The GST and information systems

Article Abstract:

Advice for Australian accounting firms on ensuring that their business computer systems and those of their clients are compliant with the Goods and Services Tax (GST) is presented. The importance of being able to properly record and report the GST is highlighted.

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The 'whole' truth: the DoFA view

Article Abstract:

The Australian Dept of Finance and Administration strongly backs the goal of improved comparability in government reporting. Areas where improvements need to be made include consolidation of controlled entities and comparability to other countries.

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Accounting for income taxes

Article Abstract:

Revisions to Australian regulations on tax accounting are discussed. The new standards use the 'probable' recognition criterion for the recognition of deferred tax assets.

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