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ASIC swoops on auditors over experience requirements

A total of 42 SMSF auditors have now had their registrations either cancelled or had conditions imposed due to their...

20 August 2020 • By Miranda Brownlee

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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

Super

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

Super

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

Super

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

Super

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

Super

ASIC responds to unlicensed early super release advice

ASIC has received over 100 reports of misconduct from the public regarding the provision of unlicensed advice by real...

16 July 2020 • By Miranda Brownlee

Super

New guidance to clear the ‘murky waters’ of auditor independence

Fresh guidance released by the Accounting Professional and Ethical Standards Board has clarified that firms...

19 June 2020 • By Miranda Brownlee