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| | | ... SMSF sector. Auditor registration will increase the assurance that can be placed in the SMSF audit by ensuring that SMSF auditors are competent to detect and report contraventions of the superannuation law," he said. Audit quality in the SMSF sector ... |
| | | | ... have one client that has 2000 funds," he said. "We negotiated a volume rate for them." The online system allows SMSF auditors to communicate with fund administrators and accountants, Auditflow said in a release. The firm released similar software in ... |
| | | | ... raising competency levels through the proposed Future of Financial Advice Reforms - while 6 out of 10 advisers agree SMSF auditors should be registered with ASIC, new research shows. According to the 2010 SPAA Technical Conference Advisor Survey, which ... |
| | | | ... guideline which provided for effective documentation, storage and valuation of collectables in SMSFs, to be used by SMSF auditors. This was a response to an early Cooper Panel recommendation that SMSFs be banned from investing in 'exotic assets', such ... |
| | | | ... follows a push from the Liberal Party and the SMSF Professionals Associations of Australia (SPAA) for accredited SMSF auditors. Chris Pearce, shadow minister for financial services, superannuation and corporate law, said specialist auditors would assist ... |
| | | | Growing scrutiny on the self managed super fund (SMSF) industry highlights the importance of an accredited SMSF auditors, according to the SMSF Professionals' Association of Australia (SPAA). Chris Pearce, shadow minister for financial services, superannuation ... |
| | | | ... auditing practices, and will call on new legislation to recognise auditors accredited to work on SMSFs as specialist SMSF auditors. "We're applying for a change in legislation to be added to the register. It will recognise the auditors as specialist ... |
| | | | The growth in the Self Managed Super Fund (SMSF) sector demands greater education to ensure trustees and auditors remain competent, said the ATO. Ian Read, Australian Tax Office acting deputy commissioner of superannuation, said the growth of SMSFs ... |
| | | | ... products. To assist with this, we have established two new industry work groups specifically for SMSFs. One is for SMSF Auditors and the other is for SMSF Administrators," said the ATO. Of most concern to the ATO, according to the newsletter, is that ... |
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