Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are the assistant accountant and it is your role to prepare the BAS of the business. You are not an authorised person to lodge

You are the assistant accountant and it is your role to prepare the BAS of the business. You are not an authorised person to lodge the BAS. However, your immediate manager is the financial controller who is also the public officer of the company. You have prepared the BAS statement and it is ready for lodgment. Required: 1. Can you sign off the BAS? (1 Mark) 2. Assume today is 26 February. You have been informed that your manager will be leaving for overseas on 27 February and BAS for the second quarter is due on 28 February. What will be your response about signing off the due Business Activity Statements?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Comparative International Accounting

Authors: Christopher Nobes, Robert Parker

13th edition

1292081902, 1292081908, 9781292081960 , 1292081961, 978-1292081908

More Books

Students also viewed these Accounting questions

Question

2. To store it and

Answered: 1 week ago