<< Back

HWC Accountants on the Gold Coast has years of experience in providing services in the hospitality and tourism industry, which includes the business, compliance and financial management of time share resorts and schemes generally.

COMPLIANCE SERVICES

HWC Accountants have dedicated specialists with expertise in providing services to time share schemes, Community Title Schemes and related businesses enabling all facets of business, transactions and compliance requirements to be provided.

Our mission is to provide high quality, value-added services to meet the scheme objectives and the expectations of the governing body.

Our objective is to maximise your opportunities whilst controlling the costs and risks associated with running the scheme.

If you are a resort manager, a resort management company, involved in the management of a time share scheme or a Responsible Entity, then we can provide the necessary assistance to maximise your efficiency and effectiveness in carrying out your engagement whilst minimising your risk.

Our compliance services include advice on the appropriate records to be maintained, preparation of key performance indicators for business operations, management and formal financial reporting, budgeting, structuring, MIA compliance including Responsible Entity and Compliance Committee requirements and taxation compliance requirements.

Our proven track record

HWC has been providing advice to time share and associated entities for some sixteen years. Advice has been provided on matters ranging from resort management, accounting and budgeting, formal reporting, the establishment of Responsible Entities, board representation and Responsible Officer positions, compliance committee representation to general industry advice. The experience we have obtained from our engagements enables us to identify issues and opportunities in respect to any scheme or business transaction.

Our local presence

HWC Accountants is a medium size firm on the Gold Coast, with its origins dating back 30+ years.

Our service is personal and timely. Our team members are locals who have relevant experience.

OUR KEY SERVICES

The four main services we offer are:

1. Resort Financial Management

Our experienced time share team will service your formal and informal financial management obligations efficiently and in a timely manner, including:

• an independent appraisal of the historical operating results;
• review of current financial issues facing the business;
• risk avoidance/management;
• assistance with financing requirements;
• full accounting services.

2. Compliance

We can provide the necessary compliance services, encompassing:

• financial reporting;
• trust account auditing;
• taxation services, such as income tax, capital gains tax, GST and fringe benefits tax.
• Corporations Act 2001 compliance
• MIA compliance

3. Finance advice

We can provide financial advice in respect of Key Performance Indicators, business improvement processes and financial management.

We provide a hands-on approach in critically appraising the performance of the resort operations and long term maintenance funding.

4. Information Technology

HWC can service your IT needs. Review the information systems currently in place, provide or arrange the necessary software or training to enable you to get the most usable information out of your financial management system. Our objective is to ensure that your information system is providing you with the most appropriate information that it can.

We can show you how to use that information with minimal effort and maximum benefit to your business.

OUR APPROACH

We know and understand that there is a lot more to time share schemes and resort management than just compliance with the ATO, MIA, ASIC, ATHOC and producing basic accounting figures. We share our client's business goals and know how we can add value to our services.

W e   a r e   y o u r   "P a r t n e r s   i n   S u c c e s s"