Our Services

Accru Asia provides a full range of assurance, business advisory, tax and accounting services. With trusted advisors throughout the Asia Pacific, we can provide a total support system to help you manage your business operations throughout Asia. Take a look at how we can help you below.

 

Accounting

For many overseas companies in Australia, transferring their accounting function to outsourcers with superior software, expertise and manpower often delivers better results at a lower cost.

Setting up an in-house accounting department requires an investment in space, software and skilled staff, keeping up with the latest regulations and juggling holidays with busy periods. A simple transfer of this work can add up to a lot of benefits, particularly for overseas subsidiaries who are often small and fast-growing.

Accru can perform your bookkeeping, monthly reporting and compliance tasks, leaving you free to focus on your business. Our Outsourced Accounting division customises the right solutions for each client so they derive maximum value. Once we have defined our clients’ outsourcing needs, appropriate software and procedures are put in place to ensure maximum efficiency in the flow of information.

We understand that providing accurate, time sensitive and useful information to clients is especially important when worksites in regional and remote locations need to be consolidated for management.

Accru can also provide your business with ‘CFO’ level expertise that allows you to access the higher level skills to develop achievable strategic plans, make informed financial management decisions, identify issues and improve efficiencies – without the cost of hiring a full-time person.  We have been offering outsourced CFO services to overseas clients for 20 years, and have become an integral part of their business model.

Many of our overseas clients have adopted our outsourcing services to:

  • Reduce reporting and compliance costs
  • Access cutting edge financial technology
  • Gain knowledge not available in-house
  • Successfully manage capacity fluctuations
  • Reduce the burden of business regulation
  • Increase revenue through improved resource utilisation and more focus on core business goals.

Audit and assurance

Our audit and assurance services can help you to stay on top of the complex regulatory and stakeholder demands that come with cross-border operations.

Accru Asia’s audit and assurance specialists provide constructive, impartial advice to management and audit committees, as well as transparent information for stakeholders and investors. Their knowledge of international reporting requirements is outstanding, so you can be confident of compliance with current regulatory requirements and local and international accounting standards.

A key difference between Accru audits and those of very large firms is the high level of partner involvement and personal service we bring to each engagement. Our audits are partner-led and supported by qualified and experienced team members with excellent technical skills.

Our assurance services include internal and external audits or reviews, due diligence and specialist advice to public and private entities.

We assist hundreds of companies operating internationally with:

  • External Audit of financial reports according to local GAAP, IAS/IFRS and international GAAP
  • Financial statements to meet general purpose financial reporting needs or ASX requirements
  • Corporate registers and statutory requirements
  • Feedback on internal controls

We also specialise in

  • Due diligence on business sales, purchases and mergers
  • Data analytics to detect and prevent fraud, particularly through fraudulent expense reimbursements, billing and payroll schemes.

See our article on Audit – an underexploited asset for overseas subsidiaries to find out how you can get more out of your audit.

Business advisory

Home to some of the world’s fastest growing economies, the Asia Pacific has enormous potential, both for multinationals and local companies seeking to expand regionally or globally.  To realize that potential, companies must choose the right growth strategies and ensure they remain competitive and future-proof.

Our business advisory team is focused on helping you to achieve business success in the region’s increasingly competitive marketplace.  We can help you structure and position your business to best advantage, help you build its value, manage risk and increase the effectiveness of your key business operations.  We can work closely with you to identify growth pathways that maximise profit and efficiency and support your growth aspirations.

Our business and corporate advisory services include:

  • Advice on sale and acquisition of businesses
  • Business valuations
  • Management reporting
  • Cash flow analysis
  • Budget variance analysis
  • Business sector performance
  • Benchmarking
  • Return on Investment reporting

To find out more about how we can improve profitability and growth, see our Business Boost+ service and case study.

Business Boost+ growth service

To increase revenue and boost profits in the Asia Pacific region, a company often needs to make fast, intelligent decisions, ideally based on sound financial data, not guesswork.

The challenge for many businesses is that they don’t have the financial data in a form they can use to run their business or, if they do, don’t have the expertise or time to analyse it. Our Business Boost+ service is designed to address this, especially for companies operating in multiple countries and currencies.

