Business Details
20 Years
experience
Your Trusted Accountants in Toowoomba QLD
Established in 2006, we are a Toowoomba-based accounting and business advisory firm dedicated to empowering small and medium enterprises through tailored financial solutions. Our team of Certified Practicing Accountants brings decades of combined experience in taxation, business structuring, and strategic growth planning. We specialise in self-managed superannuation funds (SMSF), providing expert guidance through complex regulatory requirements while maximising investment opportunities. Our approach combines proactive business analysis with cash flow management strategies to help clients achieve long-term financial objectives.With a client-centric philosophy, we prioritise understanding individual business operations through regular site visits and consultations. Our expertise extends to fringe benefits tax compliance, asset protection strategies, and entity structuring, ensuring comprehensive support for business owners and high-income individuals. We maintain rigorous professional standards while delivering accessible, jargon-free advice that adapts to evolving financial landscapes.
Services
Accounting & Taxation
Self-Managed Superannuation
Business Analysis
Structuring & Asset Protection
Fringe Benefits Tax Advice
Strategic Planning
Cash Flow Management
Regulatory Compliance
Details
- Year established: 2006
Highlights and features
- We offer 18+ years of local business advisory experience since 2006
- Our team includes Certified Practicing Accountants with SMSF specialist accreditation
- We implement tailored cash flow and KPI monitoring systems for business growth
- Our strategic planning combines financial analysis with operational business audits
- We provide comprehensive FBT compliance and tax minimisation strategies
Associations and certifications
- CPA Australia
Services
Accounting & Taxation
We provide comprehensive accounting and taxation services for businesses and individuals, including financial statements, income tax returns, GST compliance, and property transaction advice. Our team stays current with regulatory changes to ensure accurate reporting while identifying legitimate tax minimisation opportunities. Clients benefit from proactive tax planning strategies tailored to their specific circumstances.
Self-Managed Superannuation
Our SMSF specialists guide clients through establishing and managing self-managed super funds, focusing on compliance and investment strategy optimisation. We assist with fund setup, trustee obligations, pension phase transitions, and regulatory reporting. This service empowers business owners and high-income earners to maintain control over their retirement investments while ensuring adherence to complex ATO requirements.
Business Analysis & Growth
We conduct detailed business analysis using financial diagnostics, operational audits, and KPI development to identify growth opportunities. Our approach combines strategic planning workshops with ongoing performance monitoring to implement measurable improvements. Clients receive customised roadmaps for scaling operations while maintaining financial stability and regulatory compliance.
Structuring & Asset Protection
We advise on optimal business structures considering current operations and future goals, balancing asset protection with operational flexibility. Services include risk assessment, ownership structuring, and succession planning. Our strategies help clients safeguard personal and business assets while creating tax-efficient frameworks for long-term wealth preservation and business continuity.
Fringe Benefits Tax Advice
Our FBT specialists help businesses navigate complex fringe benefits tax requirements, including benefit valuation, exemption eligibility, and record-keeping obligations. We develop strategies to minimise tax liabilities through employee contributions and benefit structuring while ensuring full compliance with ATO regulations. This service includes ongoing support for annual FBT return preparation.
People
Christopher Sykes
Director
CPA with 20+ years' experience in accounting and business development. Specialises in SMSF and business structuring. Graduated with Accounting major from USQ. Established Acumen in 2006 to provide strategic business advice to SMEs.
Lorraine Harman
Director
Certified Practicing Accountant with expertise in system improvement and cash flow management. Holds Bachelor of Business from USQ. Focuses on helping businesses achieve goals through tailored financial strategies and performance monitoring solutions.
Cameron Stevenson
Director
Distinction graduate in Commerce with focus on Accounting. Specialises in manufacturing and professional services sectors. Provides strategic guidance to entrepreneurial businesses. Co-founder of Acumen Accounting since 2006.
Questions
What accounting services do you offer for small businesses?
We provide complete accounting solutions including financial statements, business returns, GST compliance, payroll processing, and cash flow management tailored to SME needs.
How can SMSF benefit my retirement planning?
SMSF provides greater control over investment choices and tax strategies. We help establish compliant funds and develop strategies to maximise retirement outcomes while meeting regulatory requirements.
What's involved in business structure review?
We assess your current structure's effectiveness considering asset protection, tax efficiency, and growth potential. Recommendations may include entity restructuring or implementing safeguards for business continuity.
Do you provide strategic planning assistance?
Yes, we conduct business analysis using financial diagnostics and operational audits to develop growth strategies with measurable KPIs and implementation roadmaps.
How do you handle FBT compliance?
We identify applicable fringe benefits, calculate liabilities, implement minimisation strategies, and prepare annual returns while ensuring proper record-keeping for ATO compliance.
What areas do you service?
Based in Toowoomba, we serve clients across Queensland and Australia through a combination of local presence and remote advisory capabilities.
