11 December 2012 edition of LG "Debits & Credits" (Qld)

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The December 2012 edition of LG "Debits & Credits" (Qld) was issued on Tuesday the 4th of December.


CONTENTS this Issue:

1. Current Issues in “all things accounting and financial management”

At the Qld Local Government Industry:
1.1 Dates to remember this month for Qld Councils
1.2 Calculation of expenditure to determine Significant Business Activities
1.3 Bulletin 15/12 - Treasurer approval for Loans to Community Organisations

At a National Level:
1.4 A GST "round up"

On the World Stage:
1.5 IFRS issuing a Depreciation Method clarification Exposure Draft


2. Accounting for Community Loans from Council


3. Best Practice Guide

Council's Procurement Policy (incl. Delegations of Authority) - issues to think about


4. Question & Answer (Q&A) Section

Should Councils GROSS UP (for reporting purposes) the revenue they charge Community Groups where they provide a discounted fee !?
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