Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREProperty value risks flagged with audit measure eligibility
SMSFs with property should not be eligible for three-year audits as this could lead to the manipulation of financials and incorrect valuations being carried over multiple years, warns a mid-tier firm.
Last week, Treasury released a consultation paper on the proposed three-year audit cycle which provided further detail on the eligibility criteria and transitional arrangements.
Read the full article at SMSF Adviser.
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