DG & AB Maxwell

Consulting Accountants

Specialists in
Local Government
Management,
Administration & Finance

PO Box 5450
Wagga Wagga NSW 2650

Email: davemax@ozemail.com.au

Coalface Software Solutions are designed to simplify and speed up your work, while providing comprehensive working papers to meet all internal and external audit requirements.

All Coalface Software Solutions were originally designed to resolve real live problems at real live councils-just like yours.

All Coalface Software Solutions come with a 30 day money back guarantee so you can test them to be sure they meet your needs.

Prompt delivery on receipt of official Council order.

Technical Tips & Resources

Submissions we have made

• Submission - ED 180 - Income from Non-Exchange Transactions Download
  Submission to the AASB regarding proposed changes to AASB 1004 (Contributions).
• Submission - Draft NSW Code update #17 Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Code of Accounting Practice contained in update #17.
• Submission - ED 156 - Short-term Proposals Relating to AAS 27, AAS 29 and AAS 31 Download
  Submission to the AASB regarding proposed changes to a number of standards arising from the proposed replacement of AAS 27, AAS 29 and AAS 31.
• Submission - Draft NSW Code update #15 Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Code of Accounting Practice contained in update #15.
• Submission to the Independent Inquiry into the Financial Sustainability of NSW Local Government Download
  Further submission based on the contents of the Inquiry's Interim Report.
• Submission to the Independent Inquiry into the Financial Sustainability of NSW Local Government Download
  Largely comments regarding the reliability of existing financial information for making definitive judgements.
• Submission - Draft NSW Local Government (General) Regulation 2005 - Rates & Charges Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Regulations.
• Submission - Draft NSW Local Government (General) Regulation 2005 - Management & Accountability Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Regulations.
• Submission - Draft NSW Code update #13 Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Code of Accounting Practice contained in update #13.
• Submission - Draft NSW Code update #12 Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Code of Accounting Practice contained in update #12.
• DraftAAS27Exposure Draft Download
  Submission to Australian Accounting Standards Board based on the draft Exposure Draft for the re-issue of AAS 27.
• Submission - Draft NSW Code update #11 Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Code of Accounting Practice contained in update #11.
• Supplementary Financial Indicators Download
  We have developed some financial indicators additional to those included in the LGMA sponsored Financial Health Check that we hope avoid some of the criticisms we have made (download below). This is a copy of our submission to the LGMA Working Party, and in the interim we carrying out extensive tests of these indicators ourselves (48 Councils so far). An Excel spreadsheet has been prepared to assist and may be obtained by emailing us at davemax@ozemail.com.au (PDF format, 263kb)
• Notes on the Financial Health Check Download
  We have a number of criticisms of the Financial Health Check developed by the LGMA Working Party, particularly in relation to their use as a basis of comparison between Councils. We support the concept, but have problems with this example. Please feel free to agree or disagree with any of our comments by email to davemax@ozemail.com.au. (PDF format,206kb)
• Submission#10Draft.pdf Download
  Submission to the NSW Department of Local Government regarding proposed changes to the Code of Accounting Practice contained in update #10. Please feel free to agree or disagree with any of our comments, but please advise the Department and send a copy to us, too.
• Grants.pdf Download
  Submission to the NSW Accounting Advisory Group suggesting a simpler and more appropriate disclosure of revenues received from other levels of government.
• Reserves.pdf Download
  Submission to the NSW Accounting Advisory Group suggesting a more appropriate disclosure of reserves (and internally restricted assets).
• DraftUpdate#9.pdf Download
  Submission on the content of Draft Update #9 of the NSW Local Government Code of Accounting Practice and Financial Reporting (dated 18 April 2001, PDF format, 85kb)

 

Resources :: Technical Matters :: Submissions