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Focus Areas for the ATO's 2016/17 SMSF Auditor Compliance Program

CPA Australia Podcast

Release Date: 08/23/2016

In this podcast Craig Blair from the ATO sets out the areas which the ATO plan to focus on in their forthcoming SMSF auditor compliance program for 2016/17. Craig explains auditor independence and audit quality issues which have been identified through previous reviews of SMSF auditors and the ATO’s data analytics, which the ATO now intend to target. This podcast is essential listening for SMSF auditors to assist them in determining whether any of the independence or audit quality risk factors identified by the ATO may apply so that they may address those issues proactively.