1.0SMSF Auditors, Self Managed Super Funds Audits | ASF Auditshttps://asfaudits.com.auShelley Bantonhttps://asfaudits.com.au/author/shelly/rich600338<blockquote class="wp-embedded-content"><a href="https://asfaudits.com.au/apesb-overhauls-smsf-engagement-letters/">APESB Overhauls SMSF Engagement Letters</a></blockquote> <script type='text/javascript'> <!--//--><![CDATA[//><!-- /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!/[^a-zA-Z0-9]/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute("style"),"height"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if("link"===t.message)if(a=d.createElement("a"),i=d.createElement("a"),a.href=r.getAttribute("src"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute("data-secret"))t=Math.random().toString(36).substr(2,10),e.src+="#?secret="+t,e.setAttribute("data-secret",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute("security"),e.parentNode.replaceChild(t,e)}}}}(window,document); //--><!]]> </script><iframe sandbox="allow-scripts" security="restricted" src="https://asfaudits.com.au/apesb-overhauls-smsf-engagement-letters/embed/" width="600" height="338" title="“APESB Overhauls SMSF Engagement Letters” — SMSF Auditors, Self Managed Super Funds Audits | ASF Audits" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe>https://asfaudits.com.au/wp-content/uploads/2021/02/APESB.jpeg1080675In a move that has gone largely unnoticed by the SMSF industry, the Accounting Professional and Ethics Standards Board Limited (APESB) has overhauled APES 305 Terms of Engagement. SMSF professionals will soon be required to include the details of all outsourced services and cloud computing in their SMSF engagement letters. The revised standard has practical implications for […]