3 Key Factors to Consider When Selecting a New SMSF Auditor
There are only a few weeks before the 1 July changes to auditing standards come into effect, with in-house audits at risk of not complying with the Code. So, if your company is considering seeking external auditing services, there are a few fundamental questions to ask when selecting a new SMSF auditor. Time is running […]
Illegal Early Access of Super
Written by SMSF Audit Manager James Song. With the “COVID-19 Early Release of Super” program ending on 31st December 2020, the ATO has advised that they will be paying particular attention to SMSF audits in the current financial year. It’s imperative that SMSF auditors work closely with accounting firms to ensure that client SMSF funds […]
What do the new SMSF Auditor Independence Requirements mean for your firm?
For smaller firms unable to specialise in SMSF audits, there are real challenges in providing these services in a truly independent manner.