New Legislative Changes

There are a number of new legislative changes that become effective from 1st March 2010 with the purpose of regulating the Book Keeping industry.

We believe this is a good thing and support these legislative changes.

For example, when utilsing a sub-contractor book keeper, you should make sure that:

1. They provide you with a 'Letter of Engagement' so that you know the service that you are going to be provided with and the fees associated with this;
2. They have Professional Indemnity & Public Liability Insurance Cover;
3. They have the necessary skills, experience and qualifications to provide you with a professional book keeping service;
4. Your BAS should be completed by a Registered BAS Agent.

We are aiming to keep up to date with these legislative changes to make sure that we are ahead of things through the various bodies of interest like AAT (Association of Accounting Technican's Australia) and The Institute of Certified Book Keepers.