Australian Audit Guide & Toolkit for SMSFs 2017 - book (with cd) + ebook

Australian Audit Guide & Toolkit for SMSFs 2017 - book (with cd) + ebook

By Chartered Accountants Australia and New Zealand


$403.00* RRP

Forthcoming Release, 03/10/2017

Code: 42028414

Thomson Reuters, AUSTRALIA

Available Formats

Format Title Date Code Price
Book Australian Audit Guide & Toolkit for SMSFs 2017 - book (with cd) 03/10/2017 9780864699039 $310.00 Pre-order
Book Australian Audit Guide & Toolkit for SMSFs 2016 - book (with cd) 14/09/2016 9780864699268 $298.00 Add to cart
Book+eBook Australian Audit Guide & Toolkit for SMSFs 2017 - book (with cd) + ebook 03/10/2017 42028414 $403.00 Pre-order
eBook - ProView Australian Audit Guide & Toolkit for SMSFs 2017 - eBook 03/10/2017 9780864699046 $310.00 Pre-order
eBook - ProView Australian Audit Guide & Toolkit for SMSFs 2016 - book (with cd) + ebook) 19/09/2016 41975504 $387.40 Add to cart
eBook - ProView Australian Audit Guide & Toolkit for SMSFs 2016 - ebook 01/09/2016 9780864699275 $298.00 Add to cart


Available - October 2017.  Click here for the 2016 edition.

The Australian Audit Guide and Toolkit for Self Managed Superannuation Funds 2017 is an invaluable, practical hands-on tool for auditors of SMSFs.

Authored by Shirley Schaefer, an expert in the superannuation and audit industries, in conjunction with Chartered Accountants Australia and New Zealand, this publication provides practitioners with up-to-date tools and assistance in dealing with the demands of this challenging area of practice.

This Guide will enable practitioners to keep abreast of the changes and deliver high-quality audits while mitigating any risk of non-compliance. It has been structured to provide practical examples and extensive guidance on, and demonstrations of, real-life circumstances.

Part A (Core concepts) provides an overview of the entire audit process and a discussion of the key audit concepts

Part B (Practical guidance) focuses on how to apply the concepts outlined in Part A, including application to a practical case study

The case study material covers the complex issues, including limited recourse borrowing arrangements, collectables & personal use assets and non-concessional contributions

The Guide also includes a handy Toolkit, in CD format, containing relevant forms and checklists that will assist practitioners in conducting SMSF audits.

Members of the Chartered Accountants Australia and New Zealand are entitled to a discount on this publication. If the discount has not been applied, please refer to the Chartered Accountants website to access the promotional code.

Table of Contents

Part A: Core concepts

1. Ethics, ASAs and quality control

2. The risk-based audit – overview

3. Internal control – purpose and components

4. Financial report assertions

5. Materiality and audit risk

6. Risk assessment procedures

7. Responding to assessed risks

8. Further audit procedures

9. Accounting estimates

10. Related parties

11. Subsequent events

12. Going concern

13. Summary of other ASA requirements

14. Compliance considerations

15. Audit documentation

16. Forming an opinion

Part B: Practical guidance

17. How to use Part B

18. Introduction to the case study

19. Risk assessment – overview

20. Engagement acceptance and continuance

21. Overall audit strategy

22. Determining and using materiality

23. Inherent risks – identification

24. Inherent risks – assessment

25. Significant risks

26. Compliance risks

27. Understanding internal control

28. Evaluating internal control

29. Communicating deficiencies in internal control

30. Concluding the risk assessment phase

31. Risk response – overview

32. The responsive audit plan

33. Determining the extent of testing

34. Documenting work performed

35. Written representations

36. Application of other ASAs to the case study

37. Compliance with superannuation legislation

38. Reporting – overview

39. Evaluating audit evidence

40. Communicating with the trustees

41. Modifications to the auditor’s report

42. Emphasis of Matter and Other Matter paragraphs

43. Comparative information

44. Communications with the regulator



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Pre-order: This item will be available on: 03 Oct 2017

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