We’ve had many new clients come to us due to past problems with satisfying the ratios for QBCC licences – sometimes through no fault of their own. The common issues we see with QBCC reporting are the current ratio and net tangible assets tests.
We recommend a thorough review of your financial accounts prior to lodging with QBCC. This will ensure you’re either compliant with the requirements or have the opportunity to fix any problems areas.
We can also work with you to increase your knowledge on QBCC requirements and the things to look out for. Should you come across a potential problem in the future, we’ll work with you to find a solution.