Get to know more about Audit Safe in this article
A fundamental shift in tax compliance.
Apxium Audit Safe is a new class of service offering that provides a new revenue stream for the practice while providing the same level of security from audits to clients.
The firm offers a fixed fee service to conduct a compliance review and any further compliance work for the year for clients and associated entities in respect of tax compliance.
As part of the service, the firm agrees to respond to all audits and reviews and provide professional services up to an agreed limit to satisfy the requirements of the regulatory bodies and provide periodic compliance guideline material to the clients.
Apxium does all the heavy lifting, making it easy for you to format & filter client documentation.
“Based on the information provided, ASIC's view is that the Facility is not a financial product and therefore would not need to comply with the Chapter 7 requirements. The facility is modelled more on a prepayment scheme than an attempt to limit price fluctuations for clients. We do not believe the service allows clients to manage the financial consequences of the price of accounting services increasing.
Even if the facility is a facility for managing financial risk under s763C of the Corporations Act, we agree with your submissions that the incidental exemption at s763E would apply.”
Here are the references you may use as you get along with your Audit Safe journey.
- Audit Safe - Client Experience Video
- Infographic on how to pay Audit Safe Compliance Service
- Marketing email for Audit Safe merchants to send to their clients
- Newsletter Announcement sample
- Audit Safe Pricing Example
Sample Documentation: