To assist self managed superannuation fund (SMSF) trustees better understand the complexity of their role, CPA Australia, the Institute of Chartered Accountants in Australia and the National Institute of Accountants — under the auspices of the Joint Accounting Bodies (JAB) — have developed a free online training tool.
The tool, Self Managed Superannuation Fund Trustee Education Program, is the first of its kind and is a public interest initiative of the JAB designed to assist and educate trustees in this sector. The tool ensures trustees have the relevant information they need to remain engaged with their superannuation, and will assist them in their goal of controlling their superannuation investments.
The SMSF trustee education tool is available at www.smsftrustee.com/cpa/htm/home.asp.
Source: The Institute of Chartered Accountants media release, “First of its kind trustee education tool produced by joint accounting bodies”, Monday, 29 March 2010.