What we do
What we prepare for QBCC
QBCC asks for two things. A yearly report on where the business sits, and a fresh submission whenever something material changes.
Annual financial reporting
MFR reports and changes
When revenue grows past what your category allows, when you change category, or when you apply for a licence, QBCC wants a report from a qualified accountant. Michael Wiseman (IPA) and Kris Dieckmann (CPA) prepare these in house.
Our approach
Get the numbers right before QBCC asks for them.
What you lodge with QBCC shapes the work your licence lets you take on.
Most QBCC problems start the same way. The report gets built at the last minute, from figures that were never prepared with the licence in mind. A condition or a downgrade lands in the middle of a tender, and by then the options have narrowed.
We already hold your numbers, so the reporting is a continuation of work in progress rather than a scramble. Where revenue is climbing or the structure is shifting, that is a conversation to have during the year, while there is still room to act on it.
One team, start to finish
The people who keep your books prepare your QBCC reporting, so the figures agree and you are not explaining the business twice.
Category and asset tests
Your category sets the revenue you can turn over, and net tangible assets sit behind it. We keep both in view, not checked once a year.
Planned, not last minute
Reporting handled on a known timetable, so nothing is assembled the week it is due and no surprises reach QBCC ahead of you.
Structure that holds up
Retained profits, loan accounts and where plant is owned all move the position. We build the structure with the licence in mind.
Why Wiseman
Deliberately focused on you
Rather than serving every kind of business, we’ve built our practice around growth-minded, family-owned businesses. Here’s what that means in practice.
Built for family business
We focus on established, family-owned businesses turning over $1M or more, with real depth in construction, professional services and real estate.
A dedicated client manager
Your advice comes from an experienced client manager who knows your business.
Independent & conflict-free
We don’t sell financial products, lending or property. Nothing we recommend is shaped by what we have to sell.
Proactive all year
Regular advisory meetings and Xero-based KPI monitoring, so we help you plan ahead rather than only reporting on the year that’s already gone.
Value, not price
We compete on the quality of advice and the results it drives, a long-term partnership, not the cheapest return in town.
Genuinely local
An Ipswich firm that understands South East Queensland business, growing alongside the owners we work with.
Can Wiseman Accountants prepare our MFR report?
Yes, in house. QBCC requires the report to come from a qualified accountant, and both directors hold qualifying memberships: Michael Wiseman with the Institute of Public Accountants and Kris Dieckmann as a CPA.
What happens if our revenue grows past what our category allows?
You need to go back to QBCC with updated financial information rather than wait for the annual cycle. The earlier we know revenue is climbing, the more room there is to prepare the position properly instead of reacting to it.
When is our QBCC reporting due?
Due dates depend on your licence category. We confirm your dates with you and work back from them, so the reporting is not one more thing to keep track of on top of running jobs.
Do you have to do our regular accounting as well?
It works better when we do, because the QBCC reporting then comes straight out of accounts we already maintain. See our construction accountants page for what the wider relationship covers.
What do you need from us to get started?
Access to your current accounting file, your licence details and category, and a conversation about where the business is heading. Most of what QBCC wants is already in the numbers if those numbers are in good order.
We are applying for a licence for the first time. Can you help?
Yes. A first application is a good moment to get the structure right, because how the entity is set up affects both the position you can present now and the work you can take on later.
