Accountants ‘at epicentre’ of growth in non-bank finance
Accountants are helping open the door to alternative sources of finance and investment as the trusted advisers to...READ MORE
While automated data feeds have led to some substantial efficiency improvements with the processing of SMSFs, they are also causing some significant headaches for auditors and potentially compromising the accuracy of client data.
SuperAuditors director Shelley Banton said there is a misconception by some in the SMSF industry that just because there are automated data feeds tracking the movements of the fund that auditors don’t need to verify this information is correct.
Read the full story at SMSF Adviser.