Power Tynan joins Walker Wayland as a new Member Firm

Walker Wayland Australasia provides international boost for Toowoomba businesses

MONDAY, SEPTEMBER 3, 2012 – Many businesses in the Toowoomba region of south-east Queensland are gaining an international boost in their financial support following a move by local accounting firm Power Tynan.

Business owners and managers in the region can now draw on the extensive resources and experience of the expanding Walker Wayland Australasia accounting and business services network following the announcement that Power Tynan is now a part of the group.

Power Tynan employs about 65 staff across three offices in Toowoomba, Stanthorpe and Roma. The group includes 10 equity owners and generates revenues of about $8.5 million per annum.

CEO Paul Hilton said: “We are a strong regional firm. Now we can offer our clients all the resources of a large national or multi-national accounting firm while maintaining the personal touch for which we are well known. This move opens great growth potential for us.”

Hilton said that Power Tynan has a broad client base across a range of industries, from manufacturing, retail and small business to mining services.

The Chairman of Walker Wayland Australasia, Grant Allsopp, welcomed Paul Hilton and his team to the network.

“The people at Power Tynan bring a wide range of skills and capabilities to our community,” said Allsopp. “Their knowledge of regional business issues and the mining sector in particular will be invaluable as we continue to grow.”

Paul Hilton sees membership of the network as a two-way flow of information and resources for Power Tynan’s clients.

“We can call on the resources of Walker Wayland Australasia’s members across Australia and New Zealand to help solve problems in a way that would not have been possible on our own,” he said. “Many of our clients have offices beyond our region and as far away as South-east Asia and America. This decision gives us the resources to support them even better.”

Hilton said he was also looking forward to taking advantage of the secondment program throughout the Walker Wayland network.

“This will allow us to offer our people the chance to work for a time in, say, Sydney or Melbourne or Auckland to gain broader experience. At the same time we can bring highly skilled people from other Walker Wayland offices to work with us on specific projects.”

Hilton said that Power Tynan is actively involved with the community. The firm operates a charitable trust that raises about $20,000 each year to support the needy in the region. It also offers a scholarship program for Toowoomba’s newly graduated Year 12 school students.

“We offer full-time employment in one of our offices, allowing the young people to study accountancy part-time,” said Hilton. “We cover their HECS dues while they work and study. We recently welcomed our first graduate to a fully qualified accountancy role in the firm.”
 
For more information about Walker Wayland Australasia, go to the Web site wwaustralasia.com or call Chairman Grant Allsopp on +61 2 9951 5400.

For more information about Power Tynan, go to the Web site, www.powertynan.com.au or call +61 7 4632 9873.