SMSF auditors should pay careful attention to ASIC’s surveillance report into the financial reporting and audit of registrable superannuation entities, ...
Data feeds are set to become increasingly important as SMSF software providers try to keep up with regulatory changes and ...
For SMSFs investing in trust structures, it is important to ensure the issue price of new units are based on ...
The SMSF Association has said it supports the Australian National Audit Office’s proposed performance audit of the ATO’s regulation of ...
Maintaining “perceived” independence can be one of the major challenges for an auditor, a specialist consultant has said.
Trustees of SMSFs holding concentrated property assets are being urged to ensure valuations are robust, particularly when a single holding ...
A leading technical expert says several key elements must be verified when preparing financial and member statements up to 30 ...
Basic common sense is one of the best tools to detect fraudulent schemes, a forensic auditor has said.
The ATO has reminded SMSF auditors that they must gather sufficient evidence to verify ownership and asset separation.