Accounting in recent times has unfortunately shifted from its core purpose of providing information to owners. Most financial statements are now designed to inform tax authorities and finance providers of the results of the business. These formats do not enable the business owner to obtain relevant information to run the business better.

This shift has caused business owners to treat their financial statements as a commodity or a compliance product rather than as an information tool. Business owners have had to pay substantial accounting fees for a product which they ultimately feel is of no benefit to them.

At JudsonKoman, we have designed tools and use other financial reporting products that provide more useful information to the business owner than present traditional accounting financial statements. By identifying the key drivers for revenue and costs in the business, we can report back to the business owner how the key metrics for these drivers are trending both historically and against budgeted results. From these reports we can then advise the business owner as to the achievability of their financial goals for the business.

These reports can be prepared quarterly or monthly depending on the needs of the business owner. We can also help design dashboard type reporting or “management in a page” reports to the business owner so that they can visualise the performance of the business in formats that make sense to them rather than in typical accounting reports.

Not only can we assist with managerial accounting matters, we can also provide facilitation of business off-site meetings or business planning sessions. All these activities are conducted with a view to improving the business either through better planning and execution or through better information being provided to the owner. In short, we aim to provide the business owner with better information to enable them to make better business decisions.

To discuss the implementation of a management accounting solution or business improvement project for your business, please contact us.

Our Resources

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What people are saying about us

JudsonKoman are extremely easy to work with, very positive and happy to help out on a variety of disciplines and any issues we have. Their tax planning, business coaching and structural advice has been fantastic. We work closely with Ian who has been a great find for us, Alissa has been fantastic and Kirrily always helpful as the front end contact.

–Mark Stafford, Director, Llexan (Australia) Pty Ltd

What I like is that they are always looking at our best interests and what will work in the SME environment for our company. They pre-empt issues and are always efficient in ensuring we remain aware of and up to date with our obligations and compliance. This allows us to remain focused on our core business activities. In a lot of ways, JudsonKoman is our silent business partner.

–John McDonnell, Director, Procare Personnel

Our Partners

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CONTACT

07 3367 1994

ABN: 31 637 735 849
Fax: 07 3367 2994
Address: 20 Mayneview Street, Milton, Brisbane, Queensland 4064
Mailing: PO Box 329, Toowong DC, Q, 4066

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