In the recent court case Cam & Bear Pty Ltd v McGoldrick heard by the NSW Court of Appeal, an SMSF auditor was found to be responsible for losses incurred by an SMSF trustee.
Read the full article at SMSF Adviser.
SMSF auditor insurances tipped to rise after landmark case
An SMSF auditor is concerned that the outcome of a recent litigation case this year could see professional indemnity premiums for SMSF auditors increase, given the questions it has raised around liability.