Our Business Boost+ advisors use sophisticated business intelligence software to condense complex financial data into meaningful reports tracking measures relevant to your business – from KPIs on specific product lines, departments or locations, to an overall view of your company’s position. Numbers reported by different locations, systems, applications and currencies can be accurately integrated into custom reports, giving you an accurate financial picture of your business – globally or regionally.

Our specialist advisors will analyse the results, discuss the business implications with you and help devise an action plan to improve your company’s performance.

If you are seeking answers to these kinds of questions, Business Boost+ can help

  • Who are my most profitable customers?
  • Where are the trouble spots in my business?
  • Which products should I discontinue and which should I focus on?
  • Which market segments or locations should I invest in?
  • Do I need to adjust pricing or inventory levels?
  • Where can costs be cut?

 Business Boost+ has been known to pay for itself by simply identifying areas for cost savings. On top of that, insights should lead to optimal profits, sales and growth. See our business boost case study to find out more about how it could help your Asia Pacific business.

Mergers, acquisitions & sales

We can assist you with any merger, acquisition or capital raising both locally and internationally.

Accru Asia has completed numerous million dollar transactions for local and international clients, working closely with management and lawyers and taking care of the financial detail so directors can spend more time focusing on the transaction’s value drivers.

Our team also specialises in business valuations for international business sales or purchases.

We are familiar with business values in many import/export industries and use the most appropriate methodologies and the latest software to assess all aspects of the business such as financial performance, risk and value drivers, and assets used to run the business.

We can complete all the necessary steps of a transaction including:

  • Getting the business structure right
  • Due diligence
  • Coordinating with all parties involved in the transaction
  • Reviewing legal documentation to ensure that it properly encapsulates the parameters of the transaction
  • Managing tax liabilities and ensuring that tax concessions are optimised where available
  • Making sure your objectives are realised.

Superannuation & Retirement Planning

If you are living and working overseas, you will be faced with making decisions about your superannuation. What is the best way to manage your superannuation and should your investments be offshore or in Australia? The optimal answer will probably depend on your personal circumstances, such as your age and your current host country tax environment.
Recent changes to Australian superannuation have made it an attractive investment, but it also means that it is imperative to plan long term so you can make full use of your superannuation entitlements.

Our superannuation advisors can assist with common questions such as:

  • What are the contribution limits and tax treatments?
  • Is my employer paying enough superannuation for me?
  • What are the restrictions that relate to accessing my super?
  • Is an SMSF (Self-Managed Super Fund) the best option for me?
  • How does receiving benefits or a pension from a super fund work?
  • What about estate planning?

Our services cover:

Tax compliance

Whether you are a business or an individual, Accru Asia’s tax experts can help ensure your compliance with local and international tax regulatory requirements and protect your personal wealth.

With dedicated compliance professionals across the Asia Pacific, we can match our team to your needs, simple or complex. Our team has the knowledge to deal with all tax obligations arising from your Asia Pacific business or personal affairs in an efficient, expedient manner. Our processes and technology ensure we manage your tax burden efficiently, as well as optimise your tax position.

We provide all the tax compliance services you would expect from a firm of our size, including:

  • Preparation of tax returns for individuals, partnerships, trusts, companies and superannuation funds
  • Business and Installment Activity Statements
  • Reviewing and advising on all Tax Office correspondence
  • Ensuring that your overall tax position is optimised

International tax advisory

The Asia Pacific tax landscape has changed dramatically with international profit shifting now firmly in focus. Tax authorities are adapting their compliance strategies and policies in response to the digital economy and globalisation of business, while companies need to ensure both their compliance and a healthy bottom line.

Our advisers can help you understand the potential tax impacts of major business decisions and advise on tax efficient options in the current regulatory environment. We’ll help you identify and manage tax risks before they become a problem, maximise opportunities, minimise tax exposure and ensure compliance with all ATO requirements.

Accru Asia specialise in international tax arrangements for a range of countries throughout Asia, Europe and North America. We have been providing international taxation advice for the Australian operations of large global companies for decades.

