Occupations and Business Activities Automatically Covered

The following occupations, business activities and services are all automatically covered under your policy, whether you undertake them or not. Unlike many policies on the market that restrict cover to just a single occupation or activity, our market leading broad cover of multiple occupations means that you can proceed with your work safe in the knowledge that you will be fully covered. Click on any occupation heading below to expand the definition of what is covered.

Including, but not limited to;

  • Collect, Analyse and Summarise Accounting Information
  • Accounts Preparation, Trial Balance, Balance Sheet and Profit & Loss
  • Management Accounting
  • Taxation
  • Tax Schemes
  • Budgeting and Financial Forecasts
  • Bookkeeping
  • End of Year Accounting
  • Audit Private, Public and listed Companies
  • Audit Charities and Not for Profits Organisations
  • Audit Financial Institutions
  • Audit Self-Managed Super Funds
  • Valuations
  • Company Secretarial
  • Registrar Services
  • Trusts & Trusteeships
  • Forensic Accounting
  • Computer Software Recommend, Install, Use and Update
  • Bankruptcy, Administration, Insolvency, Liquidation or Receiverships
  • Management Consultancy
  • Corporate Advise and Services
  • Superannuation Funds Administration
  • Financial Planning and Advice
  • Investment Advice
  • Pro-bono Advice and Services
Including, but not limited to;

  • Record day to day financial transactions and complete the posting process
  • Verify transactions correctly recorded in day book, suppliers ledger, customer ledger and general ledger
  • Bring the books to the trial balance stage
  • Perform partial checks of the posting process
  • Complete tax forms
  • Enter data, maintain records and lunch reports and financial statements
  • Process accounts receivable and payable and handle payroll in a timely manner
  • Processing purchases, sales, receipts, payments
  • Processing payroll and maintaining entitlements and employee records
  • Bank reconciliation
  • Computer software recommend, install, use and update
  • Providing reporting for preparation of a BAS
  • Producing reports for both client and accountant
  • Record keeping
  • Pro-bono advice and services
BAS Agent
Including, but not limited to;

  • Ascertaining liabilities, obligations or entitlements arising under a BAS provision
  • Advising about liabilities, obligations or entitlements arising under a BAS provision
  • Dealing with the Commissioner of Taxation in relation to a BAS provision
  • Coding transactions, tax invoices and transferring data onto a computer program for the interpretation or application of a BAS provision.
  • Confirming figures to be included on an activity statement
  • Completing activity statements
  • Confirming the withholding tax obligations
  • Services declared to be a BAS service by way of legislation
  • Preparation and provision of a payment summary that may include reportable fringe benefits amounts and the reportable employer superannuation contributions
  • GST Law
  • Wine equalisation Tax Law
  • Luxury car Tax Law
  • Fuel Tax Law
  • Fringe benefits Tax Law
  • Pay as you go PAYG withholding
  • PAYG instalments
  • Tax accounting
  • Pro-bono advice and services
Tax Agent
Including, but not limited to;

  • Preparing and lodging returns, notices, statements, applications or other documents
  • Assisting clients with tax concessions
  • Preparing depreciation schedules on the deductibility of capital expenditure
  • Preparing or lodging objections against an assessment, determination, notice or decision under a taxation law
  • Reconciling BAS provision data
  • Activity statement preparation and advice
  • Ascertain withholding obligations, including preparing payment summaries
  • Installing computer accounting software and determining default goods and services tax (GST) and other coding transactions
  • Taxation and investment advice and services
  • Dealing with Commission of taxation
  • Dealing with Administrative Appeals Tribunal
  • Pro-bono advice and services
Including, but not limited to;

