We help to get Solutions!
PAFS Is Your Reliable Finance Outsourcing partner who handles all your finance and accounting hassles while letting you focus on the bigger picture.
With our integrated suite of services, we aim to add value to our clients’ business and give them peace of mind as they focus on achieving their core business objectives.
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Our Services
Bookkeeping
To provide exceptional bookkeeping services that empower our clients to succeed.We aim to take the burden of bookkeeping off your shoulders,allowing you to focus on your Goals
BAS & PAYG
Business Activity Statement (BAS) & Pay As You Go (PAYG) are crucial tax reporting requirement for businesses operating and used by the ATO to collect information on various tax obligations
Payroll & Superannuation
Payroll ensures employees receive their compensation accurately and on time, while superannuation contributes to their long-term financial security.
Account Payable & Receivable
We stay up-to-date with the latest trends, regulations, and best practices in the world of finance to ensure that your financial operations are always in good hands.
Reconciliations
Our dedicated team of reconciliation experts is equipped with the knowledge and technology needed to provide you with the highest level of service.
Cash Flow Forecast
At Prime Accounting First Services,We specialize in helping businesses gain financial clarity, make informed decisions, and achieve sustainable growth.
Budgeting & Variance Analysis
Budgeting & Variance Analysis provide a roadmap for financial success by helping organizations plan, track, and control their financial resources effectively.
Financial Reporting
It is a dynamic and evolving field that continues to shape the business world. Understanding its principles, standards, and best practices is crucial for companies and stakeholders alike.
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Perfect Solution for your company
Our Work process
Goal & Planning
Any work process is to clearly define the goal or objective of the work. What needs to be achieved, and what is the desired outcome? This may involve setting timelines, allocating resources, and identifying potential risks.
Task, Execution & Control
Tasks are assigned to individuals or teams based on their skills and responsibilities. This is the phase where the actual work is performed by setting a timeline, allocating resources, and identifying potential risks.
Documentation
Effective communication is critical throughout the process where adequate documentation review and evaluation with goal achievement is our final closure of of process with areas of improvement consistent.
Continuous Improvement
Work processes should be subject to continuous improvement with help of your feedback and reviews. Lessons learned from past projects are used to refine processes, making them more efficient and effective over time.
People talking about us
John Cena
Co-Founder Duck Duck Go
"We've been working with PFAS for several years now, and their accounting and finance services have been invaluable to our business. Their team is knowledgeable, responsive, and always goes above and beyond to ensure our financial records are accurate and up-to-date."
Patricia Hill
Accounts Head
"Prime Accounting First Services has been a trusted partner in managing our company's finances. Their attention to detail and expertise in financial analysis have helped us make informed decisions and improve our bottom line. We appreciate their dedication to our success."
Kayla Taylor
Administrator
"I can't say enough about the exceptional service we've received from PAFS. Their team has not only streamlined our accounting processes but also provided valuable financial insights that have allowed us to plan for the future with confidence. They are a true asset to our organization."
Keith Goodman
Company Secretary
"Choosing PAFS for our accounting and finance needs was one of the best decisions we've made. Their team is professional, efficient, and always on top of the latest industry trends. Thanks to their support, we've been able to focus on growing our business."
Dorothy Gonzales Para
Legal Assistant
"I can confidently say that PAFS is a top-tier accounting and finance supplier. Their team's knowledge of tax laws and financial regulations has saved us money and ensured compliance. Their proactive approach to financial planning has given us peace of mind."
We Use following Tools & Software for Ease of Our clients
Frequently asked questions
What is the importance of accounting in business?
Accounting is essential for tracking financial transactions, assessing the financial health of a business, and making informed decisions.
What is GAAP and why is it important?
GAAP stands for Generally Accepted Accounting Principles and is a set of standardized accounting rules and procedures. It ensures consistency and transparency in financial reporting.
What is a balance sheet?
A balance sheet provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.
How can I improve my personal financial management?
You can improve personal financial management by creating a budget, saving, investing, and reducing debt.
What is the difference between a CPA and a CFA?
A CPA (Certified Public Accountant) is focused on accounting and auditing, while a CFA (Chartered Financial Analyst) specializes in investment management and financial analysis.
