Photo credit:  Raw Pixel, Unsplash  Secretaries and private Australian companies Updated: 7 December 2019 First, do you even need to have a company secretary? Your private company is not required to have a secretary but, if it does have 1 or more secretaries, at least 1 of them must ordinarily

Photo credit:  Raw Pixel, Unsplash  When your Australian company needs to prepare financial reports Updated: 7 December 2019 Per the Corporation Act’s small business guide, your startup’s accounting requirements depend on whether your company is classified as small or large.  Also, your company's classification can change from one financial year.