FNSACC408 Work Effectively In The Accounting And Bookkeeping Industry - Assessment 3

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Task 2

Part A

Using the internet, search and obtain access to publications designed to assist you in carrying out work for your client. (12 marks)

Your research should address the following requirements:

  1. Record keeping for small business
  2. GST for small business
  3. PAYG Withholding
  4. Fringe Benefits Tax
  5. Payroll tax

Part B

Access an integrated financial software system (such as MYOB or Xero) and produce a Balance Sheet as at 30 June 2018 using its sample or demo data.

  • Export it to PDF and submit with your assessment OR
  • Take a screen capture of the Balance Sheet, paste it into the space provided in your answer template OR
  • Copy and paste the Balance Sheet into the space provided in your answer template. (3 marks)

Part C

Complete the following table, showing research resources for legislative, statutory, regulatory and industry requirements for carrying out accounting and bookkeeping activities. (5 marks)

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