Busting the myths of SMSF accounting and auditing

National Conference 2021

Do your SMSF audit skills pass the smell test? Making sure you know what you’re doing from the very start of the audit right up until the very end will reduce SMSF auditor litigation risk.

Engage with your peers as this workshop deep dives into case studies that will throw up twists and turns designed to challenge even the most experienced SMSF auditor.

The workshop will cover trust deeds, contributions, related party transactions, pensions, in-house assets, market valuations and much more.

At the end of the session, you will be able to:

  • Determine the type of audit evidence required for complex assets;
  • Apply knowledge of SIS rules to problematic scenarios, and;
  • Evaluate audit evidence to form an opinion on SMSF compliance.

Busting the myths of SMSF accounting and auditing

Technical Paper

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association