Financial Statement Analysis and Recommendations

The assignment requires a thorough analysis of provided financial statements to determine the organization's financial position. Tasks include reorganizing financial data (budgets, cash flow, profit reports, balance sheets), identifying and resolving discrepancies, and generating a business report with recommendations based on the findings. The analysis should consider relevant legislation and regulations.

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NO INDEX PAGE
NO
1
ASSIGNMENT 1 (QUESTION/ANSWERE)
QUESTION 1 TO 2 3
2 QUESTION 3 TO 5 4
3 QUESTION 5 TO 6 5
4 QUESTION 6 TO 8 6
5 QUESTION 8 TO 12 7
6 QUESTION 12 TO 14 8
7 QUESTION 15 TO 18 9
8 QUESTION 18 10
9 ASSIGNMENT 2
TASK 1 11/16
10 TASK 1 REFERENCES 16
11 TASK 2 17/22
12 TASK 2 REFERENCES 23
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ASSESSMENT 1: WRITTEN QUESTIONS
QUESTIONS
1. What are the three main categories of tax obligations?
Answer: The three main tax obligations for the taxpayer are as follows;
a. Registration
b. Lodgement
c. Reporting and Payment
Irrespective of the type of entity an individual, big organization or SMSF all the tax
payers are required to make an application for the TFN and a large number of them
are required to lodge a yearly tax return.
2. What do you need to do in order to identify individual compliance and other
requirements?
Answer: Obeying to the lawful requirements and obligations or systematically and
preventively protecting the individual taxpayer in the field of taxes is known as the
tax compliance. Government with the help of the tax administrations, usually seek to
reduce their own system of taxation operating cost whereas at the same time
keeping the compliance cost for taxpayers as minimum as possible. In order to attain
this, an equilibrium should be created between the cost borne by the individual in
complying with the regulations of tax and the cost that is shouldered by the revenue
authority in running the system. Enforcing compliance through constant checks,
substantial audits and prosecution is considered as an expensive method of making
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sure that adequate compliance is attained where the taxpayer is stimulated to co-
operate and actively comply with the regulations of taxation.
3. How would you recognise and apply GST implications and code transactions?
Answer: Recognizing and applying GST implications and code transactions are as
follows;
a. The fundamentals of GST are recognized, applied and recorded.
b. Purchases and payments are recorded, coded in accordance with the GST
classifications and they are split in capital and non-capital as considered
appropriate.
c. Sales and other receipts are recognized and coded according to the GST
classifications
d. Accounting data is processed to adhere with the reporting requirements of
taxation1.
4. What do you need to do to report on payroll activities?
Answer: Reporting on payroll activities are as follows;
a. An employer under the payroll activities is required to report to the ATO
regarding all the payments on or prior to the payday, through the payroll
event.
b. When the payment is made through electronic means, the day of payment is
either considered as the date that is stipulated in the electronic transactions or
else no date is specified, the data on which the payment is proposed to be
made in the employees bank account.
c. The report should take into the account the employee, with the amount that is
subjected to withholding in the regular cycle of pay.
1 Coleman, C, & K Sadiq, Principles of taxation law 2013. in
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d. Total amount of salaries and other types of payments during the period of
accounting are recognized and reconciled.
e. The sum that is to be withhold from the salaries, wages and other payments
during the period of accounting are recognized and reconciled in the
conjunctions with the department of payroll if it is applicable.
5. What do you need to do in order to report on other amounts withheld, PAYG
instalments and taxes?
Answer: The requirements of reporting on the other amount withheld, PAYG
instalments and taxes are as follows;
a. An employer having a branch for PAYG for withholding purpose, the employer
is required to report separately the payroll events for each of the PAYG
withholding branch that is established with the ATO.
b. Amounts that are withheld from other payments during the period of
accounting are recognized and identified and reconciled in accordance with
other subdivisions provided they are applicable.
c. The instalment amount of PAYG should be verified or wherever applicable
should be computed.
d. Instalments amounts must be verified wherever applicable and must be
computed for other taxes2.
6. What tasks must be performed when completing and reconciling the activity
statement?
2 Kenny, P, Australian tax 2013. in , Chatswood, N.S.W., LexisNexis
Butterworths, 2013.
