Author Archive for: jemimah.moody

About Jemimah Moody

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Entries by Jemimah Moody

EOFY 2025 Tax Planning Tips for Small Businesses

As 30 June 2025 draws near, it’s the perfect time to get your year-end tax planning in order. Taking proactive steps now can help you maximise deductions, meet compliance obligations and reduce your tax bill.  This article covers essential EOFY 2025 tax tips for small businesses to help you finish the financial year with confidence […]

NSW Portable Long Service Leave Scheme 2025: What Community Service Employers and Workers Need to Know 

Starting 1 July 2025, a new portable long service leave (LSL) scheme will take effect in New South Wales (NSW). Specifically designed for the community services sector, the scheme will allow eligible workers to accrue long service leave entitlements across multiple employers – addressing the industry’s unique employment patterns.   This guide outlines who is covered, […]

Should You Start a Charity?

  Here’s What You Need to Know Before Taking the Leap  Starting a charity is a great way to make a lasting impact on the world. The idea of building an organisation dedicated to solving a problem or supporting a cause can be incredibly fulfilling. But as with any meaningful endeavour, the journey of starting […]

Cash Flow 101: What every business owner needs to understand about cashflow 

Cash flow is the lifeblood of any business. It’s the movement of money in and out of your company, and understanding it is essential for financial health and long-term success. Whether you’re a small startup or a large corporation, managing cash flow effectively can mean the difference between thriving and struggling. Here are 5 tips […]

5 Essential Accounting Tips for Any Business Owner

Starting a new business is an exciting journey, but it can also be overwhelming. Between creating a product, marketing, and growing your customer base, one thing that often gets overlooked is accounting. Proper financial management is crucial to your success, yet many new business owners find themselves struggling with the basics. To help you get […]

From Uni to an Accounting Career: Your Step-by-Step Graduate Guide

Breaking into the accounting profession can feel daunting, especially in a competitive job market like Australia’s. Whether you’ve just completed your degree or are transitioning into accounting from another career, there are clear steps you can take to stand out and launch your career with confidence.  Here’s your all-in-one guide to help you land your […]

Accounting for Portable Long Service Leave

Since January 2020 Victoria’s portable long service scheme means workers in community services, contract cleaning and security can receive long service benefits even when transferring between employers in the sector. While the scheme has broadly been regarded as a win for employees working in this sector there are a number of downsides for employers, including: […]

Why Independent Audit Reports Matter

An audit report is a key tool for anyone who wants to make informed decisions about a company. For investors, it’s independent assurance that the company’s financial statements can be trusted. For the company itself, it’s a way to identify any weaknesses in its finances or operations and make improvements. In short, the audit report […]

Understanding the Audit Process: A Simple Breakdown for Business Owners

Running a business means managing a lot of moving parts—financial records, legal requirements, and more. One process that helps ensure everything is in order is an audit. While the term “audit” might sound intimidating, understanding the steps involved can make the experience smoother and more beneficial for your business. 1. Planning the Audit The first […]

Does Your Non-profit Need an Audit? Here’s What You Should Know 

Working with or volunteering for a non-profit can be an incredibly rewarding experience, but it comes with its own set of challenges. One of the most important things you need to think about as your non-profit grows is financial accountability and transparency. A key way to ensure that your finances are in order and that […]