Check out where we’ve worked our magic
Want to see the tricks up our sleeve?
Here we shine a spotlight on our recent work to give you an idea of what we can do for your business. Ta-da!
Board Reporting Update – Mid-Size Corporate (2020)
Detailed review of the existing financial Board Reporting framework with a view to improve the quality and format of the information provided. Working alongside the General Manager and Company Accountant, Mage was able to introduce a more summarised, targeted reporting format. The key here was to develop a reporting tool and format that the existing team could easily navigate and manage, but which also satisfied the needs of the Board
ATO Audit Support (2020)
Provision of tax audit advice and support to small and mid-size accounting firms with matters reviewed by the ATO. Assistance with interpretation of the issues under scrutiny and development of strategy to manage the matter efficiently with the ATO.
Business Review / CFO Support – Professional Services Firm (2020)
Provision of CFO services to a mature growing professional services firm to assist them in navigating the changing business landscape and “pivot” the business as necessary. Review of business performance, staff and reporting.
The COVID-19 pandemic occurred during this process rendering the review and guidance all the more significant.
Property Structuring Advice (2020)
Provision of structuring advice to property developer with the advice encompassing asset protection, finance arrangements, long term holdings, future plans to develop, GST, income tax, land tax, stamp duty, as well as the cost of changing and maintaining structures.
CFO for Brisbane-based ASX Listed (2020)
Mage Advisory provided ongoing CFO services to a small ASX listed company in the Biotech space. Working closely with the Board and Audit team, specifically focusing on the ASX reporting requirements, cashflow and board reporting.
Business Review (2019)
Recently, Mage Advisory completed a review of a logistics business with succession issues on behalf of a potential investor/purchaser. Providing a report on the status of the business, including their business activities, financial strength, people, assets, systems and compliance.
Dynamics Business Central Implementation rescue (2019)
Mage Advisory supported a small cap ASX listed company with a consolidated group of six companies across five countries in their migration to Dynamics BC. This business has a primary production and manufacturing element in Fiji, with distribution centres in Australia, NZ, US and Singapore.
Large Primary Production Business Sale
Acting on behalf of the vendors in the sale of a large primary production business to foreign investors. This involved providing tax advice on deal structure and exit, while handling various tax due diligence matters with the purchasers.
QBCC Licensing (2018-2019)
Provision of specialist QBCC financial requirement advice to Queensland and Interstate businesses to deal with threatened licence suspension. Solved by restructure of their businesses to better meet the QBCC requirements. Under similar time pressures also resolving licence suspensions in the QCAT tribunal.
Construction Business turnaround (2018-2019)
Provide practical, senior-level finance support to a construction business, in its efforts to manoeuvre their previously successful business back into the black. Achieved by streamlining their accounts function, re-defining and setting up monthly reporting, cashflow management, WIP calculation, profit recognition/margin release standard practices and a finance team structure.
National Business Re-structure into Single Structure (2018-2019)
Merging of a national group of contracting businesses, with international operations, into a single entity with a view to equalising the equity holding for all shareholders, facilitate the long-term growth of the business and simpler succession and sale by shareholders. Assistance with negotiations, valuation and shareholders agreements.
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Demystifying the issues.
Part art, part science. We assist businesses by reporting on work in progress reporting (WIP), putting policies in place and updating systems so you understand your business performance month-to-month.