02 March 2012 edition of LG "Debits & Credits" (Qld)

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The March 2012 edition of LG "Debits & Credits" was issued on Monday the 5th of March, 2012.

CONTENTS this Issue:

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

At the Qld Local Government Industry:
1.1 Regulation changes to extend deadline for adoption of Council’s Corporate Plan and Revenue Policy - Bulletin 03/12.

At a National Level:
1.2 The Independent Pricing and Regulatory Tribunal (IPART) of NSW release a Local Government Information Paper on the “effects of the carbon price on local councils”

On the World Stage:
All quiet for now…

2. Some timely accounting issues to take note of.....

2.1 Carbon Tax Accounting…“know your debits from your credits’ - accounting entries
surrounding the new Carbon Pricing Mechanism effective from 01/07/2012.

2.2 An FBT Reminder

3. Best Practice Guide

Our goal is to publish at least four (4) Best Practice Guides across the 2012 year - our next "cab off the rank" for 2012 will be 'Long Term Financial Plans – the Top 10 issues when sourcing, implementing and getting the most out of your LTFP'.

4. Question & Answer (Q&A) Section

Capitalising preliminary Design Work relating to Capital Projects
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