by Shelley Banton | Feb 18, 2019 | Market Valuation, SMSF Compliance, SMSF Litigation
Two recent cases[1] involving SMSF auditors have focused industry attention on the obligation of SMSF auditors to verify assets valued at market value. The headaches start, however, when a fund invests in unlisted assets, such as unlisted companies and trusts. The...
by Shelley Banton | Sep 18, 2017 | ATO, Market Valuation, Property, SMSF Auditors, SMSF Compliance
Written by Shelley Banton, Executive General Manager, Technical Services, ASF Audits The current market valuation of all SMSF assets, especially property and unlisted companies, has a significant impact on a member’s $1.6 million transfer balance cap and $1.6...