PublishedThomson Reuters, September 2012 |
ISBN9780864607997 |
FormatSoftcover, 442 pages |
The Australian Audit Guide and Toolkit for Self Managed Superannuation Funds 2012 is an invaluable, practical, hands-on tool for auditors of SMSFs. Produced by the leading authorities in the audit market, the Institute of Chartered Accountants Australia, this publication demonstrates the Institute's commitment to providing practitioners with up-to-date tools and assistance in dealing with the demands of this challenging area of practice.
Following a sustained period of change in the superannuation industry it is critical that those auditing SMSFs are equipped with information pertaining to recent and ongoing developments. With the introduction of new SMSF auditor registration with the Australian Securities and Investments Commission (ASIC), the spotlight is on SMSF auditors. This guide will assist practitioners in the drive for high quality audits across the SMSF industry. The guide has been structured to provide practitioners with practical examples, and extensive guidance and demonstrations of real-life circumstances. It explores in detail how to apply revised standards to SMSF audits, and also includes a CD of relevant forms that will assist practitioners conducting audits.
This revised Guide will go a long way towards keeping auditors of SMSFs across the ongoing changes in the SMSF and audit industries, many of which have already come into effect. Audit practitioners should use this Guide as a reference tool in their day-to-day operations, to fulfil the highest professional standards while mitigating any risk of non-compliance.
