TERS Application – COVID-19

TERS Application – COVID-19

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I am sure that there are more than a few of you experiencing the stress and frustration of trying to get your application in for the Temporary Employee Relief Scheme.  There have been multiple templates sent to fill out, multiple … Continued

Sole Proprietor vs Company

Sole Proprietor vs Company

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We get this question from our clients a lot.  Should I register my business as a company, or am I better or remaining a sole proprietor?  Below we have provided a little bit of guidance for you, a list of … Continued

Meet our Wall of Inspiration

 

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To Audit or Not?

Calculate your Company's PIS Score

This calculation should be performed at the end of every financial year.

  • If your financial statements have been compiled externally, and your score is 350 points or higher: your AFS must be audited.
  • If you financial statements have been compiled internally, and you score is 100 points or higher: your AFS must be audited.
  • If your financial statements have been compiled externally, and your score is between 100 and 350 points: your AFS must be reviewed.
  • If your financial statements have been compiled externally or internally, and your score is below 100 points: no review or audit is required.