Read the latest SMSF audit news, tips and articles written by our expert team of SMSF auditors
18 December 2018
The poor old investment strategy has for far too long been a document largely disrespected by SMSF trustees and their advisers but that attitude needs to change.
14 September 2018
We’re excited to announce that Baumgartner Super will again have a presence at the National Tax and Accountants’ Association’s Super Schools seminars that are running between September and October.
17 July 2017
By far the greatest number of enquiries I am currently receiving about SMSF audits for the year ending 30 June 2017 are in relation to the valuation of assets.
8 May 2017
For the first time in a couple of years, we attended the NTAA’s Hot Spot Seminars around Australia in an exhibitor capacity.
16 December 2016
An issue that we have had cause to explore over the last few months is what happens under the Superannuation Industry (Supervision) Act 1993 (SISA) when an asset of the fund becomes an in-house asset at a point after it was acquired.
Sometimes I count myself lucky that as an auditor I am not at the forefront of providing advice to SMSF trustees. I am therefore fortunate that I don't have to immediately be across the biggest changes our industry has seen since 2007
4 May 2016
As we approach the end of the financial year, trustees and advisers will be turning their attention to those SMSFs that are in pension phase to ensure they meet their minimum pension payments for the 2016 financial year.
1 October 2015
Baumgartner Super had the honour of being nominated as a finalist in the category of “Audit Provider of the Year” at this year's third annual SMSF Service Provider Awards.
27 July 2014
Regulation 8.02B of the Superannuation Industry (Supervision) Regulations 1994 (SISR) requires the assets of a fund to be reported at their market value in the Statement of Financial Position.
15 June 2014
The Australian Taxation Office have released their standard audit report for the year ended 30 June 2014 (NAT 11466) and interestingly there are no new sections or regulations of the Superannuation Industry (Supervision) Act 1993 for the auditor to review.