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Answer: Tasks that needs to be executed at the time of completing and reconciling
the activity statement are as follows;
a. Activity statement report should be generated whenever required and should
be checked and validated.
b. Errors should be identified and correct bookkeeping entries must be
generated.
c. Adjustment for previous quarter should be made, or months or end of the year
whenever it is necessary.
d. BAS and IAS return must be completed in compliance with the up to date
statutory, regulatory and legislative organisational schedule.
e. Figures must be completed on the BAS and IAS form and must be reconciled
with the journal entries profit and loss statement, GST and other forms of
control accounts.
7. What tasks are required when lodging an activity statement?
Answer: Task required at the time of lodging activity statements are as follows;
a. Activity statement must be checked and signed off by an appropriate
individual as identified by the statutory legislation and regulations
requirements
b. Activity statements must be dispatched in compliance with the statutory
requirements, legislative and regulatory requirements.
c. Payment or any form of refund that is processed must be recorded.
8. What steps are involved in completing a BAS reconciliation?
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Answer: Steps involved in completed BAS reconciliation are as follows;
Step 1: Preparing the information: Under this step the taxpayer is required to
reconcile their books of accounts to make sure that all the information is correct and
up to date.
Step 2: Entering Missing Transactions: An individual is required to record any
missing transaction for which they have receipts and invoices. For each of the
missing transactions the taxpayer will be needing a date, total sum of the
transaction, amount of GST and description3.
Step 3: Totalling all records: Once the information is appropriately entered an
individual can either run the activity statement in their software or if an individual is
using a manual method then all the numbers must be added up to determine the
amount of GST that is owed during the period of tax.
Step 4: Updating the records and lodge: Once the taxpayer has completed the BAS,
they are required to update their records with new information and make the copies
of all the necessary documents. Then in the later stages either the taxpayer should
mail the hard copy of the BAS form to the ATO or they can file through electronic
means to the portal of ATO or have their agent to lodge the report on behalf of the
taxpayer.
9. How can you calculate the amount of GST that needs to be paid or will be
refunded?
Answer: GST is payable if an individual makes a taxable supply. A taxable supply is
the supply that an individual has paid for or receive considerations for in the course
of running their business. GST is computed as the 10 per cent of the amount of the
supply. The worth of the taxable supply represents the considerations that is payable
during the supply.
10. What is GST?
Answer: GST can be defined as the goods and service tax which represents a
broad based tax of 10 per cent on large number of goods, service and other items
that are sold and consumed in Australia. GST is applicable to most of the production
in Australia however it is refunded to all the parties that are involved in the chain of
production other than the final consumers. All the Australia business whose turnover
3 Krever, R, Australian taxation law cases 2013. in , Pyrmont, N.S.W., Thomson
Reuters, 2013.
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is beyond the minimum threshold limit of $75,000 per annum are required to get
registered for the purpose of GST.
11. When does PAYG apply?
Answer: When an individual makes payments to the employees and some
contractors they are required to withhold the amount and send it to the Australia
Taxation Office at the regular intervals. An individual has the withholding obligations
if any of the following is applicable;
a. If an individual has employees
b. An individual has other workers, such as contractors and they enter into
voluntary agreement to withholding amounts from their payment to them.
c. If an individual makes payment to the business that do not quote their
Australian business number.
12. What advantages are there in using the activity statement functions in the
portal?
Answer: The business portal is considered as the gateway to the Australian
government online service for business. It is regarded as the easy and convenient
method of accessing information and managing the business tax affairs. The benefits
of having activity statement portal on the portal are as follows;
a. An individual can view, prepare, lodge and revise their activity statements
b. An individual can update and view their details of the business registration
c. An individual can view their statement of account and options of payment
d. An individual can request for refunds and transfer credits
e. Send messages to the office of taxation on the selected matters4.
13. Can you use your accounting software package to lodge without having to
manually re-key the data on to the activity statement showing in the portal?
4 Morgan, A, C Mortimer, & D Pinto, A practical introduction to Australian taxation
law. in , North Ryde [N.S.W.], CCH Australia, 2013.
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Answer: Yes, an individual can make the use of the accounting software package to
lodge the tax return without entering manually the re-key on the business activity
statements that is showing in the portal.
14. State the purpose of the Tax Agent Services Act 2009.
Answer: The purpose of the tax agent service act 2009 are as follows;
a. The main purpose of the tax agent services act 2009 is to make sure that the
agent services are offered to the public in compliance with the correct
standards of professional and ethical code of conduct.
b. The purpose of this act is to establish a national board in order to register tax
agents and BAS agents
c. The purpose of tax agent service act 2009 is to introduce a code of
professional conduct for agents that are tax registered and BAS agents
d. Providing for a permission to self-control registered tax agents and BAS
agents5.
