1st Quarter 2020

THE SMSF AUDITOR AND VERIFYING MARKET VALUES IN AN SMSF

Two recent cases involving SMSF auditors, Cam & Bear Pty Ltd v. McGoldrick [2018] NSWCA 110 and Ryan Wealth Holdings Pty Ltd v. Baumgartner [2018] NSWSC 1502, highlighted the obligation of SMSF auditors to verify asset values in the financial statements.