In this edition we continue our series on ‘Blind Freddy’ common errors, i.e. errors that are so obvious that even ‘Blind Freddy’ would spot them. Our ninth article in the 2016 series, and seventh relating to impairment, focuses on common errors when testing goodwill for impairment.
We also remind you that the ‘decluttering’ requirements will apply to your 31 December 2016 annual financial statements, and that Tasmanian incorporated associations are no longer able to lodge financial statements with the Commissioner of Corporate Affairs in Tasmania from 1 October 2016, and instead will be required to lodge these with the ACNC.