The ATO has released version 7.0.0 of the eSAT electronic superannuation audit tool. The June 2014 release has been updated to allow lodgement of Auditor/Actuary Contravention Reports for the 2014 lodgement year.
This release also includes a new question R8.02B – Valuation of Assets, with the note:
“When preparing accounts and statements required by subsection 35B(1) of SISA, an asset must be valued at its market value”
What is eSAT?
First introduced in 2008 eSAT is an alternative to the paper form for auditors to lodge a contravention report. eSAT offers the following features: