42 Advisory business advisors in Melbourne collaborating on financial strategy and growth planning for clients

Trusted CPA Accountants in Melbourne’s South-East

CPA Accountants Melbourne — Strategic Tax & Business Advisory for Growing Businesses

Backed by CPA expertise, 42 Advisory delivers fixed-fee accounting, tax planning, and business advisory services designed for Melbourne’s modern SMEs. We simplify compliance, strengthen strategy, and help you make confident financial decisions.
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Accredited. Connected. Trusted.

Certified Melbourne Accountants Backed by Australia’s Leading Platforms

Trusted by Melbourne’s medical professionals, ecommerce brands, and local service businesses. We simplify your tax, accounting, and growth strategy.
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Founders, Clinics, and Brands Who Trust Our Numbers

What Our Clients Are Saying

Very professional, highly recommended!!!

Paul M
Extreme MMA

42 have been outstanding for our clinic. They handle our Tax, BAS, payroll, and complex medical structures with absolute precision.

Belinda C
PM of Family First Medical Centre

As an online retailer, our sales move quickly across multiple platforms. 42 Advisory built clear reporting, managed our inventory accounting

Katerina P
CEO of Watches of Mayfair

Fantastic service and such an easy experience from start to finish. My accountant made everything clear and stress-free. Highly recommend!

Maria P
Founder of MWM Pilates

ecommerce guide 42 Advisory

Your Local Melbourne CPA Advantage

Why Melbourne Businesses Choose 42 Advisory as Their CPA Partner

At 42 Advisory, we combine CPA-qualified expertise with a deep understanding of Melbourne’s business landscape. Whether you’re a startup, a medical practice, or a growing SME, our accountants deliver more than compliance — we deliver strategic clarity, transparent pricing, and genuine partnership.

We don’t just lodge and reconcile — we guide. Our team helps you plan your next move with cash-flow forecasts, tax-efficient structures, and strategic advice that supports long-term growth. Compliance keeps you safe; advisory moves you forward.

For Audited, Regulated & Complex Entities

Financial Clarity for Complex Reporting Environments

Some businesses can’t rely on “standard” accounting — they need accuracy and compliance aligned with professional and regulatory standards.

At 42 Advisory, we work with entities that require CPA-level financial oversight — including audited companies, NFPs, and charities, as well as organisations preparing AASB-compliant Special or General Purpose Financial Statements.

Our CPA advisors ensure your reports meet the right framework, whether it’s AASB 16 for leases, AASB 15 for revenue recognition, or detailed disclosures for your auditors.

We bring precision to every number — from asset schedules to milestone-based income — so you’re always audit-ready and fully compliant.

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“Illustration of business advisor analysing growth charts and performance metrics, symbolising 42 Advisory’s data-driven financial strategy services.

Comprehensive CPA Advisory Services

Compliance, Accuracy & Assurance — Delivered Together

Our CPA Advisory services provide technical expertise and meticulous reporting for organisations with complex accounting requirements.

Core Services Include:


✅ AASB-Compliant Financial Statements – Preparation of Special Purpose or General Purpose Financial Reports under AASB standards.
✅ Audit Preparation & Liaison – We ensure your accounts are complete, reconciled, and fully audit-ready.
✅ Lease Attribution & Recognition (AASB 16) – Accurate lease classification and calculation for right-of-use assets and liabilities.
✅ Revenue Recognition (AASB 15) – Recognition aligned with milestones, deliverables, or contractual agreements.
✅ Comprehensive Asset Register Management – Track useful life, depreciation, revaluations, and disposals across accounting and tax bases.
✅ Hire Purchase & Prepayment Schedules – Detailed reconciliations that align with audit and disclosure standards.
✅ Charity & NFP Accounting Support – Ensure compliance with ACNC and state reporting frameworks, including governance disclosures.

 

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Why CPA Oversight Matters

Professional Standards. Practical Insight.

As a CPA-accredited practice, we deliver the depth of compliance your business or organisation needs — without unnecessary complexity.
We help clients who demand precision, audit transparency, and adherence to accounting standards — whether you’re managing a charity, a complex trust, or an enterprise with regulatory oversight.

Our team combines advanced accounting systems with hands-on expertise to ensure accuracy from the balance sheet to the boardroom.

“We speak your language — compliance, control, and confidence.”
With 42 Advisory, you get reports that satisfy your auditors and insights that help you make better business decisions.

Understanding CPA Accountants — Common Questions Answered

CPA Accountant FAQs for Melbourne Businesses & Professionals

What is a CPA accountant?

A CPA (Certified Practising Accountant) is a professionally qualified accountant recognised by CPA Australia. They meet strict education, ethics, and experience standards — ensuring your financial advice and reporting comply with Australian regulations.

Is a CPA the same as an accountant?

All CPAs are accountants, but not all accountants are CPAs. A CPA holds postgraduate certification and ongoing professional development, while a standard accountant may only have an undergraduate degree.

Is a CPA better than an accountant?

A CPA offers additional expertise in tax strategy, financial forecasting, and compliance auditing. For complex business decisions or regulatory compliance, a CPA provides deeper advisory support.

How do you become a CPA accountant in Australia?

To become a CPA in Australia, you must:
1️⃣ Complete a recognised accounting degree
2️⃣ Gain relevant work experience
3️⃣ Pass the CPA Program exams
4️⃣ Commit to ongoing professional development

Are CPA fees or tax accountant fees deductible?

Yes — fees paid to registered tax agents or CPA accountants for preparing and lodging your tax returns are tax-deductible under Australian Taxation Office (ATO) guidelines.

Learn. Plan. Grow.

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