Our extensive experience in transfer pricing reviews enables us to resolve complex issues which have resulted in significant benefits for clients. We successfully negotiated the first small business Agreed Pricing Agreement with the Small Business Australian Taxation Office team.

We are also experts in obtaining GST registrations for foreign companies selling goods and services into Australia not through a permanent establishment.

Our international tax services include:

  • Transfer Pricing Manual preparation and advice
  • Inbound/outbound business structuring
  • Advising on capitalising, withholding tax, double tax agreement implications
  • Issues of permanent establishments
  • Applications of GST to international arrangements
  • Inpat/expat tax effective salary arrangements

Wealth Management

Australia’s banking and financial system is one of the strongest and most resilient in the world. It has many advantages for Asia-Pacific investors looking to consolidate their portfolios and grow their wealth.

While highly regulated and transparent, the Australian financial sector offers sophisticated trading vehicles enabling investments in a wide variety of stocks, bonds and other asset classes, such as gold – anywhere in the world.

Building on these advantages, Accru’s wealth management specialists can provide Asia-Pacific clients with a holistic plan that considers all aspects of their financial affairs, from a correctly allocated portfolio of stocks or bonds, to tax and asset protection.

As qualified accountants, their skills and strategies cover investments, risk insurance, taxes, estates, retirement, cash, trusts and wills. They will work with you to understand your situation and goals then put together the best combination of strategies to achieve your desired outcomes.

Our specialists keep continually up-to-date with economic, regulatory and tax developments in Australia, the Asia Pacific and globally, to make sure your financial plan reflects the current market and regulatory environment.

Our wealth services for private clients include:

  • Wealth creation strategies, including gearing
  • Retirement planning. incorporating all forms of income streams
  • Estate planning
  • Investment planning
  • Personal and corporate superannuation planning and administration
  • Self-Managed Super Funds (SMSFs)
  • On-going portfolio management
  • Fixed interest and managed investments
  • Tax planning strategies
  • Wealth protection products and strategies
  • Succession Planning.

+ Accounting

Accounting

For many overseas companies in Australia, transferring their accounting function to outsourcers with superior software, expertise and manpower often delivers better results at a lower cost.

Setting up an in-house accounting department requires an investment in space, software and skilled staff, keeping up with the latest regulations and juggling holidays with busy periods. A simple transfer of this work can add up to a lot of benefits, particularly for overseas subsidiaries who are often small and fast-growing.

Accru can perform your bookkeeping, monthly reporting and compliance tasks, leaving you free to focus on your business. Our Outsourced Accounting division customises the right solutions for each client so they derive maximum value. Once we have defined our clients’ outsourcing needs, appropriate software and procedures are put in place to ensure maximum efficiency in the flow of information.

We understand that providing accurate, time sensitive and useful information to clients is especially important when worksites in regional and remote locations need to be consolidated for management.

Accru can also provide your business with ‘CFO’ level expertise that allows you to access the higher level skills to develop achievable strategic plans, make informed financial management decisions, identify issues and improve efficiencies – without the cost of hiring a full-time person.  We have been offering outsourced CFO services to overseas clients for 20 years, and have become an integral part of their business model.

Many of our overseas clients have adopted our outsourcing services to:

  • Reduce reporting and compliance costs
  • Access cutting edge financial technology
  • Gain knowledge not available in-house
  • Successfully manage capacity fluctuations
  • Reduce the burden of business regulation
  • Increase revenue through improved resource utilisation and more focus on core business goals.

+ Audit

Audit and assurance

Our audit and assurance services can help you to stay on top of the complex regulatory and stakeholder demands that come with cross-border operations.

Accru Asia’s audit and assurance specialists provide constructive, impartial advice to management and audit committees, as well as transparent information for stakeholders and investors. Their knowledge of international reporting requirements is outstanding, so you can be confident of compliance with current regulatory requirements and local and international accounting standards.

A key difference between Accru audits and those of very large firms is the high level of partner involvement and personal service we bring to each engagement. Our audits are partner-led and supported by qualified and experienced team members with excellent technical skills.

