FAQs

Answers to your questions about us…

If you’re wondering about the why and how of working with our team of accountants, tax experts, and business advisors, most of yours answers can be found below… if not, get in touch.

WHY IS STANLEY & WILLIAMSON REBRANDING?

Our firm first joined Kreston International in 2010 in response to the growing need to support clients seeking to expand internationally. The adoption of the Kreston brand is a natural next step for our firm, as we continue to evolve to meet the needs of local clients whose international footprint is being established or expanded, or global clients which are seeking to establish a presence in Australia.

WHO WILL OWN KRESTON STANLEY WILLIAMSON?

Kreston Stanley Williamson will remain wholly independent, as with all Kreston member firms, and continue to be owned and operated by its five partners.

IS KRESTON STANLEY WILLIAMSON ONLY INTERESTED IN LARGER AND/OR INTERNATIONAL BUSINESSES NOW?

Our services continue to be targeted at SME clients that need a dedicated forward thinking service with a no surprises pricing model. This has not, and will not change.

WILL KRESTON STANLEY WILLIAMSON STILL HAVE THE CAPACITY TO MANAGE MY ACCOUNT?

It is business as usual at KrestonSW and the team structure we currently have will not change. You will continue to be serviced by the same long term manager or partner that you have always had. The name change will not change this.

WHAT OTHER COUNTRIES DOES THE KRESTON INTERNATIONAL NETWORK FIRMS OPERATE IN?

Kreston International comprises of more than 22,000 professionals from 170 independent firms in more than 120 countries worldwide. Please speak to your client manager for a more comprehensive list.

WHAT IF MY BUSINESSES IS NOT INTERESTED IN EXPANDING OVERSEAS?

The change will have no effect on this. We will continue to service our SME clients exactly as we have in the past, whether they have global needs or not.

WHAT TYPES OF CLIENTS DOES KRESTON STANLEY WILLIAMSON WORK BEST WITH?

We find that our approach is best suited to entrepreneurial business owners and managers who are keen to grow and develop their business.

We help work out the financial measures you can put in place to support your ambitions, rather than acting as a handbrake.

HOW WILL SERVICE FEE/S BE CHARGED MOVING FORWARD?

All current fee arrangements will remain and the re engagement of clients each year with a set fee quote upfront will continue.

WILL THE TEAM CHANGE?

No, our team will remain the same and continue to provide our clients with the dedicated and pro-active approach that they are accustomed too. Most of our senior team have been with us for over 10 years and they remain the most important part of our business.

WHAT ELSE WILL CHANGE?

Our collateral and website will be aligned to the rebrand of Kreston Stanley Williamson, but will still be recognisable with the use of our traditional colours. As the new website will launched in conjunction with the rebranding to Kreston Stanley Williamson. Please have a look and let us know what you think – krestonsw.com.au

WHY SHOULD I CHOOSE KRESTON STANLEY WILLIAMSON OVER OTHER ACCOUNTANCY PRACTICES?

There are plenty of accountants who can do your year-end financial accounts and tax returns. In our experience, however, many
business owners and managers are looking for much more than this basic level of service.

We can add considerably more value to your business by being proactive, and by helping you plan ahead to structure your
financial affairs more effectively.

This helps you gain a stronger financial position, compared with a year-end service that can only report on what has already
taken place, and which may be too late to fix.

With our forward-thinking approach, we can help you achieve a range of positive outcomes, including:

  • Minimising tax liabilities;
  • Establishing tax-effective business structures that protect assets;
  • Developing key performance indicators that regularly track how your business is faring;
  • Planning for the transition and sale of your business via succession planning;
  • Protecting your assets through assistance with estate planning; and,
  • Reducing your exposure by implementing sound risk management principles.

We take the time to understand your business and your goals, and focus on helping you achieve what you set out to do, rather
than your past financial history.

In doing so, we hope you’ll come to regard us as an important partner in the strategic development of your business.

WILL SERVICE FEE/S INCREASE?

No, service fee/s will not increase due to the rebranding to Kreston Stanley Williamson. Our no surprises policy in relation to fees remains,
with most work quoted for upfront and agreed by the client before work commences.

HOW DO I CONTACT MY CLIENT MANAGER?

Our e-mail domain will change to ‘name@krestonsw.com.au’. However, our Stanley & Williamson e-mail domain will link with the KrestonSW domain to ensure no e-mails are lost or missed during the rebranding process. Our number will remain the same. Please give our team a call on 9923 2666, if you have any questions.

WHAT ARE YOUR FEES?

Transparency is very important to us. We set out our fees upfront, so you have certainty regarding your commitment.

Our year-end tax compliance work is provided under a set fee, agreed upfront. This also applies to the following:

  • Tax planning services;
  • Business Healthcheck services;
  • Business structuring services;
  • Management accounting services; and,
  • Bookkeeping services.

There will be no surprises when it comes to your fees for these services.

Other project work is provided under an upfront estimate, so you still know what it will cost. We then communicate with you regularly during the process to ensure that there is transparency with all fee agreements.

We believe that our fees are fair; and the feedback we receive from clients is that we provide great value for money.

MY NEEDS ARE COMPLEX. ARE YOU ABLE TO LOOK AFTER ALL OF MY REQUIREMENTS?

We have expertise across a wide range of disciplines, including accounting and tax, business advisory, finance, estate planning, succession planning, risk management, audit and more.

We are able to coordinate and integrate each aspect of your financial affairs to provide the best possible outcome.

Our partnership with Kreston International enables us to manage all international accounting requirements if your financial interests extend beyond Australia.

In summary, we’re large enough to attend to every need that your business has but small enough to be hands on, timely and accessible.

WILL YOU BE IN REGULAR CONTACT WITH US?

We recognise that every client is different. Some may wish to have more regular contact than others. We therefore tailor our services to suit your needs.

At the minimum, we will conduct tax planning during the year and provide year-end compliance support.

We also offer a regular newsletter, which provides valuable information in easy-to-understand terms.

You will be allocated a partner. He will be responsible for you and oversees all work done by the accounting team assigned to take care of your ongoing needs.

You will have ready access to your partner or a member of the team as often as you wish.

WHAT DOES BEING A CHARTERED ACCOUNTANT MEAN?

Kreston Stanley Williamson are Chartered Accountants. This means that the majority of our staff have acquired industry-leading postgraduate training and qualifications in specialist accountancy skills.

Our membership of The Institute of Chartered Accountants recognises our firm’s high level of professional standards.

By engaging us as your accountants, you gain access to a team who value continuous learning and who apply what we know to help your business advance and prosper.

Book a complimentary initial consultation

Pin It on Pinterest