Safeguard and Grow Your Medical Business
Handling your own financial management as both a medical professional and business owner can be an overwhelming task. Without expert guidance, you may risk missing critical strategies that optimise your financial future—like lodging tax returns on time, maximising salary packaging, navigating intricate financial statements and tax regulations, and staying on track with 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 Caulfield
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.
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?
No matter if you're just starting your medical career, have spent over a decade in the field, or now own a medical clinic or practice, having a knowledgeable and approachable team of medical accountants can greatly benefit your personal finances and business growth. Our advice is built on current industry insights and extensive experience, ensuring you receive clear, stress-free financial guidance.
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.
Areas where we can provide support include:
- Developing the optimal tax structure, like family trusts, to enhance asset protection and financial security.
- Setting up a property trust to enhance asset protection.
- Navigating tax returns, deductions, and income distribution options tailored for contracting medical professionals.
- Making the most of property and investment opportunities 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:
- The practice fee base growth and internet marketing.
- Doctor recruitment for your practice.
- Securing financing to acquire your own practice or invest in a practice.
- Providing advice on the value of the practice or units in a practice you are buying.
- Undertaking valuation of the practice or the units you are selling.
- Guiding you on how to maximise the value of your medical practice.
- Providing expert advice on enhancing the value of your medical practice.
- Assisting with setting up Xero bookkeeping system for your medical practice.
Why Choose Foresight Accounting as Your Medical Accountant in Caulfield
With a passion for helping medical professionals, we ensure you receive expert financial support, freeing you to focus on what matters most—your patients. Here’s why Foresight is the medical accountant you can trust in Caulfield:
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
From start to finish, we’re here to help you take control of your financial future. With a deep understanding of business accounting and the medical industry, we provide high-level financial guidance, ensuring every opportunity is explored.
Open Communication
When it comes to investing in your future, you do not deserve surprise fees or unexpected commitments. We provide our clients with a free, no obligation consultation and fixed fees so that you understand clearly what will be involved with all advice and financial products.
Plan with Foresight: Your Medical Accountant, Caulfield
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!