About Author

mm
David Saul

As a long-standing member of the Self-Managed Super Fund Association of Australia Limited (formerly known as SPAA), the peak body for SMSF professionals, David was one of the first in Australia to achieve the SMSF Specialist Advisor™ accreditation from the SMSF Association (formerly known as SPAA).

Author Posts

Take the Industry Survey: Adapting to a Covid-19 Environment

Accounting and SMSF Firms are facing many challenges in adapting to a COVID-19 environment.

On the one hand, there is the requirement to quickly adapt to managing teams working from...

Catfishing Exposed – SMSF auditor number fraud

Further SAN mis-use reported to TPB

A further 90 tax practitioners have either deliberately or mistakenly mis-used an SMSF auditor number, with the ATO detecting over a thousand instances of...

Rent relief during Covid 19 crisis

While under normal circumstances, SMSF rentals are required to be at proven market rates, due to the financial effects of the coronavirus pandemic, the ATO...

SMSF Auditing – What to expect in 2020

The ATO has been clear about what to anticipate in 2020 as Kellie Grant, ATO Director of SMSF Auditors Portfolio recently gave these key insights as to the ATO...

Non-arm’s length expenditure and SMSF Audit

The government has recently passed legislation that gives clarity around the effect of SMSF non-arm’s length expenditure (NALE). Where a fund incurs less (or nil) expenditure by participating in...

Would you pass the test on SMSF audit independence?

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...

Catfishing Exposed – SMSF Auditor Number Fraud

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...

ATO Policing Audit Independence

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...

What happens when a SMSF member dies?

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....

Communicative Auditors Add Value

The value of a call from Saul

Recent court decisions highlight situations where the Auditor did not seek sufficient and appropriate evidence that the assets and liabilities of the fund...

As with most things, complex SMSFs cost more to run

No two SMSFs are the same, so what’s with low-cost, flat-fee bundling?

The ATO and ASIC have been monitoring the practices of Auditors and are closely watching bundled packages and...

Linked SMSF services and legal risk

Take a fresh look at the pros and cons of full service SMSF firms and alliances

It may appear to SMSF Trustees that having all services – accounting, auditing, administration...

Market Value – The tension between CGT and Total Super Balances

Following the introduction of mandatory market valuation reporting for SMSFs, the ATO issued “Valuation Guidelines for Self-Managed Super Funds”. According to the ATO, asset valuation is a key component...

SMSF and Litigation – Who’s to blame if something goes wrong?

Unfortunately, many things can go wrong with an SMSF and if something does go wrong where does the liability lie? Who might be pulled in to a lawsuit?

If the...

SMSF Industry Summary Report – Proposed 3 Year SMSF Audit Cycle

Saul SMSF recently conducted a survey to understand the impact of the Federal Government’s proposed three-yearly audit cycle for SMSFs.

260 survey respondents answered 30 questions and submitted over 1,700...

What’s your opinion on a 3 year SMSF audit cycle?

The 2018 Federal Budget proposed the SMSF audit cycle be extended to 3 years for funds with good compliance history, starting from 1 July 2019. Treasury has asked for...

© For Accountants 2014
Show Buttons
Hide Buttons