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In-house SMSF audit services ‘not worth the risk’, says law firm

While SMSF firms may be reluctant to drop SMSF audit services in response to the APESB guidance, it may be an...

24 August 2020 • By Miranda Brownlee

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Tribunal overturns auditor disqualification

The Administrative Appeals Tribunal of Australia has set aside a decision by ASIC to disqualify an SMSF auditor for...

18 August 2020 • By Miranda Brownlee

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AFP charges 3 people with early access to super fraud

The Australian Federal Police have charged three people with allegedly submitting false claims to withdraw over...

17 August 2020 • By Reporter

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Data feeds critical for new independence standards, says mid-tier

A mid-tier accounting firm has argued that where all of a client’s assets are on data feeds through SMSF-specific...

11 August 2020 • By Miranda Brownlee

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APESB guidance represents ‘significant shift’ for SMSF audits, says ATO

The ATO has cautioned firms providing both accounting and audit services to SMSF clients that very few SMSF audits are...

23 July 2020 • By Miranda Brownlee

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Division 7A relief available to SMSFs, ATO confirms

The ATO has confirmed that SMSFs will be able to request an extension of time to meet their minimum yearly repayments...

20 July 2020 • By Miranda Brownlee

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Surge in SMSF establishments raises alarm for ATO

A double-digit surge in self-managed superannuation fund registrations during the peak of the COVID-19 crisis will...

17 July 2020 • By Miranda Brownlee

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Gold Coast tax agent banned for systemic SMSF lodgement abuse

A Gold Coast tax agent who misused self-managed superannuation fund auditor numbers for over 170 returns has now been...

16 July 2020 • By Jotham Lian