  • Perform and control the full audit cycle including risk management and control management over operations
  • Audit effectiveness, financial reliability and compliance
  • Determine internal audit scope and develop annual plans
  • Analyse and evaluate accounting documentation, reports and data
  • Prepare and present reports that reflect audit’s results and document process
  • Provide objective independent advice to ensure validity and legality
  • Identify loopholes and recommend risk aversion measures and cost savings
  • Prepare audit findings
  • Monitor and Conduct follow up audits
  • Audit Private, Public and listed Companies
  • Audit Charities and not for profits organisations
  • Audit Financial Institutions
  • Audit Self-Managed Super Funds
  • RG 243 audits
  • Pro-bono advice and services
Limited AFSL
Including, but not limited to;

  • Superannuation products
  • Securities
  • Simple managed investment schemes as defined in the Corporations Regulations 2001
  • General and life insurance
  • Basic deposit products.
  • Arrange to deal in an interest in an SMSF
Debtor Finance
Including, but not limited to;

  • Debtor Finance Services
  • Invoice factoring
  • Invoice Discounting
Including, but not limited to;

  • Prepares and processes personnel transactions for appointments, promotions, transfers and terminations
  • Maintains and updates personnel files, records and rosters
  • Prepares personnel requisitions for employment eligibility lists
  • Provides authoritative information about employment, pay status and benefits
  • Enrols employees in benefits such as life, health insurance, retirement plans and superannuation
  • Schedules pre-employment medical and psychological evaluations
  • Calculates salary and benefit costs, and withholdings for taxes and deductions
  • Maintains balances of vacation, sick and compensatory leave credits
  • Record hours worked; overtime and leaves of absence
  • Checks payroll, mileage, travel and other employee reimbursable expenses
  • Prepares claim adjustments
  • Inputs, retrieves and checks information from computer terminals
  • Reviews and files accounting reports
  • Orders services and supplies
  • Interprets and explains to others a wide variety of rules, regulations, procedures and forms
  • Maintains records, logs and files
  • Drafts memos and correspondence
Including, but not limited to;

  • Undertake a variety of day to day administrative tasks
  • Tasks range from bookkeeping to mentoring, including payroll
  • Coordinate and oversee all office activities and operations
  • Supervise administrative staff and allocate responsibilities
  • Manage agendas, travel arrangements and appointments
  • Manage phone calls and correspondence
  • Support budgeting and bookkeeping procedures
  • Create and update records and databases with personnel, financial and other data
  • Monitor stocks of office supplies and place orders
  • Submit timely reports and prepare presentations and proposals as assigned
  • Assist colleagues whenever necessary
  • Legal Secretarial Services
  • Body Corporate records inspection searches
  • Preparation of strata reports
  • Secretarial services
  • Document lodgement and delivery
  • Training, coaching and clerical
  • Audio and tape transcription services
  • Letter and addressing services,
  • Typing services, shorthand writers, stenographers, transcription services, word processing services
Office Support
Including, but not limited to;

  • Prepares correspondence, memos, reports, minutes, documents, orders and statistical data such as charts, tables and graphs from written, typed, or verbal instructions
  • Sets-up and maintains office files, records, and indices using computer applications that include use of electronic mail, word processing, spreadsheets, and special data bases
  • Posts information to records where judgment must be exercised in the selection of data
  • Prepares special and periodic reports that involve compiling data from a number of sources
  • Maintains control files of matters in progress to monitor and expedite their completion
  • Coordinates time, place and participant arrangements for meetings; or maintains appointment calendars
  • Prepares newsletters, brochures and other printed materials using desktop publishing software
  • Organises and prepares training materials and PowerPoint presentations for distribution to staff
  • Reviews a variety of forms and records for accuracy, completeness, and compliance with applicable statutes
  • Takes and prepares minutes of meetings
  • Sorts, screens, prioritize, and routes incoming mail; gives information to the public or interdepartmental representatives in situations where judgment and interpretation of departmental policies and regulations are required
  • Orders supplies and maintains office supply inventories
  • Responding to requests for service or appropriate referral
Virtual Assistant
Including, but not limited to;

