SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 9A.04 Continuing professional development requirements
SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 9A.04
Continuing professional development requirements(1) For paragraph 128F(a) of the Act, the requirements in this regulation form the continuing professional development requirement.
(2) The approved SMSF auditor must undertake at least 120 hours of continuing professional development every 3 years.
(a) include 30 hours of development about superannuation at least 8 hours of which is development about auditing of self managed superannuation funds; and
(b) be development that could reasonably be expected to enhance an approved SMSF auditor's technical skills or professional service delivery.
(4) The approved SMSF auditor must keep a written record of the
development undertaken by the approved SMSF auditor for at least 3 years after
the end of the financial year in which the development occurred.