Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREAuditors in financial advice firms warned on independence threats
SMSF auditors auditing the funds of clients also receiving financial advice from the same firm may be at risk of breaching the APES independence standards, depending on the remuneration model, warns an audit firm.
ASF Audits head of education Shelley Banton said for firms offering financial planning advice as well as SMSF audit services for the same clients, there are some potential self-interest and review threats because the firm’s fees may be directly linked to the financial planning advice.
Read more at SMSF Adviser.
Previous
ATO urges businesses to be on the lookout for untrustworthy advisers
Next
SMEs could get their hands on millions following BI test case ruling
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
READ MORE
QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
READ MORE