Accounting & Taxation

Chau & Hennessy Professional Accountants pride ourselves on being able to assist our clients with a wide range of Accounting & Taxation services, including:


Income tax returns for all entities such as individuals, trusts, partnerships, companies and superannuation funds.  Our returns are lodged electronically with the ATO which ensures a speedy turnaround time. We also attend to Business Activity Statements where required. Our procedures incorporate a comprehensive review process to ensure that we are aware of how your business is progressing throughout the year, which enables us to identify any potential issues in a timely fashion.


Periodic accounting is useful for many businesses, and our services extend from preparing periodic accounts through to finalisation of internally prepared accounts. This ensures that any information used by the management is timely and accurate.  We utilise either our in-house software or an existing bookkeeping setup.

Computer Consulting

We can assist you with the setup of computerised accounting systems, and provide ongoing support to enable you to ensure your bookkeeping is undertaken efficiently and accurately. We are proficient with popular packages such as Quickbooks, MYOB and Xero and will work with you to ensure that you are maximising the benefits available with your software. We can also attend to your payroll requirements, including all reporting, payments and related matters.

Residential Finance

Access to a wide range of residential lenders. An opportunity to make sure you are getting a competitive offer when next making your residential purchase as an owner occupier or investor, first home owners included. Also take advantage of an opportunity to have a “health check” on your current borrowings.

Financial Planning

Reviewing your current financial position, accumulating wealth, mitigating risk or assisting you to define your future financial goals and then advising you on how best to achieve them is how we help.

If you need assistance with shares, managed investments, super fund analysis, choosing the best term deposits, property securities assistance or simply a health check on your existing situation, we are able to assist.

Business Finance, Including Property, Plant and Operating Capital

We have access to business finance specialists who can quickly assess your needs and determine the most cost effective funding strategy for you. Available lenders include the big four banks, regional banks, non bank lenders, and superannuation funds. If you are seeking to make a commercial property investment, a residential or commercial property development, business and cash flow lending including equipment finance, then we can assist you to make the right decision.

Risk Insurance (including Life, Sickness and Trauma)

If you love your family and you carry debts that are not insured, think seriously about how responsible you are being.

If you need an insurance check up, we can do this in less than 10 minutes over the phone. If you want to know if you have enough cover to look after your family and yourself, call; we’ll ask you simple questions, provide guidance and let you know the cost of creating a solution if it is needed.

Business Purchase / Sale Assessments

Independent review and analysis is crucial to ensure that the business you are looking at purchasing is all that you expect it to be. A review of past performance, benchmarking to industry standards and a knowledge of current market expectations mean that you will be well prepared in any negotiations on a potential purchase or sale.

Management Accounting

Preparation of financial statements is within reach of everyone with accounting software being mainstream, but do you really know what the numbers are telling you?

The power in the reporting is analysing and interpreting the information, and this is where we apply our intricate knowledge of your business, along with interpretative analysis to identify key areas of concern for your business.


With an abundance of legislation, payment methods and withholdings, payroll management can be a difficult and time consuming process.

The primary objective is to ensure that employees receive all the financial entitlements in a timely manner as poor payroll can be detrimental to a business.

We are able to attend to your payroll requirements including PAYG withholding, employee entitlements, and superannuation ensuring that your payroll obligations are met in a timely and cost-efficient manner.


Our services include but are not limited to bank reconciliations, profit & loss statements, cash flow management, financial reporting and analysis, accounts payable and receivables and budgeting.

This not only assists with the BAS and end of year reporting requirements, but provides important and timely data on the health and viability of a business.

Chau & Hennessy
Professional Accountants

Ph: 02 6652 2999


ABN: 69 055 755 621

Liability limited by a scheme approved under Professional Standards Legislation.

Postal Address

PO Box 4042

Coffs Harbour Jetty NSW 2450


Street Address

Suite 2, 12-14 Edgar Street

Coffs Harbour Jetty NSW 2450