Another regular and very popular topic sees Shelley detailing SMSF developments since our November GAAPinars and audit-focus areas for 30 June.
The SMSF industry continues to face significant risks from legislative change and ATO rulings and enforcement. As SMSF auditors head into auditing season, it’s timely to review developments.
This session will:
- Describe ATO releases and focus areas
- Federal budget update
- NALI done and dusted?
- Importance of record-keeping
- Diamonds are forever
- AI and SMSF
- Staying on top of related-party issues
- Is a Declaration of Trust acceptable?
- Understanding in-house assets, and
- Challenges for auditors in 2024.