CPD 1.5 hours On Demand Course Online

Foundations of SMSFs 2021-23 - Session 5

This session details the administrative and audit prerequisites for an SMSF. It is the final module in the Foundations of SMSFs series.

$109.09

non-member : $130.91

Description

On successful completion of this topic, participants should be able to:

  • Explain the requirements for recording fund transactions
  • Define the requirements for preparing annual financial statements for an SMSF
  • Evaluate the contents of annual Member Statements
  • Recognise the purpose of the SMSF annual return
  • Describe how the net income of an SMSF is determined
  • Explain the SMSF audit process
  • Analyse the process for winding up an SMSF
  • Asses the option of converting an SMSF to a Small APRA fund (SAF).

The Benefits:

These concise sessions have been specifically designed for our online education platform, to ensure that you get an in-depth understanding of the fundamental SMSF topics in minimal time.

Agenda

Presenter