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Free Webinar 
Two SMSF auditors were taken to court and were found guilty of being negligent for non-recoverability of funds assets as they did not report adequate risk in investments to the trustees of the fund. We are offering a free webinar where we will examine two recent cases where SMSF Auditors were held responsible for failure of investments made by the trustees of the fund; and discuss what auditors must do next to protect themselves from future litigation's.
Date : 6th November 2018 Time: 2:00 PM To 3:00 PM How To Book: https://www.smsfaaa.com.au/Home/Webinar CPD Hours : 1 Hour Speaker: Manoj Abichandani
CPD Requirement for SMSF Auditors T SMSF Auditors: SIS Regulations 9A.04 (1) For paragraph 128F(a) of the Act, the requirements in this regulation form the continuing professional development requirement. (2) The approved SMSF auditor must undertake at least 120 hours of continuing professional development every 3 years. (3) The development must: (a) include 30 hours of development about superannuation at least 8 hours of which is development about auditing of self managed superannuation funds; and (b) : be development that could reasonably be expected to enhance an approved SMSF auditor's technical skills or professional service delivery.  This Webinar is presented by SMSF Auditors Association of Australia Ltd
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| Seminar : Let us show you... How to reduce SMSF Audit time in half! - 6 CPD hours in SMSF Audit |
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Venue: Hilton Sydney - City Date: 13th November 2018
Timings : 09:00 am to 04:30 pm |
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Cost: The fee for seminar is $165 Incl. GST and is tax deductible(Plus Travel). Includes 10 audits worth $187 Incl. GST |
Let us show you...
How to reduce SMSF Audit time in half!
Do more with less ...
Australia’s first online SMSF Audit Software – Fully Automated Online SMSF Auditing Software
OVER 82,000 funds audited using the system.
Green Chit given by Professional body reviewers - Meet and Exceed your Professional requirements.
Proposed Agenda
8. 30 - 9.00 AM Registration - Arrival Tea and Coffee
09.00 AM Technical Session - Audit of SMSF - Transfer Balance Cap | Contributions & Total Superannuation Balance | CGT Relief
11.00 AM Tea/Coffee Break
11:30 AM Introduction to Audit Online on SMSF Audit Software and Website integration
01:00 PM Lunch and Group Discussion on Audit of funds with LRBA - Loan from related party - how repayment of Loan will be considered
02.00 PM How to complete an audit in half the time
4.30 PM Workshop Closed
Introduction/Overview
SMSF Auditors spend too much time in financial audit and completing manual audit working papers, our online software does most of this work automatically & saves half your time as compared to traditional auditing methods.
It checks closing share prices, dividends received from ASX and all mundane tasks of signing, scanning & mailing of audit report, Mgt. letter, engagement letter, Invoice & contravention reports etc. are automated with one click of a mouse. Embrace an efficient framework for high quality audits and conduct audits on a flawless workflow Management system.
Achieve peace of mind & confidence of knowing that you are using a completely up-to-date online checklist and cloud process to deliver a robust, hassle free top quality SMSF audit. Improve communication with accountants & trustees. Manage 20 or 2000 audits by streamlining workflow from our smart Audit Manager & establish seamless communication between all parties. Our online SMSF audit system is the only tool which can deliver reliability, speed and volume and ultimately profits for your business at a fraction of the cost.
Benefits/learning outcomes
Audit from anywhere, anytime from any device on your own website or by integrating with ours. Increase audit effectiveness, add value, reduce audit risk, drive SMSF compliance, revolutionise your business.
Included in the fee is an account to audit 10 SMSF on the online platform worth $187 and Lunch. Those auditors who are already using the online software will benefit by learning new shortcuts and other advanced features of the online software.
Recommended For
All SMSF ASIC approved auditors.
Session Notes
CPD Hours
2 Hours CPD in Superannuaiton and 4 Hours CPD on auditing SMSF's Total 6 CPD hours under self assessment method under RG 243.88 - 90 and SISA 128Q and SISR 9.04
RG 243.89 You will need to complete 120 hours of CPD over each three-year period, which must include 30 hours of development on superannuation and at least 8 hours of development on auditing SMSFs.
SISR 9A.04 (3) (b) be development that could reasonably be expected to enhance an approved SMSF auditor's technical skills or professional service delivery.
Attendee Requirements
Attendees may bring their own Laptops / Ipads for a better understanding - although some attendees may get more from the workshop by looking at the facilitators screen
Speaker
Manoj Abichandani
Manoj has worked in SMSF since 1988 and is SMSF Specialist (UNSW). He was providing high level advisory services to over 600 funds in his own 3 partner CPA tax practice for 19 years and has written this online software. He currently works as SMSF Technical Support Team Leader at www.trustdeed.com.au
He has hands on knowledge on what happens in a tax practice on high level of SMSF practical issues.