15. Under the TASA 2009, what is a BAS service?
Answer: A BAS service can be defined as the tax agent service which is related to
the ascertainment of the liabilities, obligations or entitlements of an entity which arise
or might arise under the provision of the BAS. It provides an advise to the entities
regarding the liabilities, obligations or entitlements of the entity or any other entity
that originate or might arise under the provision of the BAS.
16. Can you complete a BAS return using Xero?
Answer: Yes, an individual tax payer can complete the BAS by using the Xero. This
is because the activity statement that is generated by the Xero for the Australian
5 Woellner, R, Australian taxation law select 2013. in , North Ryde, N.S.W., CCH
Australia, 2013.
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taxation office is based on the PAYG withholding and the frequency of GST
reporting. Therefore, using the BAS serves as the advantage for multiple users that
are working in the organization.
17. What can be included in a BAS?
Answer: Items that can be included in the BAS are as follows;
a. Gross fees for services
b. Gross amount of sales
c. Trade-in and barter transactions
d. Amount of interest earned
e. Rents
f. Overseas income
g. Commissions
h. Fees relating to membership and subscriptions
i. Grants received from government and specific grants from private sector
j. Amount derived from the sale of business assets namely office equipment’s.
18. What is the difference between Cash & Non-Cash reporting options?
Answer: The main difference between non-cash and cash basis of accounting
reporting lies during the time when the revenue and expenses are identified. Under
the cash method of reporting it is largely used by the small business and for personal
finance6. The cash method of accounts for revenue is considered when the amount
of money is received and for the expenditure when the money is paid out. In contrast
to this, the accrual method of accounts for revenue represents when the revenue is
earned and expenses for goods and services when they are incurred. The amount of
revenue is recorded even though the cash is not received or the expenditure have
been incurred but no cash has been paid. Non-cash method of reporting is the most
common method of reporting that is used by the business.
6 Krever, R, Australian taxation law cases 2013. in , Pyrmont, N.S.W., Thomson
Reuters, 2013.
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ASSESSMENT 2: SKILLS ASSESSMENT
Task 1 – Financial Activity Reporting #1
A. Using the accounts following, complete the GST Worksheet for BAS. Complete
the BAS Statement (copy may be downloaded from the Australian Taxation Office at
https://www.ato.gov.au/uploadedFiles/Content/CAS/downloads/BUS25199Nat4189s.
pdf).
Trial balance
Trial balance
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Trial balance as at 30 June 20xx
Details Dr Cr
Cash at bank 87527.00
Stock 3000.00
Debtors control 6072.00
GST paid 1973.00
Office equipment 3000.00
Premises 50000.00
Mortgage on premises 30000.00
Loan from B Burns 20000.00
Creditor control 5500.00
GST collected 1622.00
Purchases 14600.00
Capital - C Mahr 93000.00
Sundry creditor - C Smythe 3300.00
Discount income 100.00
Drawings - C Mahr 540.00
Discount expense 30.00
Sales 13920.00
Commission income 200.00
Wages 800.00
Advertising 300.00
Insurance 1200.00
Sales returns & allowances 600.00
Purchases returns & allowances 2000.00
$169,642.0
0$169,642.00
Profit and Loss A/C
Profit and Loss Account
For the year ended 20XX
Dr Cr
Particulars
Amount
($)
Amount
($) Particulars
Amount
($)
Amount
($)
Purchase 14600 Sales 13920
Less: Purchase
Return 2000 12600 Less: Sales Return 600 13320
Discount Income 100
Discount
Expense 30 Commission Income 200
Wages 800
Net Loss- Transferred to
Capital A/c 1661
Advertising 300 Gst Collected 1622
Insurance 1200
GST Paid 1973
16903 16903
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Balance Sheet:
Balance Sheet as on
For the Year Ended 20XX
Dr Cr
Particulars
Amount
($)
Amount
($) Particulars
Amount
($)
Amount
($)
Liabilities Assets
Mortgage on
Premises 30000 Cash at Bank 87527
Loan From B Burns 20000 Closing Stock 3000
Creditor Control 5500 Debtor Control 6072
Capital Premises 50000
C Mahr 93000
Office
Equipment 3000
Less: Drawings C
Mahr 540 92460
Sundry Creditor 3300
Less: Net Loss 1661
149599 149599
