The skills of the modern Chief Financial Officer (CFO) have expanded well beyond those of the traditional “book keeper” or “accountant” and, when performed well, play an essential factor in a business’ success.

For most small to medium business, a CFO is not available due to limited budgets and so the business often does without.

At JDFA, our Virtual CFO service provides access to these high level skills as and when you require them to expand your business, restructure and save on costs, refinance debt or any number of other options which a strong CFO would be expected to identify.

The implementation of effective Strategic Business Planning over the long term is the first step to a successful business. Using the One Page Business Planning & Performance System ( a powerful, web-based, strategic planning and performance management system),

JDFA’s Business Mentoring will help your company to:

  • Accelerate growth
  • Increase revenues and profits
  • More effectively implement your business plan
  • Focus people and resources on achieving goals

Risk Management is the identification, assessment, and prioritisation of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events.

JDFA can develop strategies to manage risk including the transfer of the risk to another party (eg insurance), avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk.

Succession Planning is a necessary part of an organisation's ability to reduce risk, create a proven leadership model, smooth business continuity and improve staff morale. Without the implementation of an effective Succession Plan, generally as part of the business plan, there can be significant impacts on an organisation.

Financial & Tax Reporting includes the services traditionally provided by bookkeepers /accountants plus budgeting, cashflow analysis and management reporting.

At a Glance

  • Virtual CFO
  • Strategic Business Planning
  • Business Mentoring
  • Risk Management
  • Succession Planning
  • Financial & Tax Reporting

You have the choice to spend or save the income you make. How much you save and how much you choose to invest in savings will influence how much wealth you accumulate over your lifetime. To help you save money, it is important to know where your money comes from and where it goes (ie budgeting). This is the first step towards improving your financial position.

Your JDFA financial adviser will work with you to create a Budget and Savings Plan that helps you identify where you can cut costs and thereby save for your future.

JDFA’s academically-based Investment philosophies will provide you with a better investment experience – delivering higher returns, lower fees and lower taxes thereby resulting in better, long term, wealth accumulation, including via Superannuation.

Insurance protects you and your family from the financial turmoil that a sudden and unexpected illness or death can cause. Without adequate insurance your long term wealth accumulation can be drastically affected.

Debt Management involves understanding the difference between ‘good’ and ‘bad’ debt. JDFA will work with you to prepare a Debt Reduction Plan for ‘bad’ debt and identify opportunities for using ‘good’ debt to leverage into growth assets.

Retirement Planning involves answering three basic questions:

1.   How much do you need in retirement?

2.   How much capital will you need to generate that level of retirement income?

3.   How do you ensure that the capital will last until you die?

Estate Planning is the process of arranging your financial affairs while you are alive so that when you die, your assets pass to the people you want to receive them, in the way you intend, in a tax-effective manner.

At a Glance

  • Budgeting & Savings
  • Investments & Superannuation
  • Insurance
  • Debt Management
  • Retirement Planning
  • Estate Planning

There are two certainties in life: death & taxes. Whilst no one can prevent the former from happening, JDFA’s tax advisers can certainly protect you from the impact that taxes can have on your desire to create or accumulate wealth.

Effective Strategic Tax Planning takes into consideration the impact of tax over the short, medium and long terms.

Planning in advance of making decisions – buying/selling or earning/spending – is the most effective way to minimise the impact of taxation upon your businesses profitability and return on investment for your shareholders.

There are no ideal Tax Structures, only the best at the time of their creation, based upon the information available and applicable tax laws.

Simply put, you want your Tax Return Lodgement to be submitted on time, with a minimum of fuss, and to know when you need to pay your taxes.

At a Glance

  • Strategic Tax Planning
  • Tax structures (incl. SMSF)
  • Tax Return Lodgement