Aug 27, 2024
Despite the Federal Government claiming changes to superannuation will make the system ‘more sustainable and fairer’, closer examination of the draft legislation reveals the measures are actually inequitable and unsustainable in the long term. At a simple level, plans...
Aug 27, 2024
On the back of recent amendments to the Superannuation Industry (Supervision) Act allowing a change in financial statement signatory requirements, questions are being asked about whether audit documentation should also be subject to those changes. Specifically, some...
Oct 10, 2023
Seven months on from the Federal Government’s announcement that it will shift the goalposts for Australia’s superannuation system, the topic is no longer headline news, but that doesn’t mean concerns around the planned changes have abated. In fact, as the planned...
Jun 21, 2023
The way businesses operate has changed significantly since the days of having all employees in-house, to the point where it’s no longer unusual for companies to hire a range of external contractors for myriad of tasks, on short term, long term, or even indefinite...
May 2, 2023
As a superannuation auditor with decades of experience, I am passionate about maintaining the integrity of Australia’s superannuation system and ensuring it continues to benefit all people for generations to come, which is why I believe it’s essential that the Federal...
Jul 29, 2021
Auditing Standard ASA 510 requires that the auditor shall obtain sufficient and appropriate audit evidence about whether the opening balances in the financial statements of a SMSF contain misstatements that could materially affect the current period’s financial report...