There is particular legislation, regulations and industry codes of practice that relates to the preparation of activity statements. List at least 10 forms of legislation, regulation or codes that will apply.

What advice might the ATO provide in regards to legislation related to taxes reported on activity statements?

Briefly summarise the Professional Code of Conduct that should be adhered to by tax and BAS agents. Conduct independent research as needed.

Under the Code of Professional Conduct, what action should you take if you become aware of discrepancies between what the client has told you and some of the documentation that you have examined?