Accountants for Professional Service Businesses

Our tailored solutions support the specific challenges of service-based businesses, so your structure, reporting, and strategy are always aligned.

Let us handle compliance, reporting, and forecasting—so you can focus on what you do best: delivering expert advice to your clients.

At MGI Dobbyn Carafa, we understand the unique challenges faced by professional services firms. Whether you're in legal, consulting, engineering, or other advisory sectors, your success hinges on efficient operations, compliance, and strategic financial management. Our tailored accounting solutions are designed to support your firm's growth and sustainability.

Leveraging our membership with MGI Worldwide, a top 20 international accounting network, MGI Dobbyn Carafa combines global reach with local know-how to deliver exceptional service to professional services firms. This affiliation provides us with access to international expertise, best-practice insights, and real-time updates on global tax, compliance, and regulatory developments—benefits that are especially valuable for firms with cross-border operations or international clients. 

 

We help streamline your firm’s financial operations, ensuring efficient cash flow management, accurate billing, and timely collections. Our experts also assist in structuring your business for tax efficiency, optimising partner distributions, and safeguarding long-term financial health. With our strategic insights, we empower your firm to make data-driven decisions, minimise financial risks, and unlock new growth opportunities. 

Tax Accountants Melbourne
Assurance Services Development

Enhanced Profitability Through Insightful Reporting and Advisory 

Understanding your firm’s financial performance in real-time is essential to staying competitive. MGI Dobbyn Carafa goes beyond compliance to deliver insightful reporting that empowers firm leaders to make informed decisions. We track key professional services metrics—like utilisation rates, average billing per employee, realisation rates, and cash flow cycles—to identify hidden inefficiencies and growth opportunities. Combined with our proactive advisory services, we help you shift from reactive to strategic financial management—enabling better pricing, smarter resource planning, and stronger profitability. 

Assurance Services

Deep Sector Knowledge with Personalised Financial Strategy 

At MGI Dobbyn Carafa, we understand that no two professional services firms operate the same. Whether you’re managing client matters in a legal practice, billing by the hour in a consulting firm, or juggling project phases in an architectural studio, your financial strategy needs to reflect the nuances of your business. Our team brings deep experience across the professional services landscape, allowing us to offer bespoke financial solutions—from managing work-in-progress and partner equity structures to optimising tax efficiency and billing models. 

But don't just take our word for it...
Reviews & feedback
Louise Dawson
Louise Dawson
CEO Australia and New Zealand - DefibsPlus
"We have engaged MGI Dobbyn Carafa for the last 10 years for professional services. We continued to be extremely satisfied with their services as they help us to navigate through a continually challenging compliant landscape in business. MGI Dobbyn Carafa are innovative, professional with a friendly family style which is very disarming when you may feel overwhelmed with the challenges of growing a business."
Simon Meers
Managing Director - AirMet Scientific
"The team at MGIDC provide exceptional business support providing a detailed analysis of our company's financial performance and corporate governance, together with big picutre strategic planning."
Matthew Bleeze
General Manager - Air Powered Services
"We found the D+C team was very easy to work with and provided an efficient, effective, and easy to manage solution and approach to the task. Overall, D+C took the time to get to know about our business and helped create a tailored solution that perfectly suited our needs.”
Mark Emerson
Managing Director - Lighthouse Corporate Coaching
"Anthony has an excellent grasp of the financial drivers of profitability; thinks deeply and effectively about solutions to roadblocks confronting our clients and gets the job done in a timely and effective manner."
Fouad Elsaadi
Operations Manager - Exergenics
“Abhishek Sharma and his team stood out for making the audit process seamless and informative. The MGIDC was always readily available to address our questions and concerns. Their responsiveness created a collaborative and efficient atmosphere, ensuring the audit progressed smoothly.”
Michael Zeng
Michael Zeng
Autorola
"We are very grateful to have MGIDC as our accountants and auditors. Their expertise has been instrumental in managing our financial affairs. From preparing financial statements to advisory services and auditing, Devan, Abi, and the team have consistently demonstrated a high level of professionalism and dedication. Their ability to navigate complex financial matters, meet deadlines, and provide clear, insightful advice has not only saved us money but also given us peace of mind. I appreciate their proactive approach, responsiveness, and the customized service they consistently deliver. We highly recommend MGIDC to anyone seeking a reliable and knowledgeable partner in managing their financial well-being."
John
John Micheloudakis
Air Powered Services
"MGIDC has consistently delivered top-notch services that have greatly contributed to the success of our business. Their attention to detail, and innovative solutions have set them apart in the industry. It is rare to find a supplier that not only meets but exceeds expectations consistently, and MGIDC has managed to do just that. What sets MGIDC apart is not only the quality of their offerings but also their commitment to customer satisfaction. The team is responsive, accommodating, and always goes the extra mile to ensure our needs are not just met but surpassed. Their dedication to building strong, lasting relationships is a testament to their professionalism and integrity."
Gin
Gin
Cellarhand – Financial Controller
"Thank you to Anthony, Chris, Neil and the whole team. Professional yet caring and supportive across all facets of the business. A total game changer for us. Could not recommend highly enough whether it be accounting services or their unrivalled business negotiation skills. Looking forward to many more years working together."
YPS Group
YPS Group
Client
"The YPS Group have been a longstanding client of MGIDC. Anthony Carafa and his team have played an integral role with our investments, property and construction projects, and family affairs. Throughout the years, MGIDC have assisted us with complex accounting and taxation advisory work, superannuation and succession planning, management and financial reporting, family office, lending, and insurance services. We would like to take this opportunity to thank Anthony for his reliability and ability to consistently provide highly technical and broad services. Most importantly, we would like to thank Anthony for his trustworthy and personal approach, and unwavering support for our projects and our family."
headshot woman
Paula
Client
"Cannot be happier with Nick and the team at MGIDC in handling our accounts. Any questions are answered with professionalism, understanding and patience. Nick always makes himself available to answer any concerns and is always quick to respond to emails with curly questions. Extremely satisfied with every interaction I have with the people at MGIDC and would recommend them highly!"

