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SMSF audit

SMSF auditors ensure that appropriate audit evidence is obtained to show that an SMSF has a compliant investment strategy (Regulation 4.09 SIS Regs) that considers the whole of the circumstances of the fund including risk, return, liquidity, diversification and any insurance needs.

The ATO asks trustees to have their investment strategy ready for their SMSF's auditor for their next audit.

 

Drew Browne Senior Advisor Sapience Financial & Unusual Risks Insured

Drew Browne - Senior Advisor @SapienceFinancial

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