Share on LinkedInShare on LinkedIn

ARTICLE · 25 AUGUST 2012

Self Managed Super Fund Update: Auditor Registration Requirements

Hall & Wilcox
Hall & Wilcox
Contributor
Hall & Wilcox

Hall & Wilcox

Hall & Wilcox is a leading independent Australian law firm. We are a national firm with eight...

View firm profile
Explore more from Hall & Wilcox

One of the key recommendations of the Cooper Review related to self managed superannuation fund auditor registration.

AustraliaEmployment and HR

Background

One of the key recommendations of the Cooper Review into superannuation related to self managed superannuation fund (SMSF) auditor registration.

The Regulatory Impact Statement into this measure stated that:

"SMSF auditor registration seeks to ensure that SMSF auditors have a minimum level of competency to perform SMSF audits, and can be relied upon to detect and report contraventions of the SIS legislation. However, implementation of this measure involves a trade-off between creating a level-playing field for SMSF auditors and minimising the compliance burden on highly competent auditors."

The importance of SMSF auditors arises from the strong growth in the SMSF area and in particular:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from