returns, deductions, and income distribution options tailored for contracting medical professionals.
- Helping medical professionals capitalise on property and investment opportunities.
- Helping medical professionals set up their own self-managed superannuation fund and leverage it to build a strong property investment portfolio.
Financial Services for Medical, Dental and Other Medical Services
Medical practices require specialised accounting services designed for the healthcare sector. Foresight offers tailored financial solutions to help clinics and practices with:
- The practice fee base growth and 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.
- Providing professional valuation advice for the practice or practice units you are looking to acquire.
- Undertaking valuation of the practice or the units you are selling.
- Guiding you on how to maximise the value of your medical practice.
- Helping you unlock the full potential and value 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 Prahran
We are committed medical accountants who go above and beyond to support you, so you can concentrate on delivering the best possible care to your patients. Here’s why Foresight is the right choice as your medical accountant in Prahran:
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
We support you every step of the way in securing your financial future. With our in-depth expertise in business accounting and a strong understanding of the medical industry, we provide high-quality financial advice, ensuring every detail is covered.
Open Communication
Investing in your future should come with certainty, not surprise costs or unclear terms. We offer a free, no-obligation consultation and fixed fees, so you always know exactly what to expect from our advice and financial services.
Plan with Foresight: Your Medical Accountant, Prahran
Sound financial advice is essential for every medical doctor and healthcare professional. Whether you need help with tax returns for your clinic, structuring your medical business efficiently, or planning your personal financial future, Foresight Accounting is here to assist.
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!