Want peace of mind? Look for this sign!
An unregistered bookkeeper can cost you far more than you save. Visit the Tax Practitioners’ Board for more information.
A Registered BAS Agent is the most trusted professional bookkeeper approved by the ATO
As of March 1st 2010 the ATO regulated the bookkeeping industry. As a result, all bookkeepers providing a BAS Service must register.
What does that mean for you?
In the past, a bookkeeper could do a MYOB or Quicken course and start charging for their services. Due to their lack of experience, they often left a mess. As a result, the client could do nothing except find someone else to fix it.
This can be expensive and emotionally draining.
Are you worried?
If you are concerned about the condition of your data file or not sure if you’re up-to-date with the ATO, we can help.
During our initial business health check we can let you know exactly where you stand.
To register with the Tax Practitioners Board, a bookkeeper must pass the following requirements first. Those requirements include;
A minimum of a Cert IV in Financial Services (Bookkeeping or Accounting).
1,000 hours supervised experience lodging BAS in the past 4 years.
Minimum of $1,000,000 professional indemnity insurance.
Membership with at least one professional bookkeeping or accounting body.
Maintaining knowledge and skills, taking relevant courses and keeping up to date with laws.
Professional code of conduct
We are under a Code of Conduct. Breaches can mean up to $137,500 in fines and penalties. Or even loss of registration. The code covers five areas;
Honesty and integrity
Acting honestly, complying with taxation laws personally, trustworthy dealing with money.
Acting in best interest of the client and management of conflict of interest that may arise.
Not disclosing information to a third party without client’s permission or legal duty to do so.
Taking reasonable care to ascertain client state of affairs and correctly apply GST and taxation laws.
Timeliness, professional indemnity insurance, and correct administration of laws.
Taylored Bookkeeping Services receive the support and qualifications they need to correctly apply correct bookkeeping principles and ethics.
This ensures that we will work to a higher level of integrity than a bookkeeper who is unsupported or unqualified.
What our memberships mean for you as a business owner
Of course we are proud of our memberships.
But we only show them here so that you know that you’re in safe hands.
Taylored Bookkeeping Services receives regular training and up-to-date information, that has been developed by experts in the industry.
You can rest easy knowing the laws are applied correctly and that you are not putting your business at risk you would be under with an un-registered bookkeeper.
Taylored Bookkeeping Services proudly partnered with:
Trumans is the largest accounting and wealth management firm operating in the Blue Mountains. With over 20 accountants, seven financial planners, and a network of trusted professionals, they are perfectly positioned to help grow your business, and assist with your other accounting and financial services’ needs.
They provide the following services and advice:
- Retirement and Investment Planning
- Superannuation Strategies
- Estate and Succession Planning
- Portfolio Construction and Review
- Direct Shares and Managed Funds
- Personal Insurance and Risk Management
- Self-Managed Superannuation Funds
- Tax Planning and Management
- Audit and Assurance
- Business Advisory Services
- Business Risk Management
- Executive Search Services
Trumans has been serving the community for over 97 years. Please contact them if you need assistance in any of the above-mentioned areas.