Don’t risk a cheap or substandard audit

Don’t risk a cheap or substandard audit

Recently, an Australian court ruled that the auditor of a self-managed super fund (SMSF) was liable for a client’s investment losses because they didn’t bring problems to the attention of the client when they audited the fund. The case – Ryan Wealth Holdings Pty Ltd v...
The changing face of Australia’s super savers

The changing face of Australia’s super savers

How many of your clients are female SMSF trustees born after 1976? If ATO statistics are anything to go by the answer is probably “not many, if any”. However, as young hopefuls step up to the world of financial responsibility, accountants across Australia...
3 SMSF compliance points the ATO will focus on in 2018

3 SMSF compliance points the ATO will focus on in 2018

Following the July 1 super changes, the ATO will be paying particular attention to certain areas of compliance. When advising your clients on SMSF investment products, you’ll need to look out for these key focal points to ensure their assets continue growing in...