Title Page
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Document No.
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Name of Client
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Name of Person being Review
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Year being Reviewed
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Conducted on
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Prepared by person doing Review
Client Profile
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Does the Manager know the client and have regular contact with the client?
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Describe the affairs of the client?
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How long has the client been our client
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Are the services required by this client within the managers competency?
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Note the number of entities and individuals in the group
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Is the business structure and our cost structure appropriate for this client?
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Does the client present any ethical or business risk to our firm?
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Comments
Job File
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Number of electronic folders?
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Number of paper files?
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Are the electronic files in logical and clear order?
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Have work papers been completed and reviewed for all tax returns?<br>
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Do we hold any client records which have yet to be returned to the client?
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Number of statutory or permanent files in paper format held in front cupboards
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Have all paper work files over three years been archived?
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Was the client invoiced within 5 days of returns being lodged?
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Amount client invoiced?
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Amount written off or carried forward?
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Is the write off/carry forward explanation appear a non-recurring reason?
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Did the client pay their account within 30 days?
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Names of trainees and or assistants involved with this job:
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Did the trainee and assistant time on the job exceed the managers time?
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Comments
Key Issues - Business
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Do work papers correctly record carry forward losses and capital losses carried forward?
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Is the franking account up to date and correctly shown in the tax return?
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Have any Division 7A loans been correctly treated?
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Have luxury cars been correctly treated?
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Have all motor vehicles been listed on schedule F-10?
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Have all fringe benefits been identified and paid out?
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Have all contractors been identified on schedule P-5 and superannuation obligations been met?
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Is payroll over payroll tax threshold?
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Is there a potential unidentified land tax question?
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Have all trust and share distributions been minuted and traced through to beneficiaries?
Key Issues - Super Funds
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Has super fund been audited prior to lodgement of tax return?<br>
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Does the audit opinion have qualifications that still have not been rectified?
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Have all pensions been adequately documented?
Key Issues - Individuals
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Has personal checklist been completed?
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Has the portal information been checked?
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Have medical expenses been correctly claimed?
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Has the client signed the ELS prior to lodgement?
Planning Oportunites
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DOES CLIENT HAVE NEEDS IN ANY OF THE FOLLOWING:
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Tax planning?
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Self managed superannuation fund?
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Succession planning?
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Estate planning?
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Investment advice?
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Debt management?
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Asset protection?
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Research and development expenditure?
Summary
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Did the client provide any feedback on our service?
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Is it appropriate to retain this client for the future?
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Suggestions for improving the client experience of our services
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Suggestions for improving the work flow for team members
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Comments on Review
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Assessment of job perforamce
