The ATO, SMSF Audits and Independence Standards
The ATO, as the regulator for the SMSF sector, has SMSF Auditor compliance with the APESB Independence Guide as a key focus for the 2020/2021 Financial Year.
What does your firm need to do to ensure your practices, processes, workpapers and check lists meet these guidelines?
Utilise specialised content packs with up-to-date standards, programmes, checklists and procedures:
Maximise your fee revenue
Automate the mundane and personalise the exceptions. See our client case studies showing significant increased productivity and higher fee recovery.
Time and cost savings
Leverage numerous time saving features to streamline the way work is done and enable managers and staff to focus on productive tasks.
Increase compliance quality
Standardise your processes, checklists and procedures for how work is done in your practice; monthly, quarterly, year-end and audit.
Improve team collaboration
A cloud platform to do your work on, manage your work and collaborate.
Manage jobs and tasks effectively
Customisable workflows, dashboards and analytics. Partners and managers can easily prioritise work, filter by deadlines, team members or job stage.
Increase client retention and engagement
Collaborate and engage with clients timely and efficiently within the software. Share documents and queries in the Client Portal, all direct to the client file.
Reduce risk of errors
Workpaper index, programmes, checklists and reports are dynamically built from API (or CSV) connections to bookkeeping products.
Audit trail of documents and work done
Version control of all documents, track all work performed and queries and responses. Ensure reviews are completed.