We’re with you
Success needs support. At Deloitte, we blend your unique skills and ambitions with our deep expertise and experience. We are committed to always offering the best possible service. We get what matters and we’re there for you at every step in your journey.
We're with you.
We're Deloitte Private.
The cornerstone of our accounting and tax compliance service offering is strategy meetings and regular contact with you to ensure an efficient and co-ordinated approach to issues, reporting obligations and achievement of business objectives.
In relation to accounting and tax compliance (ie. preparation and lodgement of financial statements, Business Activity Statements and income tax returns for companies, trusts and individuals), we work with you to ensure the scope of our tax compliance work aligns with your requirements.
We follow our proprietary ‘Compliance Roadmap’ procedures that represent an end-to-end process covering the best practice approach to completing tax compliance engagements.
Assurance and advisory
Our audit methodology is risk and controls based. We engage closely with management to ensure that we focus on areas of most significance and deliver value. The risk assessment incorporates your views and concerns and we work with you to tailor our audit strategy based on this assessment. Our deliverables include a detailed Audit Completion Report that outlines our approach to the audit, the key issues arising from the audit and detailed feedback on the robustness of the internal controls and processing systems.
In summary, our audit approach involves a number of stages including:
- Planning visit to identify and design an approach to address the specific audit risks of the engagement.
- Interim audit to deal with year-end issues as early as possible and complete testing of transaction processes and operation of key internal controls
- Year-end audit to test the financial statement balances and prepare the financial statements
- Final group reporting
- Issuance of year end board reporting document inclusive of recommendations for improvement.
Deloitte Private is a private business-focussed practice, powered by the depth of a global Big Four firm.
Deloitte believes differentiating the needs of private businesses from the needs of large businesses assists our multi-disciplinary professionals recognise the opportunities and challenges unique to private businesses.
We anticipate the needs of private businesses and focus on delivering innovative and effective solutions, while maintaining high quality service levels.
Our local knowledge, coupled with access to our global networks, uniquely positions us to best service the Australian private market.
Deloitte Private offers tailored services such as:
We work with business owners and leaders who are passionate about what they do. Clients who expect their advisor to be just as committed.
We’re with you.
High net worth and families
We recognise success is rarely achieved without support.
Deloitte Private is focused on delivering a fully integrated service offering to high net worth individuals and families.
Our depth of experience, access to thought leadership and to the wider resources of global Deloitte, uniquely positions Deloitte Private as the leading provider of professional services to high net worth individuals and families.
It’s the personal relationship that can only be achieved from doing business with a trusted advisor that has been the cornerstone of our success and that of our clients. We measure our success on theirs.
Our tailored services for high net worth individuals and families include:
•Family office services
•Family governance advisory
•International structuring services
•Family office setup assistance
We ‘get’ what matters to you and we’ll be there for you at every step in your journey.
We’re with you.
We’re Deloitte Private.
Our Risk services team has unique skills that ensure private businesses have appropriate governance structures to maximise returns and mitigate risk.
Our experienced consultants assist in:
- identifying and assessing risks
- reviewing efficiency and effectiveness of internal processes
- providing comfort around compliance with policies, procedures and regulations.
Succession planning is a complex process involving many business disciplines. As the majority of the Baby Boomer generation will retire over the next five to 10 years, succession planning will be vital for the long-term survival of private companies.
It becomes more complex as many different business, financial and personal issues come into play. A good succession plan for private companies looks at a range of issues such as:
- suitable talent
- possibilities of floating
- current leaders
- corporate structure
- estate planning
- share transfers.
Deloitte Private has a strong team of super industry specialists dedicated to ensuring our clients; their staff and their business, are best positioned to get the most out of their superannuation strategies and opportunities are utilised.
Super funds support the retirement dreams of the nation. They also own a significant share of Australia’s largest businesses; build our shopping malls and offices, provide seed capital for entrepreneurs and extend our influence in overseas investment markets.
Taxation is often a complex and intricate business element. Only specialised service providers can navigate your business through regulatory changes, recent updates to income tax, FBT, GST, tax consolidation, international tax planning and issues, tax training, planning reviews and advice.
Private companies need the benefit of every available tax advantage to compete successfully in Australia. Advice from tax professionals, who have the industry experience necessary for recognizing and implementing real savings, can help Australian businesses to minimise their income and capital tax liabilities.
Our professionals can also assist with private companies expanding or restructuring their offshore and international businesses and investments.
Our specialists in income and capital gains tax can recognize a wide range of potential tax planning opportunities, as they have access to some of the best tax practitioners in Australia and around the world.
We work side-by-side with you throughout the year to help you identify risks and opportunities as they arise.
Put your finger on the pulse of your business via an online dashboard easily customised by you and delivering a live and uncluttered view of your business. Connect to your live financial performance and position anytime and from anywhere via our portal.
Cut through the complexity of management reporting with our online and interactive KPI reports accompanied by up-to-the-minute alerts enabling you to take actions when they count.
Online bookkeeping using optical character recognition to scan invoices, electronic signatures and online payment authorisation lets us take care of your books.
Abnormal transactions are identified and acted on immediately, eliminating surprises and the need for year-end rework.
Queries and approvals are via our secure portal online, so your lodgements are on time, every time.