by Audit Your Superfund | May 31, 2024 | Blog
“My client’s Self-Managed Superannuation Fund (SMSF) is buying a commercial property. What will I need to provide for the audit?” When an SMSF buys a commercial property, certain documents and evidence need to be provided for the audit. The specifics depend on whether...
by Audit Your Superfund | Apr 3, 2024 | Blog
As we noted in a recent blog post on property valuations for SMSFs, properties have become increasingly popular investments for self-managed super funds in recent years. However, there are several risks to be aware of when a trustee invests in either residential or...
by Audit Your Superfund | Sep 28, 2020 | Blog
The recent changes to SMSF auditor independence standards will likely result in tens of thousands of funds moving to different auditors in the next year or so. If you and your clients are in the position of moving to a different SMSF auditor, how can you select one...
by Audit Your Superfund | Jul 30, 2020 | Blog
The benefits of investing in an SMSF allows members to have control over investments and have the choice of investing in many areas such as direct property, listed shares, managed funds, private investments and unique/unusual investments. The super fund holds these...
by Audit Your Superfund | Mar 25, 2020 | Blog
On March 22nd the Federal Government announced a raft of changes in their financial aid package to assist anyone adversely affected by COVID-19 pandemic. Among those changes was the announcement of special access to superannuation funds and changes to the minimum...
by Audit Your Superfund | Feb 25, 2020 | Blog
Following on from our blog on the importance of an investment strategy review, the ATO has released further guidance for SMSF investment strategies. The ATO stated that the investment strategy of an SMSF should be ‘your plan for making,...
