To assist you in understanding your role as a trustee of an SMSF, the joint accounting bodies have created an online SMSF Trustee Education training program. This program is free and at the completion of the program, you will be able to:
- Understand your role and responsibilities within an SMSF
- Understand the investment restrictions imposed on Trustees of an SMSF
- Understand the rules and limitations surrounding contributions and benefit payments within an SMSF
- Understand the administration involved with an SMSF
The program contains basic information and practical examples for application of the information.
If you would like to complete the program, please go to www.smsftrustee.com/cpa/htm/home.asp. You will need to first register with an e-mail address and password and then you can login and follow the prompts to commence the program.