Management accounting and advisory

How we can help you

We offer a range of accounting and management advisory services including:

Accounting and taxation compliance

The provision of a range of accounting and taxation compliance services, including:

  • Preparation of annual accounts
  • Preparation of regular management accounts
  • Installation of computerised accounting systems
  • Completion of all tax compliance requirements leading on to comprehensive tax planning advice.

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Business finance

Asset funding

Advice on alternative methods of funding property, plant and equipment including, for appropriate assets, an analysis between outright purchase, finance lease, hire purchase and operating lease.

Facilities and sources of finance

Examination of the amount and sources of funds currently being used by a business compared with its current and future funding requirements.

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Business grants

The Ministry for Industry and Regional Development has three grants

  • Early Stage Venture Grants Programme
  • Strategic Investment Support Grants
  • Specialist Support Grants Programme

The web address for information about these is:

www.med.govt.nz/irdev/asst_prog/inddevinit/index.html

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Business planning

A business plan should reflect the strengths of the business and the abilities of the management, and as a working document it will be most effective if the management is closely involved in producing it. Any finance provider's lending decision will ultimately be based on an assessment of the quality of the management and the strength of the proposal.

Our business planning process involves analysing the business in its current state before deciding on where it is going. It is often in this area that management are too close to the everyday running of the business to be objective. Our facilitating approach directs the opinions into a positive strategy that will ensure the further growth and development of the business.

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Cashflow and profit projections

We can develop, or provide you with commentary on your business' cash flow and profit projections, including the development of appropriate sensitivity analyses.

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Company secretarial services

We provide a variety of company secretarial services ranging from routine recurring work to specialist advice.

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Going international

Through Grant Thornton International, an international network represented in over 100 countries world-wide, we can advise on all aspects of trading overseas.

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Management information and control systems

Services include:

  • Assisting management to develop appropriate management information systems
  • Design or review of internal control systems.

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Ownership issues

Advice relating to people issues arising in owner-managed businesses including:

  • Succession planning
  • Remuneration of outside management and family members
  • Dispute resolution (between shareholders, family members, owner and outside management, etc)
    shareholder agreements .

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Payroll services

We can provide a payroll service for weekly, fortnightly and monthly payroll cycles, including the production of monthly reports and payslips.

We can also provide up-to-date advice on labour related issues and statutory requirements.

Our services include:

  • Processing salaries and wages including: holiday pay, bonus payments, commissions, student loan payments, overtime, and any allowances.
  • Ensuring employees receive the correct pay - on time
  • Administration (or Tracking) of employee annual, sick and other leave
  • Preparation of schedules for statutory payments
  • Providing employees payslips, if requested
  • Providing detailed reports for accounting purposes, including tax reports, monthly returns, year end summaries, costing reports, and leave reports
  • Answering questions regarding pay and payroll queries.

We electronically transfer payroll’s into employee’s nominated bank accounts. The benefits to you are:

  • Funds are readily available on payday
  • The risk of lost or stolen cheques is reduced.

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Performance analysis

We can offer a review of a client's financial performance based on an interpretation of key ratios and trends, both in comparison to prior years and with major competitors.

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Remuneration consulting

Advice in connection with the overall remuneration packages provided to key employees including:

  • Tax efficient remuneration structures
  • Share option schemes
  • Bonus formulae
  • Non-cash benefits.

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Strategic planning

We provide proactive support to improve profitability and competitiveness. Our strategic planning process is aimed at organisations that are seeking to improve operational or financial performance and develop business strategies aimed at preserving and enhancing shareholder value.

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Superannuation schemes

Advice on either the establishment or ongoing running of superannuation schemes, drawing on the skills of specialist tax and superannuation staff.

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Valuation services

Our valuation services cater to a variety of situations, these include:

  • Transfer of shares to a trust
  • Matrimonial separations
  • Purchases and sales of businesses.

Our advisers draw from a depth of experience serving a diverse range of clients. They also work closely with Grant Thornton's tax specialists throughout the valuation process. This unparalleled level of expertise enables us to produce thoroughly researched, well-documented, supportable results and valuation reports - delivered in person, on time, and within budget.

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Your next step

For further information on how your local Grant Thornton firm can help you, please contact:

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