Our Accounting Services

Professional services demand precision—so does your accounting

We are specialists in Professional Services industry, reach out to us today for a coffee on us, and let’s discuss your specific requirements.

Request a free phone consult
Assurance Services Specific Issue

Financial statements and tax returns

Many organisations undervalue the importance of accurate and timely financial reporting.  Whilst you might not get as excited by the numbers as we do, we pride ourselves of our preparation; and our ability to keep up to date with the latest legislation changes to ensure the best possible tax position for your structure.

Assurance Services Reports

Management Reporting Packs

If you are a proactive business owner…wouldn’t it be nice to have a good grasp on the financial position of your business, with insights provided to help you make decisions NOW.  Well our Management Report Packs allow just that with a full set of financials completed monthly/quarterly, and a detailed analysis provided.  Take the guess work out of running your business.

Assurance Services Analysis

Taxation Planning

Every year, many of our clients participate in our tax planning.  Tax planning is the process of preparing your tax position for the end of the financial year before time, so that you can see what tax implications you may be faced with.  The advantage of seeing it before time, means that we can setup structures or plan the best course to ensure you get the most optimised tax position possible.

Risk Management

Structuring and asset protection

The correct structure setup is not only the best way to ensure you have the most optimal tax structure, it is critical for asset protection.  The risks of operating a business are great; so you need to ensure that you are operating in a structure that offers you the greatest protection.  We help by providing advice around the most optimal structure for you.

Assurance Services Rapid Response

Virtual CFO

The highest performing teams are assembled with mutually reinforcing strengths.  Numbers are our strength…so what better way to ensure that your business is performing optimally than getting one of our team involved on a regular basis.  From Payroll assistance, to cashflow management, our Virtual CFO services will ease your financial management concerns.

Adhoc Assurance Services Checklist

Other compliance

Along with year end compliance, our accounting firm in Melbourne also handles all other regulatory compliance services such as Business Activity Statement preparation, IAS, PAYG summaries, Payroll Tax, Land Tax, R&D concessions and more.

What makes MGI Dobbyn Carafa different?
Big firm capability...small firm relationships

Equipped with a team that has the experience and capabilities of a big firm, but maintaining our deep, personal connection is something we pride ourselves on. Our team are highly supported and we are conscious of wanting to keep our numbers small, but our value high.

est.
2006
Decades of expertise

We have a team of experienced professionals from a diverse range of backgrounds, highly qualified for every business need. Some of the qualifications our team possess include:

Australian Financial Services Licence (AFSL)
CA and CPA qualified Accountants
Chartered Tax Advisors
Registered Company Auditors
Masters of Business Adminstration (MBA)
Real Estate Agents Licence
Xero Certified Advisors
+87
Client Net Promoter Score®

We take great pride in our customer service and the deep relationships we have with our clients and we are humbled to learn that our clients feel the same way.

5.33 out of 6 for client satisfaction
5 out of 6 for relationship satisfaction
100% of clients surveyed feel MGIDC positioned to help with acheiving their goals
71% of clients surveyed have annual revenue above $10M, employing 50+ staff
+84
Employee Net Promoter Score®

Much like client NPS®, we take great pride in our employee engagement and the deep relationships we have with our team as we support them on their professional journey.

8.67 out of 10 for employee satisfaction
8.5 out of 10 for career empowerment
Fun; Family; Food - 3 most common words to describe the culture at MGIDC

Meet Our Tax Accountants

Our Core Services

Accounting, Tax & Advisory

Audit & Assurance

Blockchain & Crypto Advisory

Business Continuity Consulting

Corporate Advisory

Family Office

Lending and Finance

Business Sale Advisory

Assurance Services Reports

Management Reporting

Risk Advisory

Sell My Business

Strategic Consulting

Succession Planning

Assurance Services Analysis

Virtual CFO

Frequently asked questions about Tax and Accounting

Yes, our team has in-depth experience navigating the ever-changing regulatory landscape impacting professional services firms. We help you stay compliant with tax obligations, industry regulations, and relevant professional standards. We also support you through audits and assist with ASIC and ATO lodgements to ensure you’re always up-to-date and protected from unnecessary risks or penalties. 

MGI Dobbyn Carafa provides tailored accounting and advisory services specifically for firms operating in the professional services sector, such as legal, architectural, consulting, and engineering firms. We understand the importance of balancing client service delivery with operational efficiency. Our services include everything from day-to-day bookkeeping and payroll to business structuring, cash flow forecasting, and profit improvement strategies—all designed to support scalable, sustainable growth. 

Yes, and this is one of our core strengths. We go beyond traditional accounting to offer strategic business advice that helps you drive long-term success. This includes succession planning, business valuations, growth strategies, and even partner performance reviews. Our advisors work alongside your leadership team to support your vision and ensure you have a clear financial roadmap to get there. 

Have we piqued your interest?

Let us buy you a coffee to discuss your requirements.

Request a free phone consult
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