consult@panaceawfs.com

Kochi, India · Serving Oman, UAE, Australia & India

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Panacea WFS prepares year-end financial statements and tax workpapers for Australian accounting practices and their clients. We take the ledger to a reviewed 30 June set of accounts with supporting schedules, so your team spends its time on review and advice rather than preparation.

What we prepare

  • Year-end financial statements for companies, trusts, partnerships and sole traders
  • Tax workpapers and reconciliations supporting the return
  • Fixed asset registers and depreciation schedules
  • Related-party and shareholder loan schedules for your review
  • Accruals, prepayments, provisions and stock adjustments
  • Lead schedules and an indexed workpaper file for your reviewer

Fixed assets done properly

Our leadership team has led fixed asset verification and large-scale fixed asset register reconciliations for hotel portfolios and utilities. We bring the same discipline to small business asset registers and depreciation schedules.

Built for tax season

Year-end volume is seasonal. Practices use us for peak-season capacity through project or hourly support, or keep a dedicated team member year-round. Your reviewer signs off; your registered tax agent lodges.

Keep it clean all year

Year-end is easier when the books are already reconciled. See our outsourced bookkeeping, or read our guides to Australian income tax and the Corporations Act 2001.

Questions Australian clients ask

Which entity types do you prepare year-end accounts for?

Companies, trusts, partnerships and sole traders, prepared to your practice’s templates and review standards.

Do you prepare the tax return itself?

We prepare the financial statements and tax workpapers that support the return. Final review, sign-off and lodgement stay with your registered tax agent.

Can you help in peak season only?

Yes. Many practices use us on a project or hourly basis between July and the lodgement deadlines, then scale back for the rest of the year.

Start with a free consultation. Email consult@panaceawfs.com with a short note on your volumes and systems, and a senior advisor will come back to you with the right engagement model and a fixed or hourly quote.