01 February 2010 edition of LG "Debits & Credits"

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The February 2010 edition of LG "Debits & Credits" was issued on Monday 1st February, 2010.

CONTENTS this Issue:

1. Current Issues in “all things accounting and Local Government”

At the NSW Local Government Industry:
1.1 Dates to Remember This Month and Next for NSW Councils…
1.2 NSW DLG Circulars to note
1.3 Latest news from the NSW LGFP’s.
1.4 Latest News from the Department of Planning (S94)

At a National Level:
1.5 Latest news from the Institute of Chartered Accountants

On the World Stage: All Quiet!!

2. Year End Reporting for the 12 months ending 30/6/10
- what to look out for & what to clarify in Code Update 18

2.1.1 Name Changes
2.1.2 Format Changes
2.1.3 Three (3) Years of Comparatives
2.1.4 Additional Financial Instrument Disclosures

2.2 Suggested Changes for Code Update 18

3. Best Practice Guide
See what's ahead in our Best Practice Guides for 2010!!

4. This Edition’s Question & Answer
Accounting for Long Term Leases & Peppercorn Rents.

5. Don't Forget!!
5.1 Which NSW Local Government Act is applicable to your Council!?
5.2 Council's Fees & Charges Schedule for 10/11 - Credit Card Fees!!