New litigation case sees SMSF auditor responsible for losses

A decision by the NSW Court of Appeal which held an SMSF auditor responsible for losses incurred by an SMSF indicates that SMSF auditors are being “held to a high standard by courts”, says an industry lawyer.

by | Jul 16, 2018

Federal Court dismisses tax agents' appeal

In the case Cam & Bear Pty Ltd v McGoldrick, the NSW Court of Appeal was asked to consider where the actions of an SMSF auditor, John McGoldrick caused the losses suffered by an SMSF.

Read the full article at SMSF Adviser.

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