ATO explain their SMSF Auditor 2019 compliance program findings and 2020 focus areas

38:17
 
Share
 

Manage episode 256001760 series 1234827
By CPA Australia. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Kellie Grant, Director at the ATO, explains what the ATO has found in its reviews of Self-managed Superannuation Fund (SMSF) auditors in the 2019 compliance program and why many of those SMSF auditors were referred to ASIC. The ATO’s 2019 program focussed on the top 100 auditors and high-risk auditors. Kellie explains what the ATO’s focus is for the 2020 program, along with other audit quality initiatives and targeted compliance programs they are running. This is essential listening not only for SMSF auditors, but also for SMSF trustees, their tax agents and accountants.

Guest: Kellie Grant, Director of the SMSF Approved Auditors’ Portfolio, ATO

Host: Claire Grayston, Policy Adviser - Audit and Assurance, CPA Australia

211 episodes