by David Saul | Sep 24, 2020 | Client Management, Financial Services, Workflow Management
Reciprocal auditing arrangements where SMSF firms enter into audit arrangements for one another risk breaching new independence requirements, the ATO has clarified. The restructured Independence Guide in the APES 110 Code of Ethics for Professional Accountants has...
by David Saul | Sep 23, 2019 | Featured Articles
Do you have a potential issue with SMSF audit independence? If so, it’s not viable to turn a blind eye. Now is the time to ascertain whether your audit arrangements would withstand rigorous scrutiny by the ATO, and if not, to do something about it… fast....
by David Saul | Jul 17, 2019 | Financial Services
Mis-use of Auditor Numbers Over 600 tax practitioners have either deliberately or mistakenly mis-used an SMSF auditor number, with the ATO detecting over a thousand instances of potential fraud. “Some practitioners have fraudulently charged clients for audits that...
by David Saul | Jul 9, 2019 | Latest News
Independence breaches redefined ATO targets firms who provide both SMSF advice & audits Independence is a key issue in the ATO Compliance Program and SMSF advisers who also conduct audits face a high risk of being targeted. Reciprocal Auditing Arrangements Revenue...
by David Saul | May 29, 2019 | Financial Services
Dealing with the death of a SMSF member is inevitable and often a complicated process. It’s crucial that the situation is dealt with in a practical and professional manner. Read below to see what steps are taken after a SMSF member dies: Step 1 Members death...
