Sharlene Anderson Director, Veritas Corp Registered SMSF Auditor In brief: The Cooper Review of 2009 stated “Given the growing size of the SMSF sector and the importance of the audit role, the Panel believes that the current frequency of annual audits is appropriate and should not be reduced” The potential for professional fraudsters to take advantage of this proposal is … Read More
Accounting & Audit: Automation – How Much is Too Much?
by Sarah Butler, CaseWare SMSF Audit Product Manager As Product Manager of a cloud-based solution, I try to keep up with the latest trends in the world of technology. But in recent years, this has been a hard thing to do! Digital disruption, data feeds, blockchain, artificial intelligence, machine learning… the list goes on. At CaseWare though, the current hot … Read More
Balancing Efficiency & Compliance
When first developing our CaseWare Cloud SMSF Audit™ product, we engaged an expert in the field to write our Checklist content. Sharlene Anderson is an approved SMSF Auditor and Director of Veritas Corp in Queensland. She and her team have been auditing SMSF’s for many years, so her extensive experience and specialist knowledge has been a great asset to us … Read More
How Safe Is My Data In the Cloud?
What criteria should I judge a cloud software provider by? One of the common concerns we hear of from prospective CaseWare Cloud subscribers is data security – if my data isn’t in a box in the office, where does it go and who can access it? It is a legitimate concern to have too – there are a number of … Read More
Software Update Timing for SMSF Audit
Hi SMSF Auditors, Our CaseWare Cloud SMSF Audit (TM) product has been out for a few busy seasons, so we have decided to alter our release schedule. As many of you will know, we have released functionality updates to SMSF Audit on a monthly basis over the past few years. This has been to ensure you always have the latest … Read More
CaseWare Knowledge Webinar – SMSF Audit
CaseWare Australia & New Zealand are proud to present another CaseWare Knowledge Webinar in our series: Current Issues and Headaches for SMSF Auditors (90 mins) Wed, Aug 16, 2017 11:00 AM – 12:30 PM AEST In this customer exclusive practical session, our CaseWareCloud SMSF Audit content specialist Sharlene Anderson (RCA, approved SMSF auditor and Director of Veritas Corp) will work … Read More
Trustees failing to provide requested documentation
SMSF Audit Technical Issues Series In this blog series, CaseWare’s SMSF Audit expert and content provider Sharlene Anderson, outlines common technical SMSF issues, and what auditors need to consider for each. This is the sixth and final issue in this series. Trustees failing to provide requested documentation Regulation 8.03 of the SIS Regulations requires the auditor to give the audit … Read More
Examining an enduring power of attorney when a member has lost capacity
SMSF Audit Technical Issues Series In this blog series, CaseWare’s SMSF Audit expert and content provider Sharlene Anderson, outlines common technical SMSF issues, and what auditors need to consider for each. This is the fifth issue of six. Examining an enduring power of attorney when a member has lost capacity A fund does not fail to meet the definition of … Read More
Auditing Investments in Related Pre-August 1999 Unit Trust
SMSF Audit Technical Issues Series In this blog series, CaseWare’s SMSF Audit expert and content provider Sharlene Anderson, outlines common technical SMSF issues, and what auditors need to consider for each. This is the fourth issue of six. Auditing Investments in Related Pre-August 1999 Unit Trust When auditing an SMSF with an investment in a pre-August 1999 related unit trust … Read More
Auditing artwork and satisfying insurance obligations
SMSF Technical Series Continued… In this blog series, CaseWare’s SMSF Audit expert and content provider Sharlene Anderson, outlines common technical SMSF issues, and what auditors need to consider for each. This is the third issue of six. Amongst other requirements regulation 13.18AA of the SIS Regulations requires SMSF investments in artwork and other collectable and personal use assets to be … Read More