There is a range of key legislation for the regulation of companies, associations, co-operatives, registered organisations and other entities requiring audit of the financial statements. The legislation includes:
- Corporations Act 2001
- Australian Charities and Not-for-profit Commission Act 2012
- Corporations (Aboriginal and Torres Strait Islander) Act 2006
- Taxation Administration (Private Ancillary Fund) Guidelines 2019 (Taxation Administration Act 1953)
- Fair Work (Registered Organisations) Act 2009
- Co-operatives National Law
- Various State-based Associations Incorporation legislation
- Franchising Code of Conduct (Competition and Consumer (Industry Codes - Franchising) Regulation 2014)
We service the audit requirements of entities covered by the above legislation. Depending on the circumstances of each entity they may require to have prepared and audited:
- General Purpose Financial Statements - Tier 1
- General Purpose Financial Statements - Tier 2
- Special purpose financial reports
