by David Saul | Apr 2, 2019 | Financial Services
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 exist and are clearly owned by the fund, and importantly, where unsecured loans may...
by David Saul | Mar 6, 2019 | Financial Services
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 cut-price services. Recent litigation against Auditors has highlighted the requirement...
by David Saul | Feb 3, 2019 | Financial Services
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 and investment advice – with the same or closely-related advisory firms is...
by David Saul | Jan 17, 2019 | Featured Articles
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 in preparing meaningful SMSF financial reports. It has an...
by David Saul | Oct 25, 2018 | Financial Services
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 proposed 3 year audit cycle goes ahead, we may be seeing more litigation cases involving SMSFs. Saul SMSF has...
