will be able to identify compliance and other requirements applicable to business activity by and interpreting complex regulatory and legislative texts. 01 Complete Business activity &instalment activity statements Student nalysing Project 1: Write a 2,500 word report explaining the role of the BAS agent-what a tax or BAS agent must do with regard to preparation and lodgement of BAS and IAS forms. In your report also answer these questions What legislation needs to be complied with and what procedures need to be followed to comply with legislation, regulations and the Code of Professional Conduct? What is a tax agent service? 1. 2. What materials or sources will you use to review, interpret and apply legislation related to taxes reported on activity statements? What reconciliation procedures will you follow? How will you identify lodgement schedule requirements and ensure sufficient funds are available? How will you process accounting data to comply with tax reporting requirements? 3. 4. 5. 6. 7. What payroll activities will be reported on and what reconciliation 8. What forms will be required and how will the BAS and/or IAS be 9. How will you review capital acquisitions & imports while preparing activities will be involved? lodged? activity statements? Project 2. Work on MYOB-BAS exercise as supplied by your trainer & print the following repeo 1. 2. 3. GST (summary-Accrual) report for September 2017 Payroll Activity summary report for September 2017 Business Activity Statement July 2017 to September 2017 will be able to identify compliance and other requirements applicable to business activity by and interpreting complex regulatory and legislative texts. 01 Complete Business activity &instalment activity statements Student nalysing Project 1: Write a 2,500 word report explaining the role of the BAS agent-what a tax or BAS agent must do with regard to preparation and lodgement of BAS and IAS forms. In your report also answer these questions What legislation needs to be complied with and what procedures need to be followed to comply with legislation, regulations and the Code of Professional Conduct? What is a tax agent service? 1. 2. What materials or sources will you use to review, interpret and apply legislation related to taxes reported on activity statements? What reconciliation procedures will you follow? How will you identify lodgement schedule requirements and ensure sufficient funds are available? How will you process accounting data to comply with tax reporting requirements? 3. 4. 5. 6. 7. What payroll activities will be reported on and what reconciliation 8. What forms will be required and how will the BAS and/or IAS be 9. How will you review capital acquisitions & imports while preparing activities will be involved? lodged? activity statements? Project 2. Work on MYOB-BAS exercise as supplied by your trainer & print the following repeo 1. 2. 3. GST (summary-Accrual) report for September 2017 Payroll Activity summary report for September 2017 Business Activity Statement July 2017 to September 2017
