SMSF investment strategy set to attract auditor, ATO scrutiny
Tony Zhang
The ATO’s approach to investment strategies has caused a rippling effect for auditors, as increased focus could soon be ramped up on the f
The ATO’s approach to investment strategies has caused a rippling effect for auditors, as increased focus could soon be ramped up on the f
An industry compliance consultant has called for the government to intervene after it found advisers were being charged late fees for failin
One key criticism of the draft Law Companion Ruling 2019/D3 (Draft LCR) is the breadth of the ATO’s view in relation to the “nexus” re
With the 2020–21 financial year entering the last quarter, it is timely for SMSF trustees to consider the currency of the fund investment
The ATO has flagged that it will continue to formulate its position on referral sources ahead of incoming auditor independence standards, ai
The ATO’s new approach towards the allocation of professional firm profits will cause a large number of practitioners and their firms to f
The ATO has warned SMSFs that the transfer balance account report (TBAR) is due by 28 April 2021, with additional considerations ahead of th
A new update has been applied to the recently released ATO independence guidance for approved SMSF auditors.
Understanding the various approaches and legal positions for an SMSF when facing the ATO will be crucial to effectively deal with the multit
Evolv has entered into a strategic alliance with AuditMatch aimed to deliver rapid solutions for accounting firms facing the SMSF audit inde
The recent High Court decision ruling Westpac had provided personal advice when it meant to give general information over the phone will hav
On the first day of the virtual ifa Business Strategy Day for 2021, the standards authority revealed how its exam questions are assessed and
Transfer balance account reporting will need to be closely tracked to take into account the impacts it will have on pensions and commutation
ASIC has insisted its hands are tied when it comes to the industry levy, saying ultimate responsibility for the funding model falls to the g
The ATO has released its long-awaited guidance on SMSF auditor independence, reaffirming the requirements set out in APES 110 Code of Ethics
SMSF auditors have been warned that SMSF firms cannot rely on the ATO’s benchmark guidance regarding reciprocal arrangements as it does no
ASIC has released new legislative instruments around advice fee consent and lack of independence disclosure, designed to strike a balance of
The ATO has made an extension on the transitional compliance approach in PCG 2020/5 for another 12 months, providing relief around critical
Ahead of the coming indexation of contribution caps, super contributions are facing the reality of becoming increasingly complex, with fears
Understanding how reportable breaches will be decided and weighed upon will be crucial when preparing the SMSF’s investment strategy to be
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