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 Elsternwick
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, brings extensive experience in medical accounting. He played a key role in developing a tax and wealth education program tailored for medical professionals. This program was initially accredited by the Royal Australian College of General Practitioners (RACGP), awarding doctors 40 CPD points for a one-day course.
In addition, Lawrie contributed to the development of an accredited tax and wealth creation course for the following organisations and has been a speaker and presenter 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?
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.
With extensive expertise in medical accounting, Foresight Accounting understands the specific taxation and financial challenges medical professionals encounter. Whether it’s tax returns, income tax laws, cash flow management, superannuation obligations, or client billing, our skilled team is equipped to provide the right financial solutions for you.
We can assist you with a range of financial matters, including:
- Establishing the right tax structure, including family trusts, to ensure maximum asset protection.
- Developing a tailored property trust for secure asset management.
- Exploring tax returns, deduction opportunities, and income distribution methods for contracting medical professionals.
- Making the most of property and investment opportunities for medical professionals.
- Supporting medical professionals in creating a self-managed superannuation fund and utilising it to grow a robust 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:
- The practice fee base growth and internet marketing.
- Helping you find and recruit the right doctors for your practice.
- Helping you access funding to purchase a practice or ownership shares in one.
- Offering expert guidance on the valuation of a practice or practice units you intend to purchase.
- Providing expert valuation services for your practice or practice units before 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 Elsternwick
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 Elsternwick:
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
Successful financial planning and management call for customised advice and strategic action. We focus on your unique goals and partner with you to help you reach your financial objectives.
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
Your financial future should be built on transparency, not hidden fees or unexpected commitments. That’s why we offer a free, no-obligation consultation and fixed fees, ensuring you have complete clarity on all advice and financial products.
Plan with Foresight: Your Medical Accountant, Elsternwick
Every medical professional deserves reliable and comprehensive financial guidance. From tax returns for your medical practice to structuring your business for success and managing your personal finances, Foresight Accounting is here to support you every step of the way.
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!