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Notes Online Home 2018 Super Schools Day 1 NTAA's 2018 SMSF Audit Kit

This chapter contains NTAA’s 2018 SMSF audit kit. In more detail:

  • The proposed three-yearly audit cycle
  • Requirement to appoint an auditor and the eligibility requirements
  • Auditor independence
  • A guide to planning for an SMSF audit
  • How to perform a financial audit of an SMSF
  • How to perform a SIS compliance audit
  • Lodging Auditor Contravention Reports
  • How to finalise an SMSF audit

Chapters and Articles in 2018 Super Schools Day 1

Recent developments affecting the conditions of release for cashing a member’s benefits

Latest guide to paying the minimum annual pension amount under the recent reforms

Major changes affecting the commutation of a death benefit pension

Proposed new rules provide welcome relief for reversionary TRISs

The proposed three-yearly audit cycle

Requirement to appoint an auditor and the eligibility requirements

Auditor independence

A guide to planning for an SMSF audit

How to perform a financial audit of an SMSF

How to perform a SIS compliance audit

Lodging Auditor Contravention Reports

How to finalise an SMSF audit

Key superannuation measures announced in the 2018/19 Federal Budget

New developments affecting a member's Total Superannuation Balance ('TSB')

New LANDMARK reporting requirements for SMSFs paying pensions

Claiming the pension exemption on the 2018 SMSF return under recent reforms

New rules avoid excess contributions for employees working for multiple employers

Government introduces the new 12-month Superannuation Guarantee (‘SG’) amnesty

Claims for personal super contributions in the ATO’s firing line

The NEW ‘downsizer contribution’ on the sale of a dwelling from 1 July 2018

New travel and depreciation restrictions for rental properties held by SMSFs

New rules introduce tax sting for SMSFs with related party transactions

ATO announces audit targets for SMSFs in 2018