Published on 02 Apr 04
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
This paper gives a thorough analysis of the issues to focus on in 2004 including:
- recent and proposed legislative changes
- safety in super - licensing requirements on SMSF Trustees
- FSRA - future direction in super fund advising
- the ATO 2004 Audit Focus (auditing funds and 'auditing' auditors) and the SMSF 2004 compliance checklist.
This was also presented at the Superannuation seminar held in Perth on 27 May 2004.
Sharyn Long, CTA, is the Managing Partner of Sharyn Long Chartered Accountants (SLCA) and specialises in accounting, tax and compliance services for corporate, government and industry funds. Sharyn has spent most of her career in superannuation, being a major participant in the Cooper Review and a member of the Treasury Working Group formed to address the SMSF reforms from that review. She was a member of the Accounting Professional & Ethical Standards Board Taskforce reviewing the independence of SMSF auditors, and has also assisted the Auditing and Assurance Standards Board in the development of guidelines for auditors. SLCA recently sold their SMSF fees to focus on Australian Prudential Regulation Authority-regulated funds.
- Current at
12 January 2017