Katrina has over 30 years experience in the SMSF & Accounting Industry; with a Bachelor of Business with ACU and the majority of a Law Degree with UNE. Holding specialist membership accreditation as a Fellow member with the SMSF Association as a SMSF Specialist Advisor and SMSF Specialist Auditor. She's also a 25yr member of the Institute of Chartered Accountants Australia and NZ (CA ANZ). She chairs the Northern Region NSW SMSF Association local chapter, and sits on the SMSF Auditors professional Association Stakeholders group with the ATO. Recently Katrina was awarded Auditor of the Year (2021) from the Women in Finance Awards and Superannuation Auditor of the year (2023 and 2020) from the Australian Accounting Awards. Katrina has branched into SMSF audit training and speaking/presenting as well as SMSF auditing.
Recorded Webinar: The SMSF as a Property Developer
Date/Time
About the Webinar
Having an SMSF involved in a property development can prove challenging for the most experienced of SMSF auditors. This session is designed to flush out the issues that an auditor needs to be mindful of to minimise the risk of closer scrutiny from the ATO, including:
- The various options an SMSF has to purchase and develop property and the arrangements that can attract ATO attention (incl. TA 2023/2)
- Situations where a property purchase and development can trigger the NALI and NALE provisions
- What are the in-house asset exceptions for structuring an SMSF property development?
- What do auditors need to see in an SMSF’s deed and investment strategy when a property development is involved?
- How to address valuation issues during the course of the development
- Auditing a property development involving:
- a property subdivision
- a related party builder
- Audit issues that can arise when dealing with:
- limited recourse borrowing arrangements involving the SMSF acquiring shares or units in a property development entity (SMSFR 2020/1)
- a partnership or joint venture property development arrangement involving an SMSF
- Practical examples of allowed/non allowed property development arrangements involving an SMSF
Presented By
Katrina Fletcher
Director, Elite Super Pty Ltd West Kempsey, NSWWho Should Attend?
This webinar is suitable for SMSF auditors throughout Australia. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Accountants can claim up to 1 CPD hour. This webinar has been designed to run for 1 hour.
While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]