SMSF 2019 Workshop

Advanced Audit & Compliance



SMSF 2017 Advanced Audit Training

Advanced adviser & auditor training
Auditors held liable for actions of trustees: How to protect yourself
Essential annual update on the more complex SMSF issues


An essential annual update on the SMSF issues for all those serious about SMSFs.


Designed to reduce risk, and maximise efficiency and outcomes, SMSF 2019 is a not-to-be missed training day for all professionals in the SMSF audit and advice space.


SMSF 2019 presents the more complex real life scenarios you are likely to face in your SMSF work, together with the solutions to manage and overcome the issues presented.  We also cover the hot topics from the ATO and their practical implications.


Who should attend?

Anyone advising or auditing SMSFs at a management level or who wants to build their knowledge to the next level. 


RG 243 requires SMSF auditors to complete 120 hours of CPD over each 3 year period (including 30 hours of development on superannuation and at least 8 hours of development on auditing SMSFs). SMSF 2019 will help you meet your ongoing targets. 




2019 Dates

Perth 28 Feb 2019 | Melbourne 27 March 2019 | Brisbane 4 April 2019 | Sydney 8 April 2019 Adelaide 11 April 2019


"Extremely thorough... Garth’s knowledge is exceptional."

2018 Sydney participant

The ever changing landscape

  • The ATO’s clarification on key super reform issues including pensions, commutations and reporting
  • Increased scrutiny over the sole purpose test
  • Key ATO compliance areas and what attracts the regulator’s attention 

 In-house assets


The implications of the ATO’s clarification of related unit trusts


  • 50/50 trusts – are they actually allowed?
  • New investments in related unit trusts - what the ATO states you can and can’t do
  • Related party rules
  • Trustees responsibilities when a breach occurs 

Structuring issues for SMSFs

  • Proposed 6 member SMSFs - what you should be thinking about and the advantages that can be achieved
  • Asset segregation - what your clients are still allowed to do
  • Identifying structuring issues before they occur
  • Joint ownership of assets - a resurgence of interposed trusts and companies to manage contribution restrictions
  • Trustee? Member? Or both?


Key SMSF administration issues


  • What your clients need to be telling you and when!
  • Pension structuring and documentation - it’s all in the paperwork
  • Lump sum benefit payments - but where from?
  • Reactive vs. Proactive SMSF planning

Key documentation included

  • Current audit plan
  • Current audit program
  • Suggested engagement and management


2019 Hot Topics


  • The increase in legal action taken against SMSF auditors and ways you can protect yourself
  • The ATO’s December 2018 concerns around reciprocal auditing arrangements
  • How to use the regulator’s voluntary disclosure service to manage client risk
  • First it was non-arm’s length income & now non-arm’s length expenses - what the ATO is really saying and what you need to know
  • Paying death benefits from an SMSF - what must be carried out
  • Alternatives to LRBAs now that the banks have tightened lending
  • SMSFs and the use of reserves - what to look out for to keep the ATO onside

SMSF strategies

  • Making the most of the contribution changes
  • Advanced pension strategies - the importance of managing preservation and tax components effectively
  • Member balance equalisation
  • How to achieve the best outcomes
  • Why would you do it?
  • The rules - what can and cannot be done

 “Once a year Garth gives me an electric shock to remind me how many things I could get wrong.”

 2018 Perth participant


ATO activity

  • Walk through the ‘audit the auditor’ program
  • What you will be asked and how your independence will be tested
  • Lump sum benefit payments - but where from?
  • Reactive vs. Proactive SMSF planning
So what do you say?

Our Presenter

Garth McNally

National Education & Training Director, Merit Wealth
Garth McNally
Garth knows superannuation. It’s an area he has been intimately involved with for many years – helping clients and the profession make sense of an increasingly complex regulatory environment and how they need to apply the rules in the ‘real world’.
Garth heads Merit Wealth’s superannuation division, is a specialist consultant to Knowledge Shop, and a specialist member of the SMSF Association.


Members please log in from the registration page or register through the member-only website.

More on membership

Terms & Conditions 

All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 14 days or less of the event date under any circumstances. No credits are available less than 4 days prior to the event under any circumstances.



Thursday 28 February 2019
Duxton Hotel
1 St Georges Tce, Perth


Wednesday 27 March 2019
RACV City Club
501 Bourke St, Melbourne


Thursday 4 April 2019
Pullman Brisbane King George Square
Cnr Ann & Roma Sts, Brisbane


Monday 8 April 2019
Radisson Blu
27 O’Connell St, Sydney


Thursday 11 April 2019
Stamford Adelaide
150 North Terrace, Adelaide


8:30am - 9:00am

9:00am - 5:00pm
Training day


Early Bird
For payments received by Friday

15 February 2019
All Others: For payments received by Friday 
1 March 2019

$620 Member
$670 Non Member


$685 Member
$735 Non Member

PD Hours 8 (SMSF Association accreditation points pending) | Difficulty 3.5 / 5 | Resources Workbook & audit documentation inc  | Bring Calculator & jacket