- Presentations
- Audit, Investment standards
National Conference 2025
In this session, Bryce addresses the critical issues surrounding evidencing market value for SMSFs. Attendees learnt what the ATO expects when auditing approved SMSF auditors and how to properly document asset values without needing to engage a qualified independent valuer. Bryce explores key changes in the ATO’s position on market valuations, providing practical guidance on how to evidence the value of residential and commercial real estate, as well as more complex investments like unlisted entities. This session equips you with the knowledge to meet compliance standards and satisfy both auditors and the ATO.
By watching this session, you will be able to:
- Understand the ATO’s expectations for evidencing SMSF asset valuations and the role of auditors in meeting these standards, particularly without relying on a qualified independent valuer.
- Learn practical approaches to documenting market values for a variety of assets, including residential and commercial real estate, as well as complex investments such as unlisted entities.
- Gain insights into recent changes in the ATO’s stance on market valuations and learn how to implement these changes to meet compliance requirements and satisfy both auditors and the ATO.
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