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Complete Option 1 OR 2 OR 3
(indicate one choice with an X)
Option 1: Calculate GST and
report quarterly
O
R
Option 2: Calculate GST and report
annually
Total sales
G
1 $
14,5
20 Total Sales
G
1 $
14,52
0
Does G1 include
GST Yes
N
o
O
R
Does G1 include
GST Yes
N
o
Export Sales
G
2 $
O
R
report GST on sales at 1A and GST
on purchases at 1B in the summary
section over the page
Other GST - free
sales
G
3 $ 0 O
R
Capital
purchases
G
1
0 $ 0
O
R
Option 3: Pay GST
instalment amount
ATO
instalment
G
2
$ $0
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amount 1
Non-capital
purchases
G
1
1 $
16,6
00 O
R
Write the G21 amount at 1A in
summary over the page (leave 1B
blank)
OR if varying this amount, complete
G22, G23, G24
Estimated net
GST for the year
G
2
2 $
report GST on sales at 1A and
GST on purchases at 1B in the
summary section over the page
Varied amount
for the quarter
G
2
3 $
Write the G23 amount at 1A in
summary section over the page
(leave 1B
blank)
Reason code for
variation
G
2
4 $
PAYG Tax withheld PAYG income tax installment
Total Salary,
wages and other
payments
W
1
$
Complete Option
1 OR 2
Amount withheld
from payments
shown at W1
W
2
$
Option 1: Pay a PAYG
instalment amount
ATO Instalment
amount
T
7
$ 0
Amount withheld
where no ABN is
quoted W
4 $
Write the T7 amount at 5A in
summary section below OR if
varying this amount, complete
T8,T9,T4
Other amounts
withheld
W
3
$ Estimated tax for
year
T
8
$
Total amounts
witheld
W
5
$ 0 Varied amount for
the quarter
T
9
$
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(W2+W4+W3)
Write the W5 amount in the
Summary section below
Write the T9 amount at 5A in the
Summary section below
Reason code for
variation
T
4
OR
Option 2: Calculate PAYG instalment
using income x rate
PAYG instalment
income
T
1 $
13,20
0
Commissioner's
rate
T
2 0.00% %
OR
New varied rate
T
3 %
T1 x T2 (or T3)
T
1
1 $ 0
Reason for code
variation
T
4
Summary
Amounts you
owe the ATO
Amounts the ATO
owes you
GST on sales or
GST Installment
1
A $
1,320
GST of purchases
1
B $ 1509
Do not complete 1B if using GST
installment amount (Option 3)
PAYG tax
withheld 4 $ 0
Credit from PAYG
income tax
installment
variation
5
B $
PAYG income tax
installment
5
A $ 0
Deferred
company/fund
installment 7 $ 0
1A + 4 + 5A + 7
8
A $ 1,320
1B +
5B
8
B $ 1509
Payment or Refund?
Is 8A more Yes, then write the result of 8A
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than 8B?
minus 8B at 9. This amount is
Payable to the ATO 9 $ -189
No, then write the result of 8B minus
8A at 9. This amount is
Refundable to you by the ATO
B. Review the financial statement(s)
Analyse the data in the financial statement included in A to determine the financial
position of the organization. Re-organise and present financial data including budget
variances, budgets and forecasts, cash flow/profit reports, balance sheets, financial
year reports, operating statements, expenditure and receipts and profit and loss
statements to highlight relevant features and meet workplace requirements as can
be extracted from the provided data.
Where applicable identify, resolve or refer discrepancies such as absence of
auditable trail, expenditure report mismatches, incorrect payments and unreconciled
cash flows.
Using your analysis, provide financial business recommendations, applying
knowledge of relevant legislation and regulations, presented a business report.
Answer: The sales revenue reported by the company stood 13920 with a
purchase standing 14600. Other incomes reported stood commission income of
$200. Simultaneously the expenses of the company accounted for Discount
expenses, wages and advertising cost respectively. However, it is noticed that the
business suffered a loss and reported a net loss of 1661. The current asset reported
by the company stood 87527 of cash in bank with closing stock and debtor control
accounted for 3000 and 6072. The non-current asset comprised of premises and
office equipment that stood 500000 and 3000 respectively. The business also had
reportable liabilities such as mortgage on premises of 30000 and loan accounts that
accounted for 20000. As evident from the financial analysis it can be stated that
company has reported a loss from its operations since the reportable was higher
than the reportable expenditure where sales standing at minimal of 13320 in respect
of the total purchase of 14600.
