The DRB Group caters to individuals as well as specialising in accounting services for small to medium-sized businesses in Wollongong NSW. We offer clients a personal service where you can be assured of individual attention and genuine interest in your goals and success. Our professional and dedicated team will work with you to develop the best accounting and taxation structures and systems, allowing you to concentrate on the things that are important to you and your business journey.

Accounting Services

From maintaining your accounting records to the preparation of financial statements at year-end, or as required, our team can assist you with all your reporting requirements. We can also provide monthly or quarterly onsite accounting consultation to provide you with the information you need to keep your business focused and heading in the right direction.

Taxation Services

D R Banks Accounting provides a full range of taxation services to take the worry out of complying with the tax system. We will ensure returns are prepared and lodged to meet Income Tax, Business Activity Statement, Fringe Benefits Tax, Land Tax and Payroll Tax requirements for all entities, including companies, trusts, superannuation funds, partnerships, sole traders and individuals.

Company Secretarial

If you own or control a company we can help you ensure your Australian Securities and Investments Commission (ASIC) obligations are met, including company formation and ongoing regulatory requirements. When your company is no longer required we can also help you with the wind-up process.

Financial Analysis

All businesses can benefit from ongoing financial analysis. As part of our audit services, D R Banks Accounting can provide information about your business that will help you identify current operational strengths and weaknesses in relation to gross profit margins, costs, productivity, liquidity, and other business performance measures. This type of analysis is fundamental in planning for the future. To assist you we can prepare cash flow projections, help make sense of your financial statements and results, and benchmark your business.

Business Structuring
and Transitioning

The staff at D R Banks Accounting have the knowledge and experience to help you structure your business in the most effective way. We work with you to ensure your business is set up in the most suitable way and can assist with any entity formation and registration requirements.

As you and your business changes, we review the relevance of how you are operating and support you in trying to ensure your business structure evolves with you and aligns with your business goals. This includes reviews of ongoing taxation relevance, asset protection issues, general business advice, and valuations of either your business or businesses to be acquired. As the time nears for you to exit your business, we can provide a formal valuation where required and can assist you through the sale process or work with you to implement an effective succession plan.

Client-focused Business Consulting and Accounting Services in Wollongong

Our aim is to learn more about and your needs so that we can provide real value. We provide personalised assistance to help you achieve your business objectives. We understand how important it is that advisors are:

  • Accessible
  • Responsive
  • Reliable
  • Trustworthy

We uphold these standards to ensure we deliver the most suitable service you and your business needs. Please feel free to contact us to discuss how we can help.