Is Your Auditor Truly Independent? Here’s Why it Matters

Is Your Auditor Truly Independent? Here’s Why it Matters

Businesses need to consider whether they are engaged with a truly independent auditor to avoid potentially exposing their company to unnecessary risk, costly mistakes or even non-compliance. An auditor presents an opportunity for a business to have their financials...
Don’t say ‘yes’

Don’t say ‘yes’

Auditing Standard ASA 510 requires that the auditor shall obtain sufficient and appropriate audit evidence about whether the opening balances in the financial statements of a SMSF contain misstatements that could materially affect the current period’s financial report...
Announcement re SMSF Audit Independence

Announcement re SMSF Audit Independence

Significant changes have been introduced by the (APESB) about the limitation of services an SMSF Auditor can provide. The APES 110 guide states that “An SMSF Auditor cannot conduct an Audit on a set of Special Purpose Financial Statements where the auditor,...