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Home Podcasts

Unpacking upheaval in the SMSF accounting and audit space

SMSF auditors and accountants have been hit by the “perfect storm” with changes in ATO requirements, new legislation, fee pressures etc, driving significant sector change.

by Robyn Tongol
November 5, 2021
in Podcasts
Reading Time: 1 min read
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In this special episode of the SMSF Adviser Show, Aquila Super partner and SMSF expert for litigious matters, Chris Levy unpacks some of the main developments and what they mean for the industry, both now and in the future.

As one of Australia’s largest and most experienced SMSF specialists, Aquila Super has become the preferred outsourced SMSF provider for hundreds of accounting practices nationwide.

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Here, Chris provides a comprehensive, on-the-ground look at how changes to SMSF audit independence and the steady increase in litigation risk will impact the industry moving forward. He also provides insight on the ATO’s increased presence as a regulator for SMSFs, the impact of COVID-19, and the general pressures currently placed on the SMSF and accounting sectors.

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SMSF Adviser is the authoritative source of news, opinions and market intelligence for Australia’s SMSF sector. The SMSF sector now represents more than one million members and approximately one third of Australia's superannuation savings. Over the past five years the number of SMSF members has increased by close to 30 per cent, highlighting the opportunity for engaged, informed and driven professionals to build successful SMSF advice business.

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