Medical Accounting for Healthcare Professionals in Kooyong
Meeting the distinct needs of medical professionals throughout Kooyong and beyond.
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.
That is why working closely with a financial advisor who is experienced and knowledgeable about the medical industry can be highly beneficial. Our medical accountants are well prepared when it comes to the financial needs of people who work in the healthcare sector. We provide a broad range of accounting services to medical practitioners to help our clients reach their target outcomes and these are tailored to meet your specific needs.
Experienced Medical Accountants for Healthcare Professionals Kooyong
{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.
With vast expertise in medical accounting, our director, Lawrie Carrozza, has been instrumental in supporting healthcare professionals. He contributed to the development of a tax and wealth education program for medical practitioners, which was first accredited by the Royal Australian College of General Practitioners (RACGP) and provided doctors with 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?
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.
Some factors we can help you with include:
- Developing the optimal tax structure, like family trusts, to enhance asset protection and financial security.
- Establishing a property trust to safeguard your assets.
- Navigating tax returns, deductions, and income distribution options tailored for contracting medical professionals.
- Optimising property and investment strategies for medical professionals.
- Assisting medical professionals in establishing their own self-managed superannuation fund and using this structure to accumulate 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:
- Growing your practice’s revenue stream through strategic internet marketing.
- Supporting your practice with expert doctor recruitment solutions.
- 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.
- Assessing the value of your practice or units to support a successful sale.
- Supporting you with strategies to maximise the worth of your medical practice.
- Assisting with setting up Xero bookkeeping system for your medical practice.
Why Choose Foresight Accounting as Your Medical Accountant in Kooyong
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 Kooyong:
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
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
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, Kooyong
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.