LCL Accounting Profile

LCL Accounting is founded by a group of talent accountants. The company is providing business finance management, financial reporting, virtual CFO, accounting, payroll, and bookkeeping services. LCL Accounting is specialised in working with not-for -profit organisations (NFP), Government funded Cooperative Research Centres (CRC), and startup technology companies. 

We are experts in

With over 20 years of combined experience in not-for-profit organisations (NFP) and Australian Government funded Cooperative Research Centres (CRC), we have comprehensive knowledge of how these entities operate. Our vision at LCL Accounting is to provide our clients most accurate and timely financial information to help them solve the problems or take advantage of opportunities. We understand that budgets are generally tight in NFP and CRC. There are many specific reporting requirements by the regulators. We have got solutions to deal with these challenges.

finance department

In today’s environment, lots of SMEs and NFP often struggle to have an entire on-site finance department. Our shared services model and virtual finance department services are the best solutions to help you manage the entire finance functions. We implement technology and platforms that make your operations easy. We provide full accounting services from Accounts Payables, Accounts Receivables, Payroll, Bank Reconciliation through to Month End Journals and Financial Reporting. Virtual finance department gives you the freedom to control the cost and focus on your mission.

We tailor our services to
meet your needs

No matter if your needs are small or large, at LCL Accounting we have the ultimate resources and skills to meet your specific needs. Every service we provide is delivered to the highest quality and standards by ensuring compliance, efficiency, and effectiveness.  

Our Team

Liang Yu

Founder and Managing Director

Liang is the founder and managing director of LCL Accounting, a reliable accounting firm specialised in working with not-for-profit organisations (NFP) and Government funded Cooperative Research Centres (CRC).

Liang is a highly motivated and results driven CPA qualified accountant who spent more than ten years in NFP and CRC sectors. He holds a Bachelor of Business degree through University of Technology Sydney. His areas of specialty include organisational management and governance, strategic analysis, budget, cashflow forecasting, consulting, project accounting, and financial program implementation.

Prior to founding LCL Accounting, Liang held a number of senior finance leadership roles with Capital Markets CRC, SIRCA, Food Agility CRC, RoZetta Technology, and Digital Health CRC. He is passionate about the not-for-profit sector and the important role that it plays within the community.

Chelsea Zhang


Chelsea has a strong background in non-for-profit and CRC sectors. She has a passion for numbers and delivering valuable financial information. Chelsea is the CFO at Food Agility CRC Ltd, a $150 million innovation hub creating new digital technologies and services to benefit the Australian agrifood industry.

Chelsea is a fully qualified CPA (AU) and holds a Master of Professional Accounting degree through University of Sydney. She worked in a professional accounting environment with Capital Markets CRC, SIRCA, RoZetta Technology, and Intersect Australia Ltd.

Lucy Nguyen

Finance Business Partner

Lucy graduated as Bachelor of Applied Finance from Macquarie University and Master of Professional Accounting from Kaplan Business School. She has a strong academic background in both finance and accounting. Her experience includes budget, cashflow forecast, and financial reporting, especially in non-for-profit accounting environments. Lucy is a fully qualified member of CPA.

Before joining LCL Accounting as a Finance Business Partner, Lucy held several senior accounting roles at Capital Markets CRC, SIRCA, Rozetta Technology, Digital Health CRC, and Intersect Australia Ltd. She has been a valuable part of the not-for-profit Accounting Specialists Team for a number of years and provides accounting services and financial advice to a portfolio of not-for-profit clients.

Nancy Wang


Nancy is a proactive and reliable Accountant at LCL Accounting. She holds a Master of Accounting and Finance degree through the University of Adelaide and a RG146 investment and managed fund (personal advice) certificate through Kaplan Business School. She is now an associate member of CPA and currently working on becoming a full member.

Before joining LCL Accounting as an Accountant, Nancy has a demonstrated history of working in finance and digital currency industry, skilled in bookkeeping, payroll and AFSL compliance.  She is always passionate along the accounting journey and always be grateful to continue exploring.

Fiona Xiao


Fiona is a detail-oriented Accountant at LCL Accounting. She holds a Bachelor of Commerce (Major in Accounting) degree through Macquarie University. She is an accounting expert with a recognised history of reliability in this field. Her experience ranges from basic bookkeeping functions to periodic reporting for both domestic and international entities. Fiona is currently working towards her full CPA accreditation.

Before joining LCL Accounting as an Accountant, Fiona gained experience filling roles within the accounting industry sharpening her skills and building her knowledge. She has proven her competency with a wide array of accounting operations. She always aims to deliver excellent performance.

Ana Gardiner


Ana has more than 15 years’ experience working across Fintech, Media, Not-for-Profit and Distribution. She has considerable experience in corporate accounting, project accounting, management accounting and financial accounting. Ana is multilingual. She has passion for outstanding results about her work. She holds Bachelor of International Business Studies and Advanced Diploma of Accounting. 

Ana is a team player with strong communication and client management skills. She has the ability to juggle multiple tasks and work under pressure.