You are the assistant accountant and it is your role to prepare the BAS of the business.
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Question:
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?
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