The With Interest podcast brings you unrivalled commentary and thought leadership for businesses, accounting and finance professionals. Each week, we share expert industry opinions, insights and resources across accounting, public practice, taxation, auditing, finance, strategy, leadership, economic and business-related issues. Subscribe today to stay up-to-date with the latest episodes. With Interest is presented by CPA Australia, one of the world’s largest accounting bodies, with core services that include education, training, technical support and advocacy. In 2018, CPA Australia won an Award of Excellence at the 24th Annual Communicator Awards in the category of 'Podcasts - General-Corporation/Business'. ---------------------------------------------------- CPA Australia publishes three podcasts: - With Interest - INTHEBLACK - Excel Tips To find out more about our podcasts, visit https://www.cpaaustralia.com.au/tools-and-resources/podcasts - or search for the shows in your podcast service. To contact the podcast team email us at podcasts@cpaaustralia.com.au.
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The ATO explain their approach to SMSF auditor oversight
The ATO have been making record referrals of SMSF auditors to ASIC, which they expect will continue to rise. In this podcast Kellie Grant, Director of the SMSF Approved Auditors Portfolio at the ATO, explains to Claire Grayston, CPA Australia’s policy adviser on audit and assurance, what the ATO are looking for in their reviews of SMSF auditors and shares the two new programs they are pursuing in 2018/19. Kellie sets out how the ATO are selecting auditors for review, what their expectations are of a compliant audit file, as well as the actions they take where breaches of the independence requirements or auditing standards are found. Kellie highlights what can be learnt from the latest case law and how the ATO can help SMSF auditors, including in identifying SMSF auditor number (SAN) misuse.