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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.

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

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.

Read more at the Accountants Daily.

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