Work effectively in the accounting and bookkeeping industry In Asutralia

• Set up and maintain compliance systems

Scenario: You selected Quickbooks program that you think would work well for the business

Questions:

1. Describe why you think it would be a good fit for the company

2. Describe how your chosen program will help the whole organisation meet its accounting and bookkeeping compliance requirements. In your answer, clarify which compliance requirements you're referring to. Refer your answer to legislation that affect the work of bookkeepers and accountants:

• a. TAX AGENT SERVICES ACT 2009
• b. A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999
• c. PAYG Withholding System A NEW TAX SYSTEM (PAY AS YOU GO) ACT 1999
• d. SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 199
• e. Australian Accounting and Auditing Standards
• f. PRIVACY ACT 1988