Keeping abreast of all the constant tax changes is a must for all accountants but keeping overseas staff up to date can be challenging as well as costly. BOSS removes this unnecessary headache by doing all of the ongoing training.
(PRUnderground) September 24th, 2024
It appears that BOSS is the only Australian accounting outsourcing firm that not only hires fully trained accountants and bookkeepers and provides a one month induction on all Australian issues, but will also keep all staff continually updated on all of the adjustments the ATO makes every quarter. To ensure that all BOSS accountants and bookkeepers stay updated with the ever-evolving Taxation regulations in Australia, BOSS has prepared the accountant’s training program set for the third quarter of 2024. The following is an overview of the new timetable.
For interested parties, further information on BOSS’ detailed tax training programs, please visit BOSS at Training and Supervision.
The twice monthly Saturday sessions include the following:
Budget 2023-24 & 2024-25, FBT (Types, exemptions, concessions for NPO), FBT (salary sacrificing, calculation, registration), Study & Training Support Loans, Personal finalisation (Income), Personal finalisation (Expense), Main residence exemption and CGT, Small Business Exemption, International Tax for Business 2024, Division 7a and Scenarios, GST topic, covering registration for GST, Turnover limits, GST exemptions, Accounting for GST on Capital assets, Distributions/Capital Gain/ECPI & Tax in SMSF, FBT on Car & Entertainment, Reconciliation – GST, Wages, Sales, SMSF introduction & Contributions, In House Asset Rules, GST in SMSF & Reconciliation, Dividend/Distributions, Actuary, ECPI & Taxes, LRBA & Rollover out in Class super, Corporate actions F.Y 2024-25, BGL Software Training, Types of member accounts & pension/lump sum, Testamentary trust, Base Rate Entity-Passive Income & Small Business CGT Exemption, Activity Statement (GST, PAYGI, PAYGW, fuel tax credit, FBT), Payroll Taxes, Finalisation in XERO, Annual Reports set up in XERO, Tax Returns, Company Finalisation (Loss, franking credit, dividend, tax reconciliation), Purchase/Sale of Business, Xero software, Finalisation of Healthcare, BAS for Doctors, Bookkeeping, BAS & Payroll in XERO, ASIC Lodgement, Rental property, ITR Income & Expenses, Trust Finalisation (Loss, tax reconciliation, distribution), CGT on Securities and Crypto, Division 7a Provisions, Distributable Surplus for a private company and Div 7A, Bookkeeping in MYOB AR & MYOB Essentials, Super for individuals & families, Technology & Energy Incentive Boost, Non Commercial Loss, Franking credit & FDT, Analysis of ATO reports, Livestock valuation in primary production, Rental property (Workpapers, Div 40 & 43), Reconciliation GST, Wages and sales, Donations/DGR & OTE, PSI
Lee Court, client manager of BOSS says “We have many long term clients who are fed up with other outsourcing firms that don’t do ongoing accountant training. It’s taxing both on their budgets and their time when needing to keep any overseas staff constantly up to date. Our staff has the same capabilities as any Australian accountant, the training is comprehensive, consistent and ongoing. All staff go through a one month induction program on Australian issues when they join as well as six months on-the-job training. Tax accounting outsourcing staff go through continuous thorough monthly tax training sessions.”
About BOSS, BACK OFFICE SHARED SERVICES PTY LTD
BOSS (Back Office Shared Services Pty Ltd) was founded in 2004 to provide skilled accountants and bookkeepers on a full-time, part-time and casual basis to commercial enterprises, accounting and financial services firms in Australia.
BOSS India is a subsidiary of BOSS Australia and runs just like an ultra-modern paperless Australian public practice because the Director and Accountancy Practice Principal, Peter Vickers, has been operating his own successful Australian public practice for over twenty years.
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Original Press Release.