Considering the discrepancies, it can be stated that there has been a
mismatch in the expenditure in respect of the total revenue since the company has
reported a higher expenditure in comparison to the revenue generated. As a result of
this there is a discrepancy of revenue and spending mismatch.
Recommendations:
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a. Since the business reported a loss from its earnings a financial regulatory
framework can be implemented in order to minimise the instances of loss by
promoting financial integrity in the financial system.
b. Effective management can be promoted by promoting the accounting supervision
as this can cater the needs of the company’s goal of prevention of loss.
Task 2 – Financial Activity Reporting #2
A. Using the accounts following, complete the GST Worksheet for BAS. Complete
the attached BAS (copy may be downloaded from the Australian Taxation Office at
https://www.ato.gov.au/uploadedFiles/Content/CAS/downloads/BUS25199Nat4189s.
pdf).
Profit and Loss Statement
Total revenue $ 1,000,000 100%
Less Cost of Goods Sold $ 426,200 42.6%
Gross Profit $ 573,800 57.4%
Less Expenses
Accounting and legal fees $ 11,700
Advertising $ 15,000
Depreciation $ 38,000
Electricity $ 2,700
Insurance $ 15,200
Interest and bank charges $ 27,300
Postage $ 1,500
Printing and stationery $ 8,700
Professional memberships $ 1,800
Rent for premises $ 74,300
Repairs and maintenance $ 21,100
Training $ 6,900
Vehicle operating costs $ 20,000
Wages and salaries $ 223,500
Workers compensation $ 6,500
All other expenses $ 14,100
Less Total Expenses $ 488,300 48.8%
Equals Net Profit (BOS) $ 85,500 8.6%
BOS = Before owners salary
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Balance Sheet
ASSETS
Current Assets
Cash $ 20,000
Accounts receivable $ 15,000
Inventory $ 150,000
Total Current Assets $ 185,000
Non-Current Assets
Plant and equipment $ 50,000
Business premises $ 650,000
Vehicles $ 70,000
Total Non-Current Assets $ 770,000
TOTAL ASSETS $ 955,000
Current Liabilities
Accounts payable $ 25,000
Bank overdraft $ 10,000
Credit card debt $ 5,000
Tax liability $ 30,000
Total Current Liabilities $ 70,000
Non-Current Liabilities
Long term business loan 1 $ 450,000
Long term business loan 2 $ 50,000
Total Non-Current Liabilities $ 500,000
TOTAL LIABILITIES $ 570,000
NET ASSETS $ 385,000
OWNERS EQUITY $ 385,000
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Goods and
services tax
(GST)
for the above mentioned QUARTER
Complete Option 1 OR 2 OR 3
(indicate one choice with an X)
Option 1: Calculate GST and
report quarterly
O
R
Option 2: Calculate GST and report
annually
Total sales
G
1 $
10,00
,000 Total Sales
G
1 $
10,00,
000
Does G1
include GST Yes
N
o
O
R
Does G1 include
GST Yes
N
o
Export Sales
G
2 $
O
R
report GST on sales at 1A and GST
on purchases at 1B in the summary
section over the page
Other GST - free
sales
G
3 $ 0 O
R
Capital
purchases
G
1
0 $ 0
O
R
Option 3: Pay GST
instalment amount
ATO
installment
amount
G
2
1 $ $0
Non-capital
purchases
G
1
1 $
4,88,
300 O
R
Write the G21 amount at 1A in
summary over the page (leave 1B
blank)
OR if varying this amount, complete
G22, G23, G24
Estimated net
GST for the year
G
2
2 $
report GST on sales at 1A and GSt
on purchases at 1B in the
summary section over the page
Varied amount for
the quarter
G
2
3 $
Write the G23 amount at 1A in
summary section over the page
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(leave 1B
blank)
Reason code for
variation
G
2
4 $
PAYG Tax withheld PAYG income tax installment
Total Salary,
wages and other
payments
W
1 $
Complete Option
1 OR 2
Amount withheld
from payments
shown at W1
W
2 $
Option 1: Pay a PAYG
installment amount
ATO Installment
amount
T
7 $ 0
Amount withheld
where no ABN is
quoted
W
4 $
Write the T7 amount at 5A in
summary section below OR if
varying this amount,complete
T8,T9,T4
Other amounts
withheld
W
3 $
Estimated tax for
year
T
8 $
Total amounts
witheld
(W2+W4+W3)
W
5 $ 0
Varied amount for
the quarter
T
9 $
Write the W5 amount in the
Summary section below
Write the T9 amount at 5A in the
Summary section below
Reason code for
variation
T
4
OR
Option 2: Calculate PAYG instalment
using income x rate
PAYG instalment
