SMSF Specialist Auditor (SSAud) Exam case studies
SMSF Specialist Auditor (SSAud) Exam · Put your knowledge to work in context.
The SMSF Specialist Auditor (SSAud®) credential is an accreditation offered by the SMSF Association, the independent professional body representing Australia's self managed super fund sector. The Association describes its Specialist accreditation programs as a way for practitioners to be independently recognised for their SMSF expertise and knowledge, and it publishes a Find a Specialist function through which consumers can locate an independently endorsed, qualified and accredited SMSF Specialist. The SMSF Specialist Auditor (SSAud) Exam case studies are 5 cases and about 3,514 words.
1The Related-Party Property Lease and the Missing Valuation
Kauri Creek Super Fund is a two-member SMSF (Priya and Anand, both in accumulation). In August 2025 it purchased a light-industrial unit in Geelong for 880,000, funded 60% by member contributions and 40% by a limited recourse borrowing arrangement.
816 words, about 4 min2Auditor Rotation and the Long-Standing Engagement
Marlowe Audit Pty Ltd has audited the Portside Superannuation Fund, a five-member SMSF with $6.8 million in assets, for nine consecutive years. The engagement partner, Denise, has signed every audit report since 2017.
758 words, about 4 min3The Unlisted Trust Unit Revaluation
The Rivergum Super Fund holds 12,000 units in the Bellbird Agricultural Trust, an unlisted wholesale trust that owns three irrigated farms. The units were acquired in 2019 for 1.2 million and were carried at 1.2 million at 30 June 2025.
682 words, about 3 min4Contribution Cap Breach and the Auditor's Reporting Duty
The Halcyon Super Fund has two members, Wei and Lin, both aged 58. In the 2025-26 year Wei's employer made contributions of 22,000, and Wei personally contributed 15,000 in June 2026, claiming a deduction.
608 words, about 3 min5The In-House Asset and the Sole-Purpose Test
The Dunmore Super Fund has three members: Sam, Tessa and Ravi. The fund's assets are 2.4 million, of which 1.1 million is a residential property in Byron Bay rented to Sam's adult daughter at 450 per week, well below the 750 market rent.
650 words, about 3 min