August 1, 2011 – RSM Bird Cameron, one of the largest mid-tier accounting firm in Australia, has announced RSM health+, tailored accounting and business advisory solutions for health professionals including allied health, physicians, dentists, pharmacists and GPs.
Dr Rod Paton, Dentist, said, “As a dentist, my focus is on my patients. I rely on RSM Bird Cameron to help manage the business side of the practice – whether it’s planning tax affairs or feedback on ways to improve, I know they’re looking after my interests.”
RSM health+ understands the challenges that health professionals commonly face, such as lack of resources, capital or succession planning. RSM health+ is designed to help overcome these challenges while building wealth, balancing risk and effectively managing cash flow.
Kim Hutchinson, national chairman, RSM Bird Cameron, said, “The RSM Bird Cameron difference lies in the close and enduring relationships it has with its clients. RSM Bird Cameron works closely with health professionals, regularly consulting with its advisory panel of health professionals to ensure that it is across the latest developments and opportunities.
“RSM Bird Cameron’s ability to provide advice within tight timeframes means health professionals are able to make decisions efficiently, while maintaining focus on their business and taking maximum advantage of opportunities when they arise.”
Damian Bennett, Bennett Pharmacy Group, said, “Over the last 15 years, RSM Bird Cameron has provided expert advice and guidance as we have bought, sold and operated pharmacies. We now operate across two states with annual sales exceeding A$10m.”
Hutchinson said, “RSM health+ draws on almost 100 years of experience and offers expertise from more than 70 directors in 28 offices across Australia. It has the technical knowledge to drive health professionals’ business processes, build wealth and protects assets long term so they can put patients’ needs first every time.”
RSM health+ offers advices in the specialist areas including:
Tax advisory services
* Specialist knowledge of health accounting and taxation issues
* Compliance GST, fringe benefits tax, income tax
* Non-commercial losses
* Income splitting
* Negative gearing
Wealth creation services
* Personal wealth goal setting
* Budgeting for lifetime financial requirements
* Succession planning
* Self-managed superannuation funds
* Exit strategies and management succession
Asset protection services
* Structuring advice
* Wealth management and preservation
* Ownership succession
* Asset protection
* Business valuations
Cash flow services
* Business plans and budgets
* Financial management
* Merger and acquisition advice
* Feasibility studies
* Capital raisings
* Finance applications.
About RSM Bird Cameron
RSM Bird Cameron is the largest mid-tier accounting firm in Australia with national ownership and profit sharing and offers a full range of specialist advisory services, including business consulting and advisory, assurance and advisory, taxation consulting, corporate consulting and turnaround and insolvency. RSM Bird Cameron is a core member firm of RSM International, the sixth largest network of independent accounting and consulting firms in the world.