6+ day, 4+ hour ago   (334+ words) The regulator said preparing early gives SMSF auditors time to identify and resolve any issues before forming an audit opinion. It added that as part of that process auditors should follow several key steps beginning with assessing and documenting their…...

6+ day, 4+ hour ago   (458+ words) “That question is; Do you know who is signing your SMSF audits?” Randeria said. “ASIC found that a disqualified auditor continued providing SMSF audit services and created 47 false audit reports using another registered auditor’s name without that auditor’s involvement or…...

1+ week, 5+ day ago   (296+ words) Ellem said on a recent compliance webinar that the cost-base reset is tied to 30 June 2026 market values but isn’t due until the 2026–27 return — an important distinction as SMSFs prepare for the first year of Division 296 reporting. Ellem said he has…...

1+ week, 6+ day ago   (442+ words) Miller said on a recent webinar for Super Guardian that despite the changes to the rules on limited recourse borrowing arrangements SMSFs can still acquire residential property if they do it directly. “As long as it’s not leased to a…...

1+ week, 6+ day ago   (625+ words) As funds face more complex disputes, governance failures and high‑risk behaviours, advisers are warned that audits requiring deeper investigative scrutiny are no longer rare and the consequences for trustees who fail to engage properly can be severe. “A forensic…...

2+ week, 2+ day ago   (679+ words) In a recent compliance webinar, Cullen said the ATO is likely to be checking that all the boxes are ticked in relation to ECPI. “There are a couple of things to look at when lodging or completing a tax return,…...