Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

How the proposed 3 year audit cycle will impact the accounting sector

The government’s proposal to introduce a three-year audit cycle for some SMSFs has received extensive criticism from key professional bodies within the accounting industry, with many unable to see any benefit to the proposal and instead identifying potential for a growth in compliance breaches.

Podcasts Todd Stevens 07 December 2018
— 1 minute read
shelley banton  asf audits

On this episode of Accountants Daily Insider, host Katarina Taurian is joined by executive general manager of technical services at ASF Audits, Shelley Banton, who will discuss her thoughts on the proposed changes, and the likelihood of the policy going ahead.

They will discuss the issues that will arise as a result of the changes, how it could lead to privacy risks for SMSF clients, and if there is any evidence that the proposal will actually help the integrity of the accounting sector.

Advertisement
Advertisement

How the proposed 3 year audit cycle will impact the accounting sector
image intro
accountantsdaily logo

 

Are you thinking of expanding your offering into SMSFs to grow your client base? Become a pro at SMSF fundamentals and make your clients bulletproof with the SMSF Foundations course. Learn directly from Aaron Dunn from Smarter SMSF as he deep-dives into the fundamentals you need to know to successfully undertake your work as an SMSF practitioner. Earn up to 21 CPD hours! Learn more

Podcasts