Category: Accounting Records

How Often Do You Need to Update Your Accounting Records

How Often Do You Need to Update Your Accounting Records

The Australian Taxation Office, requires all business to keep their accounting records for at least five years. All records should be in accordance with Generally Accepted Accounting Principles (GAAP) and Australian Accounting Standards. Records that you should have readily available in either printed or electronic format include but are not limited to: • Governing documents […]

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