COMPLIANCE AUDIT - IS YOUR PRACTICE COMPLIANT? Are you compliant? You think so. But have you checked? Compliance areas you should audit: 1. Data security (client data encrypted, backed up, secure) 2. Privacy (complying with privacy law) 3. Tax (you're calculating taxes correctly, lodging on time) 4. Superannuation (paying contributions on time) 5. BAS (lodging accurately, on time) 6. STP (payroll reporting to ATO weekly) 7. Accounting standards (using correct accoun

CLIENT DATA SECURITY - ARE YOU BREAKING THE LAW? You're storing client data. Tax returns, payroll records, financial statements, bank details. Are you storing it securely? If not, you could be: - Breaking privacy law (fined £100K+) - Opening clients to fraud (identity theft, money theft) - Losing client trust (if breached) - Liable for damages (if client loses money) Most practices have poor data security: - Files stored on shared drives (anyone can access) - No enc