Blackburn Accounting - Insurance - End of Year Checklist

It's that time of the year to spring-clean and get your 'house', Business in order.

Submit your taxes, prepare your annual Budget and review your Business Plan.

Time also, to check and understand your Business requirements and Insurance policies.

Here is our 6 Point Checklist to help.

1. Review all your Insurance policies and check policy inclusions and exclusions

2.Has anything changed? Have you bought new equipment or vehicles, expanded your premises, signed a new lease, disposed of any assets or hired subcontractors?

3. Are your Business valuations and inventory up to date and reflecting current costs?

4. Do you have Business interruption cover? Critical if you couldn't trade due to unforeseen circumstances.

5. Assess risk to your Business. E.g. Cyber risk, and the impact of privacy laws.

6. Talk to your Insurance Company or Broker to make sure your Business is EOFY ready.

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Your Management Accounting Partner

"Tim has been our accountant for over 10 years and throughout that whole time, he has been very professional, trustworthy, efficient and a pleasure to work with. He has the capacity to understand complex issues and his knowledge is always up to date, providing a quality service."

Gregg Mountford Managing Director – Negotiator WA Pty Ltd

Leon Sainken

"Tim has been our accountant for the last eight years. He has an exceptional understanding of the for ever changing tax landscape which benefits all of his clients. As Tim has moved through his career we have followed, I think that’s testament to his ability!"

Leon Sainken Managing Director – LSA Advertising

Peter Shewring

"We have known Tim Blackburn since June 2007. He has been our accountant with the Glenrange Global Pty Ltd and Glenrange Enterprises refrigeration electrical engineering business and our food export business Auspies Pty Ltd to Russia."
Peter Shewring
Managing Director – Glenrange Global Pty Ltd

Peter Shewring

"During this time Tim has shown a professional aptitude to all matters of taxation and general advice for and to business, including the exporting business where there has been a high degree of complexity regarding accountancy, business strategies and taxation requirements.
From the exporting company inception, Tim travelled to Russia to facilitate Aussie Pie Pty Ltd for the compliance to both countries taxation regulations requirements.
Tim has the ability to place the customer and/or the company first, a rare commodity in today’s world."
Peter Shewring

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Insurance - End of Year Checklist

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