Professionals set to excel at SMSF Audit Day

The SMSF Association’s annual SMSF Audit Day returns on 9 September, as a one-day virtual event dedicated to the regulatory and compliance issues shaping SMSF audits. Designed for all SMSF professionals, the program explores how to work together to streamline the audit process and uphold the integrity of the sector.

SMSF Association CEO Peter Burgess says: “SMSF Audit Day recognises the essential role auditors play in ensuring that trustees comply with their obligations. Their responsibilities go far beyond ticking boxes – they are central to ensuring quality and trust in the sector. This event is curated to equip professionals with the knowledge and confidence to meet today’s complex audit challenges head on.”

SMSF auditors are under heightened scrutiny, with disqualification cases increasingly tested in the Administrative Review Tribunal (ART). Recent ART decisions – including Islam, Murphy and Sidhu – highlight gaps in sufficient and appropriate audit evidence and professional standards. During her session, Shirley Schaefer, Director at BDO Audit (SA) Pty Ltd, will unpack the lessons from these cases and showcase how to strengthen audit files.

The event will also tackle one of the fastest growing challenges for SMSF auditors: digital assets. Digital assets are no longer fringe investments in SMSFs and auditors are on the frontline of testing compliance in this fast-moving space. Shelley Banton, Head of Technical at ASF Audits, will cut through the complexity, helping all SMSF professionals identify red flags, gather the right evidence, and keep pace with regulatory expectations.

Burgess says the event is not just about technical updates – it’s about recognising that strong SMSF audits strengthen the entire sector. “By upholding the quality and integrity of SMSF audits, we protect trustees, build confidence, and ensure the SMSF sector remains sustainable. All SMSF professionals can play a role in the audit process, and this event is designed to support them in working together.”

Up to six SMSF Audit CPD hours will be available to attendees. Registrations are now open.

View the full program and register as a delegate.