WITH legislation for Australia’s burgeoning carbon industry constantly developing and a flood of information being pitched to producers, doing the sums on starting a new project can be hard to navigate.
The industry has seen some major reforms in recent times, including legislation to include Australian Carbon Credit Units (ACCUs) in Farm Management Deposits (FMDs).
New South Wales-based accountant Scott Christian, from Boyce Accountants, presented some of the basic accounting considerations to the National Carbon Farming Conference in Albury last week. He has been dealing with carbon…
