Do they hold professional indemnity insurance?
Qualified Bookkeepercan provide you with information that will highlight any areas that require investigation and change and will ensure that those debts are collected on a regular basis. From 1 July 2011 all Registered BAS Agents are required to hold adequate professional indemnity insurance. This assists in providing insurance for not only the registered BAS agent but also for their clients. One of the major causes of business failure is the lack of understanding of the financial information that is provided to the business owner and the lack of cash flow management.