Expert Update on QBCC Minimum Financial Requirements (MFR)
Expert Update on QBCC Minimum Financial Requirements (MFR)
Navigating the intricacies of the MFR regime can be a daunting task, especially with the recent changes to reporting regulations and the impact of market conditions on financial circumstances.
In this webinar, industry leaders Michael Renton CA, Founding Partner and CEO of Xact Accounting, and Penny Cornah, Executive Director of Master Plumbers Association QLD covered everything you need to know about QBCC Minimum Financial Requirements, including:
- A simple explanation of QBCC Minimum Financial Requirements
- An update on changes to reporting regulations and key dates
- Insights into upgrading your QBCC licence
- What to do if you fail QBCC’s MFR test
- MFR Reports: When are they needed and how are they produced?
- Best practice advice on how to communicate with QBCC
Whether you’re a licensee, contractor, or builder, this webinar is a must-watch. With QBCC reporting season now in full swing, this expert update will help you navigate the MFR regime with ease and confidence.
More Helpful Resources for Builders
- WIP Accounting for Builders:
Xact Accounting Client Directors Daniel Wilkinson and Josh Robertson tackle the best practice approach to calculating Work In Progress (WIP) – an extremely important, yet often overlooked or miscalculated aspect of your financial position.
- Cashflow Workshop for Builders:
Xact Accounting Founder and CEO Mick Renton and Client Director Daniel Wilkinson walk builders through a working cashflow forecast and provide tips on how to get your cashflow under control!
- Building & Construction Accounting
Find more webinars and workshops, useful articles, and downloadable tools on our resources page!
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