APES 110 Auditor Independence Videos

Below is a webinar on the new Independence Requirements as per APES 110 Guide issued in May 2020 where our Technical Director Manoj Abichandani, SMSF Specialist (UNSW), ASIC Approved SMSF Auditor and Secretary of SMSF Auditors Association of Australia claimed that about 80% of funds will need to find a new auditor from 1st July 2021. He also said that "Since audits were done internally within an accounting firm, about 50% of funds that breached, never had contraventions lodged, will be now unmasked by independent auditors. Wait for skeletons to come out !

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  • NEW APES 110 RULES on SMSF Auditor Independent Requirements

    14-10-2020

    • Circumstances when you can & cannot audit a fund where accounts are prepared by your firm
    • What auditors must do to not breach the new Independence requirements
    • What changes you should make in your Accounting firm now to retain the audit work