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ATO reverses changes to SMSF auditor instructions

The ATO has reversed changes made to the wording in the Independent Auditor’s Report instructions following concerns raised by SMSF auditors.

ATO reverses changes to SMSF auditor instructions
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ATO reverses changes to SMSF auditor instructions

In June this year, the ATO updated the Independent Auditor’s Report (IAR) instructions so that auditors would not need to modify their opinion in Part B of the IAR with respect to certain contraventions arising from the impacts of COVID-19 for the 2019–20 and 2020–21 financial years.

Read more at SMSF Adviser. 

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