Tips for a smooth P&C Audit – Part 2
Did you know there can be as many as a dozen pieces of information an Auditor can ask to review as part of a school’s P&C audit process? We break it down.
Tips for a smooth P&C Audit – Part 1
As auditors, we understand that treasurers are volunteers and are doing their best in an often demanding role. The fear is that auditors are judging the treasurer’s work and giving them a scorecard, which proper prep and methodology will make all the easier.
Meet QAS Audit Manager Shelley Porter
Shelley Porter took the unusual step of finishing university and plunging headfirst into an audit career. At the time, her first employer, KPMG in Darwin, saw something that the agribusiness graduate was yet to appreciate – a keen eye for detail.
Super Reform
What SMSFs absolutely need to consider before 30 June.
Understand the value of SMSF assets at 30 June
If you have assets such as real estate in your SMSF, and to an extent other assets such as collectables, and artwork, you will need to have a current valuation of those assets by 30 June.
10 reasons why assets need to be valued
Asset valuation is a key component in preparing meaningful SMSF financial reports. It has an impact on the returns for members and ultimately, SMSF sector performance as a whole.
Changes made to allow P&Cs to use debit cards
Third party collection for P&Cs has been enabled by the Department of Education and Training (DET) in the latest update to the Accounting Manual
Low income super tax offset contribution
The government will introduce a Low Income Superannuation Tax Offset (LISTO), which will replace the Low Income Superannuation Contribution (LISC) policy that has been repealed from 1 July 2017. LISTO…
