TAXATION & COMPLIANCE

Financial Reports Keep track of your business’ financial health by comparing and understanding profit and losses, surplus cash from operations, loans and assets through the financial years in an easy-to-read presentation of information.

BUSINESS TAX COMPLIANCE

Ensure your compliance to the ATO with the appropriate tax registrations and deductions relevant to your industry, with guidance on your monthly, quarterly, or annual obligations to the ATO.

QBCC

For assistance with your application and the annual renewal of your QBCC license, including the provision of key financial information, to meet your reporting requirement to demonstrate your financial sustainability.

AUDIT & ASSURANCE

Trust Account Audits
Meet your annual reporting obligations to the Office of Fair Trading by ensuring all records regarding trust monies have been properly kept, and to ensure compliancy with your fiduciary duty and legislative responsibilities.

MANAGEMENT & BUSINESS CONSULTING

Enable your family business to thrive long into the future with the utility of succession planning, revaluations of corporate and governance structure, and by creating a family business culture that works for you.

OUTSOURCES CFO SERVICES

External financial leader to guide your organisation with top-tier business and accounting knowledge that enables value creation and optimisation through effective strategic initiatives.

SOFTWARE TRAINING

Guidance on effective utilisation or implementation of your accounting software to enable effective and efficient business practices. We specialize in Xero, MYOB, Reckon, and Quickbooks.

ADMINISTRATION SERVICES

Corporate Secretarial Services
To provide assistance with the management of your company or trust register and your ASIC compliance, to assist with the registration of new entities or business names, and the utilisation of our premises as a registered office to help keep your personal information personal.

P. (07) 4041 7749 M. 61 456 218 385 E. admin@hyfaa.com.au

HONGYU FENG

CPA CTA JP (Qual)

Hongyu founded the company after leaving his senior position at a well known and respected accounting firm in 2016. The office gradually grew to a team of 12 professional colleagues. Hongyu is a dedicated person who strives for the highest level of quality with fine attention to details, and encourages his team members to strive for the same. The company’s main focus is to provide the finest quality and personalised accounting services for individuals and businesses alike.

In his free time, Hongyu enjoys sampling all of the local cuisines Cairns has to offer with his friends, and spending time with his family in Mareeba. Beyond spending time with his family and friends, Hongyu plays tennis and golf to keep active and de-stress. The HYFAA team keeps Hongyu accountable and encourages him to maintain a balanced lifestyle, Hongyu can be too committed to providing the highest level of service for his clients.