What compliance is
Lodgement, BAS, financials, returns. It has to be done well — and increasingly, it's table stakes.
What advisory is
Structuring, forecasting, decision-support, scenario planning, capital decisions. The work that changes where the business ends up.
How to tell what you have
Look at what was on the agenda the last time you sat down with your accountant. If it was last year's return, you have compliance. If it was next year's plan, you have advisory.