  • Email Management and Filtering
  • Setting up Autoresponders
  • Booking appointments with clients
  • Following up with clients or customers
  • Receptionist duties answering telephone
  • Calendar Management
  • File Management
  • Database building
  • Research on certain topics for blogposts, newsletters or others
  • Personal errands
  • Hotel and Flight Booking
  • Transcription, transcribing voicemail, video or audio, podcasts
  • Taking down minutes of meetings
  • Creating reports on weekly tasks, deliverables, sales
  • Preparing Slideshows Power Point Presentations
  • Recruitment
  • Set-up Social Media Accounts
  • Manage and update Social Media Accounts
  • Manage Blog
  • Publish posts and comments on Blog
  • Filter and reply to comments on blog
  • Answering support tickets
  • Participating in discussion forums or message boards
Human Resource
Including, but not limited to;

  • Assists in preparing correspondence, memoranda, reports, forms, declarations, proposals, MOA's, job announcements, examinations, training plans, policies, requisitions and statistical data such as charts, tables and graphs
  • Processes a variety of personnel-related forms and records
  • Sets-up and maintains office files, records and indices
  • Maintains control files to monitor assignment status and expedites the completion of assignments
  • Reviews a variety of reports, forms, and records for accuracy and completeness
  • Inputs and retrieves information from a computerised record keeping system
  • Responds to inquiries concerning confidential information
  • Coordinates time, place and participants for meetings, negotiations, hearings, and arbitrations
  • Sorts, prioritizes, and routes incoming mail
  • Trains and provides technical guidance to clerical staff
  • Prepares special and periodic reports that involve compiling data from a number of sources
  • Processes and maintains the more difficult and technical personnel-related forms and records
  • Plans and reviews work assignments within a clerical unit
  • Performs complex technical work involved in processing employment list promulgations, certification lists, personnel appointment forms, job announcements and applications for publication and test preparation
  • Interprets and explains personnel-related policies, procedures, rules and regulations
  • Processing of personnel and payroll actions
  • Assists in the development and implementation of clerical policies and procedures
  • Workplace health & safety
  • Human resource services
  • Professional written resumes, cover letters, application letters, selection criteria documents
  • Interview, coaching and advice to clients and carrying out mock interviews
Owners Corp Manager
Including, but not limited to;

  • An owners corporation manager is anyone appointed by an owners corporation to carry out its functions in managing and administering the common property
  • These functions include maintenance and repairs, collecting fees, maintaining insurance and keeping financial records
  • Any person or company carrying on business as an owners corporation manager for a fee or reward in Victoria must be registered by the Business Licensing Authority
  • Individual directors of the company do not need to be registered. If you intend to operate your business in a partnership arrangement with one or more people, each person in the partnership must be a registered manager
  • Community and/or Owners Corporation duties include administration, management, meetings, minutes, reports and searches
  • Preparation of Strata Reports
  • If you are a paid Owners Corp Manager, you must do the following
  • Register with the Business Licensing Authority (BLA)
  • Lodge an annual statement with the BLA
  • Advise the BLA in writing of any changes to your details required to be kept by the BLA, within 14 days
  • Be appointed by an instrument or by contract of appointment in the approved form
  • Report to the owners corporation at each annual general meeting
  • Have current professional indemnity insurance for no less than $1.5 million
  • Hold all money on behalf of an owners corporation on trust
  • Account separately for money held for each owners corporation managed by them.
Training & Development
Including, but not limited to;

  • Training, development and coaching
  • Supply, installation, configuration and training in the use of accounting and bookkeeping software and computer systems
  • Including, but not limited to MYOB, Quicken, XERO, BAS Wizard, Cash-flow and Microsoft suite
  • Bookkeeping and Accounting
  • BAS Agent and Tax Agent
  • Auditing, including Self-Managed Superannuation Funds
  • Administration, including Payroll, HR, WH&S
  • Secretarial Services
  • Office Support Services
  • Invoice Factoring
  • Debtor Finance
  • Limited AFS Licence