Independence

Managing change for APES 110

2023-01-10T20:50:14+11:00April 1st, 2021|Categories: Audit News, Independence, Self Managed Super Funds|

Organisational change is never easy but it can bring outstanding benefits. Daria Galstyan CA, Associate Director – Audit at Evolv, looks at how accounting and advisory firms can manage the changes required for SMSF audit independence.  Moving to an independent SMSF auditor is a process that calls for planning [...]

When onboarding is easy

2023-01-10T20:51:16+11:00March 25th, 2021|Categories: Audit News, Independence, Self Managed Super Funds|

What does it take to move to an independent SMSF audit service? Surprisingly little when you partner with the right auditor.  Muhammad Khalid, SMSF Audit Manager at independent SMSF audit specialist Evolv, explains just how easy it can be to transition to an external SMSF auditor. “At Evolv, we [...]

APES 305 – the impact on SMSF audit terms of engagement

2023-01-10T20:52:38+11:00March 18th, 2021|Categories: Audit News, Independence, Self Managed Super Funds|

APES 305 gives accounting practices a compliance framework to implement SMSF audit independence ahead of 1 July 2021. Daria Galstyan CA, Associate Director – Audit at Evolv, points out that the disclosure requirements of APES 305 are based on materiality. If a firm uses another firm’s services to a material degree, [...]

Smoothing the journey to SMSF audit independence

2023-01-10T20:55:59+11:00January 28th, 2021|Categories: Audit News, Independence, Self Managed Super Funds|

Smoothing the journey to SMSF audit independence Change may not always be easy, but independent SMSF audit specialist – Evolv, offers a dedicated onboarding process that is helping accountants and business advisers transition to SMSF audit independence. The requirements for SMSF audit independence that take effect from 1 July [...]

Data fed transactions: How much testing is enough?

2023-01-10T21:00:34+11:00December 2nd, 2020|Categories: Audit News, Independence, Self Managed Super Funds|

Ron Phipps-Ellis, founder and CEO of SMSF audit specialists Evolv, explains the firm’s cost-effective approach to auditing data fed transactions. Data feeds not only have the potential to streamline the audit process, they also pave the way for automation, making the audit more efficient and more cost-effective for the [...]

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