http://www.yo2go.com/how-to-start-my-bookkeeping-business/ Book keeping, bookkeeper, bookeeping, MYOB,Quickbooks Mon, 23 Jan 2012 11:36:39 +0000 hourly 1 http://www.yo2go.com/how-to-start-my-bookkeeping-business/comment-page-1/#comment-13 John Sun, 30 Dec 2007 21:26:56 +0000 http://www.yo2go.com/how-to-start-my-bookkeeping-business/#comment-13 All the Australian Government seems interested in is making sure it collects the correct taxes! So they want to ensure that bookkeepers are competant in reporting the correct taxes owed by business owners. Some Accountants and Tax Agents feel they are "missing out" on income opportunities after their years of study in keeping up with taxation legislation, meanwhile bookkeepers have not needed to stay in line with changes to tax laws. Now the Government is in a dilemma trying to define at what stage bookkeeping is goes beyond recording daily entries, and when does the bookkeeping work fall under the Taxation Legislation and become work that can only be carried out by a Registered Tax Agent? All the Australian Government seems interested in is making sure it collects the correct taxes!
So they want to ensure that bookkeepers are competant in reporting the correct taxes owed by business owners.
Some Accountants and Tax Agents feel they are “missing out” on income opportunities after their years of study in keeping up with taxation legislation, meanwhile bookkeepers have not needed to stay in line with changes to tax laws.
Now the Government is in a dilemma trying to define at what stage bookkeeping is goes beyond recording daily entries, and when does the bookkeeping work fall under the Taxation Legislation and become work that can only be carried out by a Registered Tax Agent?

]]> http://www.yo2go.com/how-to-start-my-bookkeeping-business/comment-page-1/#comment-12 Hazary Sun, 30 Dec 2007 15:40:01 +0000 http://www.yo2go.com/how-to-start-my-bookkeeping-business/#comment-12 It is rather strange to me to know that a rich and Developed Country like Australia is finding difficult in knowing the basic function of a book-keeper. The basic function of a book-keeper is to record the daily entries into the basic book of Accounting such as:Purchases day book,Sales day book, Purchase return day book,and sales return day book etc.They're trying to include more than those mentioned eg.payroll.petty cash, national insurance and tax deductions,the book-keeper's work must always be supervise by the company's Accountants for his work to be of any value.In my own opinion passing legislations which will in crest the responsibilities of the book-keeper is good on one, but on the other hand it is removing the well Established International rules and regulations that is required from the CPA. Certified public Accountant, is ti because in recent times the white color crimes are on the increase (Aurthur Anderson, Ken lay etc.) do you remember them, lets wait and see, i suspect this legislation will only be use in Australia , but it must be in with the well established International Accounting practices . Thanks for the opportunity. It is rather strange to me to know that a rich and Developed Country like Australia is finding difficult in knowing the basic function of a book-keeper. The basic function of a book-keeper is to record the daily entries into the basic book of Accounting such as:Purchases day book,Sales day book, Purchase return day book,and sales return day book etc.They’re trying to include more than those mentioned eg.payroll.petty cash, national insurance and tax deductions,the book-keeper’s work must always be supervise by the company’s Accountants for his work to be of any value.In my own opinion passing legislations which will in crest the responsibilities of the book-keeper is good on one, but on the other hand it is removing the well Established International rules and regulations that is required from the CPA. Certified public Accountant, is ti because in recent times the white color crimes are on the increase (Aurthur Anderson, Ken lay etc.) do you remember them, lets wait and see, i suspect this legislation will only be use in Australia , but it must be in with the well established International Accounting practices . Thanks for the opportunity.

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