The ATO’s new standard audit report released
The Australian Taxation Office have released their standard audit report for the year ended 30 June 2014 (NAT 11466) and interestingly there are no new sections or regulations of the Superannuation Industry (Supervision) Act 1993 for the auditor to review. Therefore clients should expect an audit approach which is very similar to the 2013 financial year.
Author
David Burrows
Director
David's wealth of business experience and a clear vision for the future has enabled Baumgartner Super to establish itself as a market leader.
Recent articles by David
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International Women’s Day 2023
The Baumgartners IWD Committee went all out this week with two special events to mark IWD 2023.
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SMSF loses assets to trustee in bankruptcy
An important lesson for trustees on the significance of keeping money and assets separate as SIS regulations require.
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Valuation of assets in 2020
Baumgartner Super Director, David Burrows, takes a look at the issues specific to certain asset classes for 2020 and revisits the requirements around valuation.