Audit rule ‘the source of most disruption’
Independence mandate exacerbates the problem of SMSF auditors deserting the industry, ASF Audits says.
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Independence mandate exacerbates the problem of SMSF auditors deserting the industry, ASF Audits says.
The pandemic, natural disasters and crypto also caused hold-ups according to Class annual report.
Trustees of SMSFs must appoint an approved auditor no later than 45 days before lodgement or risk the consequences.
A disqualified administrator tried to place the blame for the breaches of his fund on a professional's advice.
The transition to the new TBAR regime could see some SMSFs end up with incorrect assessments where they delay reporting to a later stage, ...
With significant numbers of directors yet to apply for their director IDs, meeting the deadline may be challenge for the SMSF industry.
A local industry head has argued the future of the financial advice sector will be boosted if stakeholders lead the way.
Where clients plan to commence an account based pension in a short time frame, careful planning around the sale of assets can save clients ...
The Tribunal has refused an SMSF auditor’s application to stay a disqualification decision, pending an appeal.
The 35–44 age group is the most popular in which to establish an SMSF, according to Class’s latest benchmark report.