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ATO addresses outsourcing queries with auditor independence

ATO addresses outsourcing queries with auditor independence

The ATO has shed further light on its stance on a common outsourcing arrangement in the SMSF industry in relation to the auditor independence standards.

by Shared by Accountants Daily | 8 Nov, 2020

ATO extends deadline for reviewing market-linked pensions

A number of specialists in the SMSF industry have been seeking further guidance on what the ATO’s position is in regard to arrangements where a specialist SMSF firm prepares the financial statements and conducts the audit but another business is the tax agent.