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1. Review the Australian Taxation foice web site and identify company tax rates for the current tax year for the following types of entity: a.

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1. Review the Australian Taxation foice web site and identify company tax rates for the current tax year for the following types of entity: a. Small business entity 1:. Non-profit company c. Nonprofit company that are small business entities. . Explain ATCl requirements for businesses regarding GST registration. Explain how the Corporations Act 2oo1 denes a Pty Ltd company and requirements regarding the number of directors and members. . Under the Corporations Act 2on1, how long must a registered company keep its financial records? Explain under what circumstances consolidated accounts must be prepared. . Outline key considerations for a professional accountant in evaluating interests and relationships that may create a conflict of interest and provide three examples of situations which could result in a conflict of interest for a professional accountant

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