Medical Accounting for Healthcare Professionals in Camberwell

Supporting the unique needs of medical professionals in Camberwell and surrounds.

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.

Having a financial advisor with expertise in the medical industry can make all the difference. Our team of medical accountants is well-versed in the specific financial needs of healthcare professionals. We provide a wide range of tailored accounting services designed to help medical practitioners achieve their desired financial outcomes.

Experienced Medical Accountants for Healthcare Professionals Camberwell

{Medical practitioners do amazing work in our community. We are passionate about helping all those who work in the medical industry to reach their Medical practitioners do amazing work in our community. We are passionate about helping all those who work in the medical industry to reach their financial aspirations. That is why we deliver sound advice as your trusted professional accountant, covering many areas of medical accounting.

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:

1. RACGP – Royal Australian College of General Practitioners
2. ADIA – Australia Dental Institute Association
3. AAPM – Australian association of Practice Management
4. ACRRM – Australian College of Rural & Remote Medicine

How Can Medical Accounting Services Help?

Whether you are beginning your medical career, have been working in the medical field for over a decade, or have acquired your own medical clinic or medical practice, having access to an experienced and friendly team of medical accountants can do wonders for your personal finances and/or your business growth. Our financial advice is based on relevant, up-to-date knowledge and requirements alongside years of experience to deliver stress free guidance to put you on the right track.

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.

Some factors we can help you with include:

• Structuring your tax setup correctly, such as utilising family trusts, to safeguard your assets effectively.
• Creating your own property trust for asset protection.
• Understanding tax returns, tax deductions, and income distribution options available to contracting medical professionals.
• Helping medical professionals capitalise on property and investment opportunities.
• 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:

• 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.
• Assessing the value of your practice or units to support a successful sale.
• Guiding you on how to maximise the value of your medical practice.
• Medical practice benchmarks.
• Helping you implement and optimise the Xero bookkeeping system 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.