Hi everyone, i just recently got my first accounting job, as a trainee for an outsourcing company that specialises in preparing company tax return for clients in Australia. I have got to say i am really overwhelmed, although i have learned pretty much a lot of basic knowledge needed to do the job, i keep forgeting about them when i am on a job i.e. borrowing expenses, tax incurred by selling a company's vehicle, and so on. So my question, is there a checklist for all the times which would need be inspected and checked during the trial balance stage? or basically anything that would help ensuring the accuracy and the integrity of the report (or efficiency for the preparation of the report), literally anything that would beneficial, please let me know. Any advice would be greatly appreciated.
Checklist for company tax return procedure
Answers
Ray
If your employer is an outsourcing company that specialises in preparing company tax return for clients in Australia, then the best source for your information is your boss. Because how else could they show you how to do your job to your clients' satisfaction.
Hi Mr Green
They do provide training for new staff. However due to my competitiveness, and past experience with an employer who scolded me for asking too many questions, i have now mostly refrained from approaching them for help and generally just try to figure out things out myself or through the internet.
Still, thanks for your advise though.
Ray
Just because your previous employer treated you poorly does not mean this one will.
Just because you are competitive, does not mean you can't find a way to:
-change your approach and politely ask how you can get advice
-offer to help create the checklist with a senior person reviewing your work.
In life you will find many occasions where this challenge happens. What is important is how you respond and mature in your experience.
Think about it.
Regards