maintenance

Become a Member
Resources
Insights
Events
Education
Membership
About us
Contact us
  Miscellaneous 2006

Risk managing your documentation

Source: South Australia

Published Date: 5 May 2006

 

Sorry, this content is for members only.

To get access to this and 25,000 other premium articles, books, videos and webinars sign up toour members program.

Already a Member? Login Now

Subscribe Now

Already a Member? Login Now

Accounting practices with SME clients are often responsible for maintaining the statutory records and many of the accounting records for their clients. So what should advisors retain on their files? This paper discusses:

  • what records must be maintained by law for various entities?
  • what are the specific income tax and GST requirements regarding record-keeping?
  • the Commissioner's powers of access to books, records and accountants’ working papers
  • what work papers should (and should not) be maintained in files?
  • internal quality control procedures
  • what the ATO may be looking for in the event of a review / audit?
Author(s)

Individual Session

Risk managing your documentation

Author(s): Michael Fairlie , Karen Adams
Materials from this session:

Download

Details

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Tags

Miscellaneous 2006

Share this page