Gaps identified in ATO auditor independence guidance
While the recent ATO commentary on the APESB Independence Guide has been welcomed, an SMSF services firm has identified an omission in the ATO’s response relating to a common structure used in the industry.
Last week, the ATO released further guidance on the APESB Independence Guide, providing further detail on what firms need to do to overcome independence hurdles and its compliance approach for 2020–21 and future years.
Read more at the Accountants Daily.
