Auditing Investments in the Wrong Name

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In this blog series, CaseWare’s SMSF Audit expert and content provider Sharlene Anderson, outlines common technical SMSF issues, and what auditors need to consider for each. Correct Names are Important Having title to assets correctly recorded in the name of the fund is necessary to ensure ownership of the assets by the fund relevant to Part A Financial Report section … Read More

Changes to Residency Considerations

CaseWare SMSF AuditCaseWare SMSF Audit

Changes to Residency – Technical SMSF Audit Considerations In this blog series, CaseWare’s SMSF Audit expert and content provider Sharlene Anderson, outlines common technical SMSF issues, and what auditors need to consider for each. An Australian Superannuation Fund is defined in s295-95 of ITAA 1997 at a point in time, and for the income year in which that time occurs, … Read More