Independence standards to impact 54% of SMSF accountants, survey shows

The proportion of SMSF accountants to be impacted by the new auditor independence standards could be higher than originally estimated, with a recent industry survey indicating that just over half currently perform some in-house audits.

by Shared by Accountants Daily | 30 Sep, 2020

Insurers to offer 6-month payment deferral to small business

Tactical Super director Deanne Firth said with in-house audits and “Chinese walls” being scuttled away with the new independence guide for auditors, there will be a lot of movement in the SMSF audit space in the next year.