Audit risk areas flagged for SMSFs for FY21–22
An SMSF auditor has outlined some of the areas SMSF auditors will be scrutinising with audits for the 2021–22 financial year.
SMSF Adviser keeps the SMSF sector up to date with the latest and breaking news, and is the authoritative source of information for legal, compliance and regulatory updates.
SMSF Adviser’s news caters to all professionals in the SMSF sector, including accountants, financial planners and auditors.
An SMSF auditor has outlined some of the areas SMSF auditors will be scrutinising with audits for the 2021–22 financial year.
Where there are significant issues with a chain of trust deeds, SMSF clients may be better off rolling over to a new fund to avoid potential ...
A new toolkit has been released which guides advisers on how to create a video statement of advice that complies with the necessary ...
Vanguard has called for a complete overhaul of the advice industry.
ASIC has commenced civil penalty proceedings against Mercer Financial Advice for allegedly misleading customers about fees for no service ...
With the ATO announcing a move towards quarterly TBAR reporting, Heffron has highlighted circumstances where SMSF trustees should report ...
A recent court decision has spurred debate around reversionary pensions and binding death benefit nominations and which document should take ...
The corporate regulator said the adviser failed to prioritise his clients’ interests over his own.
As the financial year draws to a close, SMSFs have been warned that wash sale arrangements will be a significant focus for the ATO this tax ...
The ATO has revealed details on how its streamlined approach for transfer balance account reporting will operate for SMSFs from 1 July 2023