Industries We Work With

Your Expert AFSL Accountants

We have extensive experience working with companies in the financial services industry. Our team of qualified accountants are experts in navigating the complex regulatory landscape surrounding Australian Financial Services Licences (AFSL), making us the ideal partner for AFSL accounting and compliance.

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How We Can Help

How AFSL Accounting Firms Can Help

The Australian financial services industry is highly regulated. AFS Licensees are required to lodge annual accounts and audit reports using forms FS70 and FS71 in order to comply with their licence conditions. Complying with AFSL requirements can be time-consuming and challenging, making it difficult for businesses to stay compliant and manage risk effectively.

AFSL requirements change frequently, and AFSL holders must continue to meet specific reporting requirements. This complex regulatory environment leaves companies in the financial services industry open to non-compliance, which can lead to heavy penalties or even loss of your licence.

Our team of experienced accountants and financial advisors can work closely with our financial services clients to ensure that they meet all of their regulatory obligations while also maximising their financial performance.

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Our Services

Our AFSL Accounting Services

We offer a wide range of accounting services for AFSL companies to help them continue to ensure compliance and meet their business and financial goals. Our extensive experience with companies in the finance industry means that we have developed an extensive array of guidelines and procedures to help companies ensure that they are working to comply with current legislation as required.

It’s critical for AFSL holders to implement comprehensive compliance programs. We can assist by providing guidance and compliance programs which are specifically tailored to the business.

Testimonials

Listen to what our clients have to say!
We engaged JD Scott & Co to assist us with year end financial reporting. They are a highly professional firm, with deep experience and provided us with quality solutions.
Brenton Charnley
COO, Cover Genius
We retained JD Scott + Co to assist us in preparing a forecast model for the expansion of our business. They were able to tackle complex problems and succinctly communicate solutions for us.
Ben Mayo
CEO, Express Settlement
Great service, responsive and great advice
Edward Sin
Sine Projects Pty Ltd
l found JD Scott & Co fairly randomly through a Google search, and I'm so happy I did. James has been very responsive, got on top of our overdue stuff very quickly, has been very patient in explaining things to me and proactive in flagging potential areas to investigate for savings or other benefits. Thanks James!
Joanne Jenkins
James assisted us greatly over a difficult year end period. He was able to promptly get on top of the issues and put forward workable solutions, by coupling strong technical skills with practical experience. I will strongly recommend JD Scott + Co to Finance leaders that need personalised attention from a senior, experienced finance professional as a credible alternative to bigger firms.
Himanshu Kher
CFO, Axi Financial
Great service and support by James and his friendly team across various topics. Worked with them for the past 2 years, highly recommended.
Tony Zabel
Strategy Manager, BeforePay
Great service and support by James and his friendly team across various topics. Worked with them for the past 2 years, highly recommended.
Shoaib Mughal
Founder and Director Marketix Digital
JD Scott + Co has been a great help in getting our tax situation sorted.
Nick White
Owner - Since I left you
At Centricity Wealth we started working with James in 2020 needing help with year-end-reporting and to tidy up the tax for our small business. From the start, James made sure to understand where we were at with our accounting and to determine what needed to be done to tidy up our tax. Having helped us to get on top of thinks, he continued to support us with practical solutions and advice. Working with James gives us peace of mind that our accounting is taken care of and having someone so experienced in our corner, makes all the difference.
Callie Scheffer
Centricity Wealth
James, Janet, and the entire team at JD Scott + Co have been fantastic. Their expertise and unwavering support has been instrumental in helping take our business to new levels. From understanding our financials to strategic tax planning, they have been invaluable partners. Their deep industry knowledge and attention to detail have provided us with a comprehensive understanding of our financials. Their insights and guidance helped us to make informed decisions and navigate complex financial matters with confidence. If you're looking for an accounting firm that can help you and your business, we highly recommend the exceptional team at JD Scott + Co. They really do go above and beyond!
Reece Richardson
Director, Excolo Recruitment
I cannot speak more highly of James and his team at JD Scott + Co. The support they have provided me with across my personal and professional finances, small business bookkeeping, cashflow and tax planning has been invaluable. James works with transparency, care and authenticity. I have great peace of mind that I have a dedicated and professional team across all of my financial needs.
Sarah Bolitho
Founder and CEO, Levyl Recruitment
James has been interim CFO of Techstacked for the past two years and actively supported the growth of the business. His skills and advice have been invaluable in supporting the business as it grows.
Rohit Bhuta
CEO, Techstacked
Financial Services FAQ’s

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