Tag: Audit

2 May — 31 Jul 2024

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEST.

Please see the ADG terms and conditions here .

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEDT.

Please see the ADG terms and conditions here .

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEDT.

Please see the ADG terms and conditions here .

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEDT.

Please see the ADG terms and conditions here .

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEST.

Please see the ADG terms and conditions here .

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEST.

Please see the ADG terms and conditions here .

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEST.

Please see the ADG terms and conditions here .

Join in the conversation with this unique online discussion group designed for our SMSF Specialist Auditors (SSAud) and SSAud candidates.

The SMSF Association is proud to host these sessions, facilitated by leading SSAud members, and supported by the SMSF Association’s technical team.

These sessions are an opportunity for auditors to come together and discuss issues affecting SMSF auditors in practice. This includes topics of a technical nature, professional and ethical standards, and emerging issues.

Enhance your practice, network with other specialist auditors and earn SMSF audit CPD hours.

The topics for discussion are member led, with participants invited to submit their SMSF audit related topics and issues for discussion to [email protected].

A copy of the agenda and online access details will be emailed to registered participants 24 hours prior to the ADG.

PLEASE NOTE: Registration for this discussion group is limited to our SMSF Specialist Auditor (SSAud) members and those currently enrolled in the SSAud program only.
Time is reflected as AEST.

Please see the ADG terms and conditions here .

SMSF Specialist Auditors that cancel their membership may regain their SSAud designation if they rejoin as an Associate within 3 years of ceasing their membership and complete the SSAud Designation Exam.

The Part B compliance audit requires consideration of several compliance matters, including:

  • Fund structural and residency requirements
  • Contributions and benefit payments

In completing this part of the engagement, the SMSF auditor needs a thorough understanding of both superannuation and income tax legislation and supporting regulations.

What is a contribution? When can a contribution be accepted by the SMSF? What are the auditor’s obligations in relation to excess contributions or age-related restrictions? What are the audit requirements in regard to pensions, death benefits, and member insurance?

This Module takes a deep dive into these questions. It explores audit requirements involving contributions and the withdrawal of superannuation benefits, both during a member’s life and after death. It also explores the compliance audit considerations relating to trustee administrative obligations, SMSF structure, and residency.

LEARNING OUTCOMES

On completing this module, participants should be able to:

  • explain and apply the audit objectives that apply to the compliance audit (Part B) in respect of the trustee obligations and the SMSF definition
  • identify the key components and source of the compliance audit the auditor is required to consider when conducting the audit
  • explain the audit evidence and audit procedures applicable to the compliance audit
  • practical application of the audit framework and audit standards in conducting an audit of the compliance audit (Part B).