• Better practice 5: documentation checklist

    Maintaining records that include the documentation set out below will help an entity to maintain an adequate audit trail to support its approach to preparing and reviewing its FBT return and supporting processes.

    Documentation

    Available
    (Y/N)

    FBT working papers

     

    Preparer certification(s)

     

    Reviewer certification(s)

     

    Documented outcomes from the general ledger codes review

     

    Mid-year and quarterly data integrity reviews and interim FBT returns

     

    Pre-lodgment review documentation

     

    Post-lodgment review documentation

     

    Issues log and details of remedial action taken

     

    Independent review documentation

     

    Details of arrangements for notifying employees of amended RFBAs (if required)

     

      Last modified: 23 Jul 2015QC 18627