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Showing posts from October, 2021

How to Become an SMSF Auditor?

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  Self-managed superfunds (SMSFs) is becoming more popular in Australia.   A lot of people - both old and young possess their own SMSFs to manage their own retirement plans. While SMSF deserves full control, however, it is a mistake to assume that it's simple to do.   It is crucial to remember that you need to be aware of regulations and requirements for compliance established in place by Australian Taxation Office (ATO) as well as The Australian Securities and Investments Commission (ASIC). In the current bill that is being which is being pushed by the government and calls for a three-year audit of certain SMSFs, more experienced and experienced SMSF auditors are required to review these super funds and make sure that the funds are in compliance according to ATO and ASIC rules. What is it that you need to become an SMSF auditor ?   Are you able to conduct an audit of your SMSF?   Are you able to let your friend inspect your SMSF?   Here ar...