655 paragraphs found
SMSFs are a specific type of superannuation fund which have fewer than five members and are regulated by the Australian Taxation Office (ATO). In addition, the SISA [3] gives ASIC the responsibility for the registration of approved SMSF auditors and …
The SISA, subsection 35C(1), requires SMSFs to be audited each financial year by an approved SMSF auditor (the auditor), [5] who is required to complete both the financial audit and the compliance engagement and sign the auditor’s report before a SMSF may …
This Guidance Statement has been developed to identify, clarify and summarise the existing responsibilities which the auditor has with respect to conducting SMSF audits, and to provide guidance to the auditor on matters which the auditor considers when …
This Guidance Statement does not extend the responsibilities of the auditor beyond those which are imposed by the SISA, SISR, Australian Auditing Standards (Auditing Standards or ASAs), Standards on Assurance Engagements (ASAEs) or other applicable …
This Guidance Statement comprises: an introductory section, which provides guidance on matters common to both the financial audit and compliance engagement; Part A, which provides guidance on the financial audit; Part B, which provides guidance on the …