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Integrity on the Line: The Impact of ASIC’s Scrutiny on SMSF Auditors

Integrity on the Line: The Impact of ASIC’s Scrutiny on SMSF Auditors

by Gansen Pappiah | Apr 22, 2024 | Business Services, Featured Articles, Financial Services

The future of SMSF auditors in Australia seems to be at a crossroads, with recent actions by ASIC indicating a heightened scrutiny of the profession. The increased focus is not a sudden move but part of a long-term commitment by ASIC to uphold the integrity of the...
Revisiting independence with audits – Have accounting firms really addressed the problem?

Revisiting independence with audits – Have accounting firms really addressed the problem?

by Gansen Pappiah | Aug 17, 2021 | Business Services, Client Management, Featured Articles, Financial Services

On 1st July 2021, the ATO launched new SMSF Audit independence standards that included in-depth clarification on the complexities surrounding the provision of audit services alongside non-assurance services. In the new standards, ATO guidance confirms that even where...
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