Seminar Booking


Please book me for seminar on

20
Seats
$242

NEW APES 110 RULES on SMSF Auditor Independent Requirements

Novotel Parramatta - 350 Church Street, Parramatta New South Wales 2150

10-Feb-2022 10:00 am - 04:00 pm More Info »
Seminar : NEW APES 110 RULES on SMSF Auditor Independent Requirements
Venue : Novotel Parramatta - 350 Church Street, Parramatta New South Wales 2150
Date : 10-Feb-2022
Timings : 10:00 am to 04:00 pm

The fee for seminar is $242Incl. GST and is tax deductible(Plus Travel).


Topics

  • - Circumstances when you Can & Cannot Audit a fund where Accounts are prepared by your firm
  • - What auditors must do to protect to not breach the new Independence requirements
  • - What changes you should make in your Accounting firm now to retain the audit work

Proposed Agenda

9.30 AM  Registration - Arrival Tea and Coffee

10.00 AM  Introduction to Online SMSF Audit Software

12.30 PM  Lunch 

01.15 PM  Discussion on NEW APES 110 RULES on SMSF Auditor Independent Requirements

03.00 PM  Tea/Coffee during presentation 

03.30 PM  Q&A Session 

4.00 PM Workshop Closed

 

Information for interstate delegates: Interstate travellers please plan the day ahead, keeping transportation time in mind (for more information see www.airportlink.com.au).

Introduction/Overview

Part A of the seminar - About Online SMSF Audit

SMSF Auditors spend too much time in financial audit and completing manual audit working papers, our online software does most of this work automatically & saves half your time as compared to traditional auditing methods. It checks closing share prices, dividends received from ASX and all mundane tasks of signing, scanning & mailing of audit report, Mgt. letter, engagement letter, Invoice & contravention reports etc. are automated with one click of a mouse.

Embrace an efficient framework for high quality audits and conduct audits on a flawless workflow Management system.

Part B of the seminar - New APES 110 Guidelines and what they mean for you and your clients 

Under the new rules, the auditors’ role in handling the SMSF audits will be changed in the way that they might need to restructure their firms to meet the APES 110 rule guidelines. They cannot provide accounting or bookkeeping services for the same SMSF they are auditing unless it is routine or mechanical. Thus, an auditor is required to identify threats to independence and reach an acceptable level by:

- Avoiding the situations with personal influence or relationship creating the threat;

- Applying safeguards to reduce the threat                                       

- Declining or ending the engagement.

Join us to discuss what these new guidelines mean for you and your firm. 

 

Recommended For

All ASIC approved SMSF auditors

CPD Hours

4 CPD hours under self assessment method under RG 243.88 - 90 for Audit of SMSF.

Attendee Requirements

Attendees may bring their own Laptops / Ipads for a better understanding - although some attendees may get more from the workshop by looking at the facilitators screen 

Speaker

Mr Manoj Abichandani

Manoj has worked in SMSF since 1988 and is SMSF Specialist (UNSW). He was providing high level advisory services to over 600 funds in his own 3 partner CPA tax practice for 19 years and has written this online software. He currently works as SMSF Technical Support Team Leader at www.trustdeed.com.au

He has hands on knowledge on what happens in a tax practice on high level of SMSF practical issues. 




Total Amount Payable : $0 (Incl GST)
Pay by Credit Card & Book Now

Once you pay a confirmation email will be sent along with tax deductible invoice