Our assurance services include internal and external audits or reviews, due diligence and specialist advice to public and private entities.

We assist hundreds of companies operating internationally with:

  • External Audit of financial reports according to local GAAP, IAS/IFRS and international GAAP
  • Financial statements to meet general purpose financial reporting needs or ASX requirements
  • Corporate registers and statutory requirements
  • Feedback on internal controls

We also specialise in

  • Due diligence on business sales, purchases and mergers
  • Data analytics to detect and prevent fraud, particularly through fraudulent expense reimbursements, billing and payroll schemes.

See our article on Audit – an underexploited asset for overseas subsidiaries to find out how you can get more out of your audit.

+ Business Advisory

Business advisory

Home to some of the world’s fastest growing economies, the Asia Pacific has enormous potential, both for multinationals and local companies seeking to expand regionally or globally.  To realize that potential, companies must choose the right growth strategies and ensure they remain competitive and future-proof.

Our business advisory team is focused on helping you to achieve business success in the region’s increasingly competitive marketplace.  We can help you structure and position your business to best advantage, help you build its value, manage risk and increase the effectiveness of your key business operations.  We can work closely with you to identify growth pathways that maximise profit and efficiency and support your growth aspirations.

Our business and corporate advisory services include:

  • Advice on sale and acquisition of businesses
  • Business valuations
  • Management reporting
  • Cash flow analysis
  • Budget variance analysis
  • Business sector performance
  • Benchmarking
  • Return on Investment reporting

To find out more about how we can improve profitability and growth, see our Business Boost+ service and case study.

+ Business Boost+

Business Boost+ growth service

To increase revenue and boost profits in the Asia Pacific region, a company often needs to make fast, intelligent decisions, ideally based on sound financial data, not guesswork.

The challenge for many businesses is that they don’t have the financial data in a form they can use to run their business or, if they do, don’t have the expertise or time to analyse it. Our Business Boost+ service is designed to address this, especially for companies operating in multiple countries and currencies.

Our Business Boost+ advisors use sophisticated business intelligence software to condense complex financial data into meaningful reports tracking measures relevant to your business – from KPIs on specific product lines, departments or locations, to an overall view of your company’s position. Numbers reported by different locations, systems, applications and currencies can be accurately integrated into custom reports, giving you an accurate financial picture of your business – globally or regionally.

Our specialist advisors will analyse the results, discuss the business implications with you and help devise an action plan to improve your company’s performance.

If you are seeking answers to these kinds of questions, Business Boost+ can help

  • Who are my most profitable customers?
  • Where are the trouble spots in my business?
  • Which products should I discontinue and which should I focus on?
  • Which market segments or locations should I invest in?
  • Do I need to adjust pricing or inventory levels?
  • Where can costs be cut?

 Business Boost+ has been known to pay for itself by simply identifying areas for cost savings. On top of that, insights should lead to optimal profits, sales and growth. See our business boost case study to find out more about how it could help your Asia Pacific business.

+ M&A

Mergers, acquisitions & sales

We can assist you with any merger, acquisition or capital raising both locally and internationally.

Accru Asia has completed numerous million dollar transactions for local and international clients, working closely with management and lawyers and taking care of the financial detail so directors can spend more time focusing on the transaction’s value drivers.

Our team also specialises in business valuations for international business sales or purchases.

We are familiar with business values in many import/export industries and use the most appropriate methodologies and the latest software to assess all aspects of the business such as financial performance, risk and value drivers, and assets used to run the business.

We can complete all the necessary steps of a transaction including:

  • Getting the business structure right
  • Due diligence
  • Coordinating with all parties involved in the transaction
  • Reviewing legal documentation to ensure that it properly encapsulates the parameters of the transaction
  • Managing tax liabilities and ensuring that tax concessions are optimised where available
  • Making sure your objectives are realised.