income
T
1 $
9,09,0
91
Commissioner's
rate
T
2 0.00% %
OR
New varied rate
T
3 %
T1 x T2 (or T3)
T
1
1 $ 0
Reason for code T
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variation 4
Summary
Amounts you
owe the ATO
Amounts the ATO
owes you
GST on sales or
GST Installment
1
A $
90,909
GST of purchases
1
B $ 44391
Do not complete 1B if using GST
installment amount (Option 3)
PAYG tax
withheld 4 $ 0
Credit from PAYG
income tax
installment
variation
5
B $
PAYG income
tax installment
5
A $ 0
Deferred
company/fund
installment 7 $ 0
1A + 4 + 5A + 7
8
A $ 90,909
1B +
5B
8
B $ 44391
Payment or Refund?
Is 8A more
than 8B? Yes, then write the result of 8A minus
8B at 9. This amount is Payable to
the ATO 9 $ 46,518
No, then write the result of 8B minus
8A at 9. This amount is Refundable
to you by the ATO
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B. Review the financial statement(s)
Analyse the data in the financial statement included in A to determine the financial
position of the organization. Re-organise and present financial data including budget
variances, budgets and forecasts, cash flow/profit reports, balance sheets, financial
year reports, operating statements, expenditure and receipts and profit and loss
statements to highlight relevant features and meet workplace requirements as can
be extracted from the provided data.
Where applicable identify, resolve or refer discrepancies such as absence of
auditable trail, expenditure report mismatches, incorrect payments and unreconciled
cash flows.
Using your analysis, provide financial business recommendations, applying
knowledge of relevant legislation and regulations, presented a business report.
Answer: As evident from the financial data it is understood that the company
reported a total revenue of 1,000,000 with cost of goods sold standing 426,200.
Considerably the cost of goods sold accounted 42.6% of the total revenue reported
by the company. On the other hand, the gross profit stood 573,800 respectively
which accounted 57.4% of the revenue reported. The total expenses stood 488,300
which summed up 48.8% of the total revenue and the final net profit reported by the
company stood 8.6% of the total revenue reported prior to the owner’s salary.
Considering on the statement of financial position the total asset reported stood
995,000 with business premises alone accounting for 650,000. The non-current
liabilities reported by company stood 500,000. The reportable net asset stood
385,000 and from the analysis an assertion can be bought forward that the company
has sufficient maintained the liquidity position. The firm both in the long and short run
can meet their debt obligations.
Considering the discrepancies an auditable trial can be implemented through
appropriate documentations of the files in the computer to be examined at the time of
audit. Discrepancies can be lowered by examining the records of transactions that
are handled by the company during audit. Therefore, an auditable trail through
electronic means can provide the documentation history of a transaction within the
organization.
Recommendations:
The below stated are the recommendations for the business are as follows;
a. Operational efficiencies can be attained by reducing the long term business
loan.
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MOHSIN ALI SHAIKH
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b. Debt obligations of the business can be reduced to increase the operational
efficiency
c. A check to lower the administrative expenses can be implemented as this will
help in increasing the net profit before owner’s salary.
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References
Coleman, C, & K Sadiq, Principles of taxation law 2013. in .
Kenny, P, Australian tax 2013. in , Chatswood, N.S.W., LexisNexis Butterworths,
2013.
Krever, R, Australian taxation law cases 2013. in , Pyrmont, N.S.W., Thomson
Reuters, 2013.
Morgan, A, C Mortimer, & D Pinto, A practical introduction to Australian taxation law.
in , North Ryde [N.S.W.], CCH Australia, 2013.
Woellner, R, Australian taxation law select 2013. in , North Ryde, N.S.W., CCH
Australia, 2013.
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