Litigation Risk and the SMSF Auditor
Discussing the ramifications of the Baumgartner and McGoldrick cases and the consequences for SMSF auditors.
Apr 04Thu 10:30 AM AEDT - Thu 11:30 AM AEDT Online
- $180.00 incl. GST
- PD hours: 1
Litigation risk is a significant consideration by SMSF auditors post the judgements handed down in 2018.
This webinar will discuss:
• The particulars of each case
• The consequences for the auditor
• What went wrong, and whether it could have been avoided
• Recommended changes to audit procedures and practices, including investment strategies, asset valuations, trustee minutes, audit templates
• Insurance considerations
A summary of each case will be included in the technical paper, along with a detailed analysis of comments made in the various judgments.
This very practical session is not to be missed.
Webinar Learning Outcomes:
A thorough understanding of the judges’ and expert witness expectations of auditors, along with a raft of suggested changes to audit procedures to assist the auditor in mitigating litigation risk in the current environment.
SMSF auditors and SMSF administrators and accountants,
Belinda Aisbett is a director of Super Sphere Pty Ltd, a specialist self-managed superannuation company, where she is responsible for providing audit, consulting and training services in relation to self-managed super funds. Belinda established Super Sphere in 2003 to specialise in SMSF auditing and audit related services. This is in addition to providing an SMSF Audit Toolkit to other auditing professionals and undertaking numerous training engagements each year. Belinda is a member of CAANZ, and holds a Bachelor of Business (Accounting). Belinda is also a specialist member of the SMSF Association, co-chair of their audit discussion group, and a member of the SMSF Association education committee.
You will be provided with:
• PowerPoint presentation slide deck
• Any Supporting documentation
• Webinar Recording to view multiple times for up to 6 months
• An opportunity to ask questions
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