+ Superannuation

Superannuation & Retirement Planning

If you are living and working overseas, you will be faced with making decisions about your superannuation. What is the best way to manage your superannuation and should your investments be offshore or in Australia? The optimal answer will probably depend on your personal circumstances, such as your age and your current host country tax environment.
Recent changes to Australian superannuation have made it an attractive investment, but it also means that it is imperative to plan long term so you can make full use of your superannuation entitlements.

Our superannuation advisors can assist with common questions such as:

  • What are the contribution limits and tax treatments?
  • Is my employer paying enough superannuation for me?
  • What are the restrictions that relate to accessing my super?
  • Is an SMSF (Self-Managed Super Fund) the best option for me?
  • How does receiving benefits or a pension from a super fund work?
  • What about estate planning?

Our services cover:

+ Tax

Tax compliance

Whether you are a business or an individual, Accru Asia’s tax experts can help ensure your compliance with local and international tax regulatory requirements and protect your personal wealth.

With dedicated compliance professionals across the Asia Pacific, we can match our team to your needs, simple or complex. Our team has the knowledge to deal with all tax obligations arising from your Asia Pacific business or personal affairs in an efficient, expedient manner. Our processes and technology ensure we manage your tax burden efficiently, as well as optimise your tax position.

We provide all the tax compliance services you would expect from a firm of our size, including:

  • Preparation of tax returns for individuals, partnerships, trusts, companies and superannuation funds
  • Business and Installment Activity Statements
  • Reviewing and advising on all Tax Office correspondence
  • Ensuring that your overall tax position is optimised

+ International Tax

International tax advisory

The Asia Pacific tax landscape has changed dramatically with international profit shifting now firmly in focus. Tax authorities are adapting their compliance strategies and policies in response to the digital economy and globalisation of business, while companies need to ensure both their compliance and a healthy bottom line.

Our advisers can help you understand the potential tax impacts of major business decisions and advise on tax efficient options in the current regulatory environment. We’ll help you identify and manage tax risks before they become a problem, maximise opportunities, minimise tax exposure and ensure compliance with all ATO requirements.

Accru Asia specialise in international tax arrangements for a range of countries throughout Asia, Europe and North America. We have been providing international taxation advice for the Australian operations of large global companies for decades.

Our extensive experience in transfer pricing reviews enables us to resolve complex issues which have resulted in significant benefits for clients. We successfully negotiated the first small business Agreed Pricing Agreement with the Small Business Australian Taxation Office team.

We are also experts in obtaining GST registrations for foreign companies selling goods and services into Australia not through a permanent establishment.

Our international tax services include:

  • Transfer Pricing Manual preparation and advice
  • Inbound/outbound business structuring
  • Advising on capitalising, withholding tax, double tax agreement implications
  • Issues of permanent establishments
  • Applications of GST to international arrangements
  • Inpat/expat tax effective salary arrangements

+ Wealth Management

Wealth Management

Australia’s banking and financial system is one of the strongest and most resilient in the world. It has many advantages for Asia-Pacific investors looking to consolidate their portfolios and grow their wealth.

While highly regulated and transparent, the Australian financial sector offers sophisticated trading vehicles enabling investments in a wide variety of stocks, bonds and other asset classes, such as gold – anywhere in the world.

Building on these advantages, Accru’s wealth management specialists can provide Asia-Pacific clients with a holistic plan that considers all aspects of their financial affairs, from a correctly allocated portfolio of stocks or bonds, to tax and asset protection.

As qualified accountants, their skills and strategies cover investments, risk insurance, taxes, estates, retirement, cash, trusts and wills. They will work with you to understand your situation and goals then put together the best combination of strategies to achieve your desired outcomes.

Our specialists keep continually up-to-date with economic, regulatory and tax developments in Australia, the Asia Pacific and globally, to make sure your financial plan reflects the current market and regulatory environment.

Our wealth services for private clients include:

  • Wealth creation strategies, including gearing
  • Retirement planning. incorporating all forms of income streams
  • Estate planning
  • Investment planning
  • Personal and corporate superannuation planning and administration
  • Self-Managed Super Funds (SMSFs)
  • On-going portfolio management
  • Fixed interest and managed investments
  • Tax planning strategies
  • Wealth protection products and strategies
  • Succession Planning.