SMSF News and Strategies Podcast Show · Chris Reed: Certified Practicing Accountant (CPA), FPS and SMSF Specialist Advisor, Director of Business Concepts Group

SMSF NS122 – Current SMSF audit issues.

·17 min·1 clip

Sarah Power warns that the ATO is now pushing auditors to demand annual property title searches for SMSFs.

Chris Reid and Sarah Power discuss the most common SMSF audit issues emerging from 2024, including mandatory annual asset valuations, increased requirements for property title searches, proper insurance documentation, and correct asset ownership naming conventions. They provide practical advice for trustees to avoid compliance breaches and penalties.

Listen to the show on

Apple Podcasts Spotify

Play clips from this episode More from SMSF News and Strategies Podcast Show