Kellie Grant, Director at the ATO, explains what the ATO has found in its reviews of Self-managed Superannuation Fund (SMSF) auditors in the 2019 compliance program and why many of those SMSF auditors were referred to ASIC. The ATO’s 2019 program focussed on the top 100 auditors and high-risk auditors. Kellie explains what the ATO’s focus is for the 2020 program, along with other audit quality initiatives and targeted compliance programs they are running. This is essential listening not only for SMSF auditors, but also for SMSF trustees, their tax agents and accountants.
Guest: Kellie Grant, Director of the SMSF Approved Auditors’ Portfolio, ATO
Host: Claire Grayston, Policy Adviser - Audit and Assurance, CPA Australia