Sean Augustin

Sean is a Director in the Business Services team at BDO in Adelaide. He provides accounting, tax and advisory services to clients from a broad range of industries.  

Sean helps clients solve problems and grow their business by understanding their current situation and future goals. He focuses on outcomes to shape strategy and assists with budgeting, reporting frameworks, resource planning and restructuring, enabling owners to make informed and effective decisions.  

Sean takes an agile approach to supporting businesses, corporate groups, high-net-worth individuals and family enterprises no matter where they are on their journey. Whether undertaking due diligence on a business purchase, managing growth, contemplating sale versus succession or preserving wealth after an exit, he delivers personalised advice and services tailored to each client’s unique situation.  

Expertise

• Accounting and tax compliance services  
• Business growth
• Business strategy and planning
• Budgeting, reforecasting and cash management reporting 
• Business performance management including benchmarking  
• Forward looking financial modelling simulating potential acquisition/divestment of an asset or business, including transactional costs 
• Board reporting and advisory services 
• Outsourced accounting and bookkeeping solutions 
• Research and preparation of reports on various tax, restructuring and sale matters  
• Income tax, goods and services tax (GST), fringe benefits tax (FBT), state taxes and small business capital gains tax (CGT) concessions 
• Business finance applications and ongoing bank covenant reporting 
• Supporting enterprising families through a single, coordinated approach to sustaining and growing intergenerational wealth, including outsourced bookkeeping, reporting, structuring, succession versus sale considerations and family governance 

Experience

Property development

• Private companies:  
  • Assisting with financing applications and development modelling plus managing ongoing bank covenant reporting 
  • Structuring considerations 
  • Budgeting, reforecasting and cash management reporting 
  • Shareholder presentations 
  • Working with lawyers on matters including application of margin scheme, sale contracts and put and call options  

Holiday parks

• Private corporate groups: 
  • Due diligence on leasehold and freehold park acquisitions including benchmarking for review of normalised EBITDA multiples  
  • Model sale of park’s effect on group cashflows and debt structure including tax and transactional costs 
  • Board reporting on a park-by-park basis and consolidated view of the business  
• Small-to-medium enterprise (SME) business services:   
  • Budgeting, reforecasting and management reporting 
  • Application of CGT concessions on sale of business 
  • Virtual CFO engagements involving day-to-day bookkeeping, payroll, periodic reporting plus compliance and tax work 
  • Sale of business versus sale of shares advice and modelling, incorporating small business CGT concessions 
• Local councils: 
  • Financial modelling assignments to understand cashflows when buying and operating a park 
  • Scenario analysis on lease versus retain and operate options 
• New clients - GST review assignments 
• Stamp duty case management 

Professional services

• Private companies: 
  • Advice on business succession, rollover restructuring options and CGT implications upon exit 
  • Tax planning across trading entities, trusts and individuals incorporating dividend strategies and retained earnings targets 

Online retail

• Business services:
  • Assist Amazon Private sellers account for stock on hand and cost of goods sold to gain a better understanding of the performance of their business
  • Budgeting and cash flow planning incorporating international currency exchange, stock procurement and shipping timeframes

Family Office

• Business services: 
  • Advisory assignments such as structuring and modelling cashflows from operating to investment entities to support family growth and diversification  
  • Dividend, distribution and tax planning for family groups 
  • Serving as a single, confidential point of coordination for families’ business and wealth enterprise 
  • Facilitating succession planning versus sale discussions 
  • Guidance on family governance frameworks   

 Qualifications and affiliations

• Chartered Accountant and Member, CA ANZ 
• Master of Accounting 
• Bachelor of Education 

 Professional engagements and activities

• Board member, South Adelaide Football Club