December 2021 Q4 - SMP Quarterly newsletters

• Assets transferred to trust • Starting a new practice in the midst of a pandemic • New proposed auditing standard for Less Complex Entities: The 5 W’s answered • SAICA urges SMME’s to escalate late payment by government • When it’s time to say goodbye • Public schools’ financial statements: preparation and audit • The scalability of ISA 315 (Revised 2019) • Subsidiaries without public accountability: disclosures • A loss recoverable under a contract of insurance • Auditing the metaverse • Protection and retention of audit client data • New perspectives on current SMP challenges in turbulent times