Is your audit intelligence artificial?

Is your audit intelligence artificial?

Technology Automation vs Professional Judgement in SMSF auditing Technology enables greater efficiency in SMSF auditing, which in turn gives time and cost savings. However, risks arise when artificial intelligence entirely replaces professional judgement by an...
3 Year Audit Cycle Misses the Point

3 Year Audit Cycle Misses the Point

The 2018 Federal Budget announcement proposed that the SMSF audit cycle be extended to three years for funds with good compliance history, starting from 1 July 2019. Is that crazy? Mixed messages On the one hand, the government is making a noise about SMSF compliance,...
Real property and real independence

Real property and real independence

How do you attribute value to real property? And is this value consistent for all purposes, such as both claiming CGT relief as well as accumulating towards Total Super Balances? Valuation Methodology Independent professional valuations are the best evidence to...