GS 009 Auditing self-managed superannuation funds (SMSFs), which will provide auditors with a greater understanding of their responsibilities when conducting audits of SMSFs, was released by the Australian Auditing and Assurance Standards Board on 31 October.
By providing guidance on both the financial and compliance audits of SMSFs, the statement assists auditors 'on matters which the auditor should consider when planning, conducting and reporting' these audits.
