Getting the audit report right

  • Presentations, Technical Resource
  • Audit

National Conference 2024

This session is tailored for accountants and SMSF auditors, focusing on the finalisation of the annual SMSF audit. Belinda’s session will provide comprehensive guidance on drafting qualified Part A and Part B opinions, composing effective management letter points, and completing the Auditor’s Compliance Report (ACR). Through the use of real case studies, attendees will leave with the technical know-how and best practices required to streamline the SMSF audit process.
 

Following this session you will be able to:

  • Gain practical skills in drafting qualified Part A and Part B opinions, enhancing your ability to accurately and effectively communicate the audit’s findings.
  • Build an awareness of how to formulate impactful management letter points that offer clear insights for improving SMSF compliance and managing auditor risk.
  • Master the process of drafting the Auditor’s Compliance Report (ACR), equipping you with the expertise needed to complete the final audit in line with industry best practices.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association