Audit of SMSFs - Advanced Workshop

Locations Event dates  
Adelaide Friday, 15 March 2013  Closed 
Perth Friday, 22 March 2013 Closed 
Sydney Thursday, 11 April 2013 Closed 
Melbourne Friday, 12 April 2013  Closed 
Brisbane  Thursday, 18 April 2013  Register 
LiveOne OnDemand*

Recording expiry date:
Tuesday, 2 July 2013

Register 

*Audit of SMSFs - Advanced Workshop via LiveOne can be purchased as a series or as individual sessions. Purchase of the series attracts a 10% discount off the individual session fee.

Stay up-to-date with the latest standards and compliance rules to ensure your clients’ SMSF audits are in safe hands. Register today.

 


Overview

Stay up-to-date with the latest standards and compliance rules to ensure your clients’ Self-Managed Superannuation Fund (SMSF) audits are in safe hands. This workshop supports you in fulfilling the professional accounting bodies' ongoing audit competency requirements (Regulation 7), by keeping you up-to-date with the latest standards and compliance rulings.

Designed for experienced SMSF auditors who work within small to medium accounting firms providing SMSF audits, this workshop is interactive and explores the complex audit scenarios you may encounter in conducting SMSF audits.

Face-to-face workshop

Follow the Hansel & Gretel Super Fund Audit over 3 successive years. The Advanced Workshop will follow the audit of the fund for 3 years, covering off on the following technical issues:

  • Contribution
  • Benefit Payments
  • Investments
  • Auditor Reporting  

LiveOne online training

The three two-hour LiveOne online training sessions will cover advanced SMSF topics via case studies. The case study materials will be provided in advance of the training dates to ensure you get the most from the sessions. You should come prepared to ask questions based on your reading of the case study materials.

The sessions will together encompass a broad range of topics, including:

  • Session 1: SIS compliance – SMSF operations and records
  • Session 2: Contribution rules
  • Session 3: Payment rules

Dates and Locations

  • Date & Time: Thursday, 18 April 2013 9:00 am - 4:30 pm
  • Venue: Institute of Chartered Accountants Australia
    Central Plaza 1
    Level 32, 345 Queen Street
    Brisbane Qld 4000

Thursday, 18 April 2013

Time Session CPE HRS
8:30 - 9:00 am Registration
9:00 - 4:30 pm Workshop 6

Learning Outcomes

Learning outcome:

Using practical scenarios and open forum discussion this advanced program will review some of the more complex aspects of a SMSF audit. At the completion of this workshop delegates will have a thorough understanding of:

  • The skills and knowledge to conduct an audit under the current SIS compliance audit requirements and their application
  • An understanding of the impact of new compliance audit requirements and legislative changes
  • Some of the more challenging scenarios you may face in conducting SMSF audits
  • The auditor’s reporting obligations.


Who should attend:

This specialist Advanced Workshop is designed for experienced SMSF auditors who work within or advise small to medium accounting firms providing SMSF audits. This workshop will benefit those seeking to satisfy the professional accounting bodies’ ongoing auditor competency requirements.

Workshop Inclusions

Delegates will receive: 

  • PowerPoint slides
  • A detailed case study to work through.

Delegates are required to bring a calculator to this workshop.

Package & Pricing

Member

  • Standard $610.00
  • Regional $488.00

Non-member

  • Standard $732.00

Conditions:

Early Bird for Audit of SMSFs - Advanced Workshop is 15 February 2013.

Audit of SMSFs - Advanced Workshop via LiveOne can be purchased as a series or as individual sessions. Purchase of the series attracts a 10% discount off the individual session fee.

Regional: members in regional areas (125km from venue) and/or travelling interstate. This does not apply to LiveOne online training.

All prices are in AUD and include GST. Each face-to-face workshop includes morning tea, lunch and afternoon tea.

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Session Description

Workshop
Follow the Hansel & Gretel Super Fund Audit over 3 successive years. The Advanced Workshop will follow the audit of the fund for 3 years, covering off on the following technical issues:

  • Contributions:
    • Contribution strategies & audit implications
    • Auditor reporting in relation to contributions
    • Refunding of contributions
    • Audit evidence for contributions.
  • Benefit Payments:
    • Conditions of release
    • Pensions & lump sum benefits
    • Income tax consequences for pensions & benefits.
  • Investments:
    • Collectible investments & compliance
    • Investments in private entities (including related parties & in house assets)
    • Non-financial investments
    • Property investments
    • Loans & gearing in SMSFs
    • Audit evidence for investments.
  • Auditor Reporting:
    • Qualifying the audit report – Part A
    • Qualifying the audit report – Part B
    • Completing the Auditor Contravention Report.

Presenters

  • Shirley Schaeffer

    Shirley Schaefer FCA

    Partner, BDO Advisory (SA) Pty Limited

    Shirley Schaefer has over 20 years of experience as a Chartered Accountant, joining the South Australian firm in 1994 and becoming a Director in 2001. Shirley has a broad base of compliance experience having been involved in the audit of superannuation funds and other companies in the financial services sector and provides advice and interpretation of superannuation legislation.

For more information

Last Updated 30 November 2012