WELCOME TO FIVE ELEMENTS ACCOUNTING & ADVISORY

The business environment is getting more challenging than ever due to COVID-19. The role of accountants has become even more important due to the COVID-19 pandemic, as businesses require assistance in meeting the requirements for state and federal government grants and payments.

Most small business owners often fail to make the best management decisions because it is difficult for them to obtain timely advice from a qualified adviser.

In difficult times, small business owners require guidance from a knowledgeable advisor.

I often compare Accounting & Cash-flow to Blood vessels & Blood circulation.

A business is like a live organism. Just as healthy blood vessels are vital for good blood circulation, good accounting practices are vital for good cash flow. Our priority is to improve your accounting practices in order to find the best solution for your business.

You can enjoy the benefit of hiring an accounting personnel as well as an external tax expert by engaging us. We, 5ECA, will provide you and your business with a bespoke total care service at a reasonable price.

We are confident that our services will revolutionize the accounting and tax services industry. You will benefit from having a Chartered Accountant on your team at a fixed price.

Our full package service includes all the services you need.

  • Bookkeeping & Payroll service
  • Tax support
  • Financial Reporting
  • Business advisory
  • Xero and
  • Other support services
    (Ad hoc tasks, applications for COVID-19 related state / federal government grants and payments. etc.)

Details of the service can be found on the Service page.

Five Elements Accountant

By the clients, of the clients, for the clients,

shall lead you to success.

WE AIM TO ACHIEVE

100% CLIENT SATISFACTION

We aim to satisfy your needs 100%. From data entry to management consulting, we will not miss even the smallest things and assist you as your business partner.

WE DELIVER

THE SERVICES
YOU WANT

We not only provide standardised services but also provide customised services that our clients need. We will help you manage your business with deep insights beyond numbers.

WE ARE YOUR BUSINESS PARTNER

YOU CAN
RELY ON

We are your business partner you can rely on. We are committed to serving only a limited number of clients, so we can be there to help you when you need us. You are a priority for us.

About Michael

Michael Jeon, Principal


CA ANZ, Tax Agent, AICPA

Michael Jeon is a Principal who holds qualifications as a Registered Tax Agent and a member of both Chartered Accountant ANZ and the American Institute of Certified Public Accountants. He has over 20 years of multinational experience in accounting, tax, and management, gained from working at both public and commercial accounting firms.

Michael’s experience includes performing audit, tax compliance, and consulting services at Ernst & Young in the U.S and With Accounting in Korea. Since migrating to Australia, he has focused on tax compliance for SME clients at PAG and KC Accounting.

As a commercial accounting manager, Michael has successfully provided various services, including fund management, implementation of strong internal control structures, and financial reporting for internal/external information users. His strength lies in his ability to assist clients in making the best decisions possible for their businesses.

Based on his extensive experience, Michael promises not only to solve problems but also to provide balanced solutions for clients’ businesses as a whole.

Dear Client

Our team at 5ECA would be delighted to assist you in overcoming any challenges you may be facing through our consultation services.

We offer free pre-engagement consultations, and any additional costs beyond the fees outlined in the engagement letter will be communicated to you before providing the relevant services.

Please note that the monthly transaction volume and payroll numbers are subject to a maximum allowance of 120% of the figures specified in the engagement letter. Service fees are payable monthly on the date specified in the engagement letter, via Practice Ignition’s payment system.

Thank you for considering our services. Please do not hesitate to contact us if you have any further questions.

Best regards,
Michael Jeon CA ANZ, Principal