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The ATO valuation guidance was last updated in November 2022 (ATO Link). The guidance requires the trustee to determine the market value of the assets in the fund at 30.
FULL ARTICLEFrom 1 October 2021, SuperStream must be used to rollover any superannuation to or from an SMSF. These changes impact a SMSF where a member: Rolls over benefits to a.
FULL ARTICLEAs any accountant with SMSF clients knows, the laws around compliance are complex, and it can be easy for trustees to inadvertently breach the rules. That’s where the relationship between.
FULL ARTICLENo two self-managed super funds are identical so it stands to reason that no two SMSF audits will be the same. Daria Galstyan CA, Associate Director – Audit at Evolv, explains why.
FULL ARTICLEOrganisational change is never easy but it can bring outstanding benefits. Daria Galstyan CA, Associate Director – Audit at Evolv, looks at how accounting and advisory firms can manage the.
FULL ARTICLEWhat does it take to move to an independent SMSF audit service? Surprisingly little when you partner with the right auditor. Muhammad Khalid, SMSF Audit Manager at independent SMSF audit specialist Evolv,.
FULL ARTICLEAPES 305 gives accounting practices a compliance framework to implement SMSF audit independence ahead of 1 July 2021. Daria Galstyan CA, Associate Director – Audit at Evolv, points out that the disclosure.
FULL ARTICLEThere’s a lot riding on your choice of SMSF auditor, and like any long-term relationship, it pays to get it right the first time. As accounting and advisory firms seek.
FULL ARTICLEAs the deadline for SMSF audit independence approaches, accountants need to be mindful when selecting an SMSF auditor with the resources, processes and experience to conduct timely and efficient audits. A smooth.
FULL ARTICLEWe understand that having your clients’ audits completed quickly and easily is important and means more time available to you to focus on supporting your clients.
This document provides some tips for what to look for in an auditor and how best to collaborate with them to make sure your SMSF audit process is straightforward, and your audits are completed quickly and with fewer frustrations along the way.
