Mark Silvester

Mark Silvester

Accountant

Followers of Mark Silvester458 followers
location of Mark SilvesterToowoomba, Queensland, Australia

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  • Timeline

  • About me

    Director and Registered ASIC Approved SMSF Auditor at Align Super Audit

  • Education

    • CPA Australia Program

      2010 - 2013
      CPA Program (professional level) Accounting

      Completed May 2013

    • Kaplan Professional

      2009 - 2010
      Tier 1 Adviser Compliance Solution RG146 compliance Competent
    • University of Southern Queensland

      1993 - 1993
      Bachelor of Business (Hons) Accounting Second Class Division A
    • University of Southern Queensland

      1990 - 1992
      Bachelor of Business (B Bus) Accounting With Distinction
  • Experience

    • Coopers & Lybrand

      Jan 1994 - Dec 1995
      Accountant

      Corporate Finance – undertook 3-way financial modelling; became involved in the processes surrounding Initial Public Offers for ASX listings including independent expert reports; and assisted with accounting advice in litigation support matters particularly those in relation to quantifying economic losses sustained.

    • University of Southern Queensland

      Jan 1996 - Dec 2007
      Lecturer

      Developed and instructed in undergraduate and postgraduate courses in accounting; covering financial accounting, management accounting and managerial finance subject areas. In some semester periods I was responsible for more than 700 candidates and a team of academic staff for delivery.

    • Power Tynan

      Jan 2008 - Jun 2021

      My primary responsibility was for the audits of several hundred SMSFs, together with trust account audits, not-for-profit audits and retail outgoings audits. Leveraging my long-held interest in technology, I successfully guided the implementation of cloud-based SMSF auditing software into the Power Tynan practice. Coupled with this, I developed several supporting electronic workpapers and schedules to inject further efficiencies and quality into the audit processes. I have provided valued assistance to the software vendor with feedback and input into the ongoing enhancement of the software. At the same time, I continued my responsibility for undertaking business valuation engagements in the practice. These were undertaken for a variety of purposes (including Family Law disputes) and covered a broad range of industry sectors. Show less Around July 2014 I was offered the opportunity to commence an audit service line with its initial focus on SMSF audit engagements. During this developmental initiation period of the service I was most fortunate to have been mentored by Jason Croston, the Managing Director of SRJ Walker Wayland, Brisbane. This role gave me the oversight responsibility of the audit function for SMSF clients, while continuing with my business valuation engagement specialisation. My keen eye for detail and passion for quality work allowed me to excel in these areas and saw me achieve registration as an approved SMSF auditor with ASIC. Show less I first joined Power Tynan in 2008 to join the Superannuation Solutions team, which on a holistic basis was responsible not only for the annual compliance administration and compilation of financial statements for SMSFs, but also for the provision of timely and valued advice to clients on matters pertaining to their SMSFs. This was my first in-depth exposure to the myriad of rules surrounding the superannuation system in Australia. At this level I was responsible for the annual preparation of SMSF clients’ financial statements and annual returns, and liaising with fund auditors at the back end of that process.I was also afforded the opportunity to take responsibility for conducting client engagements involving both business valuations and litigation support. This allowed me to exercise right-brain thinking, to complement the often rigid and ordered nature of SMSF compliance work. Show less

      • Auditor, Business Valuer and Instructor

        Jun 2015 - Jun 2021
      • SMSF Audit Coordinator and Business Valuer

        Jul 2014 - Jun 2015
      • Accountant

        Jan 2008 - Jun 2014
    • Align Super Audit

      Jan 2021 - now
      Director and Registered ASIC Approved SMSF Auditor

      **Now accepting clients for SMSF audits to be conducted from 1 July 2021**Registered ASIC Approved SMSF Auditor since June 2015, now operating Align Super Audit - an audit practice with a sole focus on providing quality SMSF audits (and sounding board service) to accountants, SMSF administrators, and financial planners.

  • Licenses & Certifications

    • ASIC approved SMSF auditor

      ASIC
      Jun 2015
  • Honors & Awards

    • Awarded to Mark Silvester
      Winner (Queensland) - Auditor of the Year 2018 SuperConcepts SMSF and Accounting Awards Aug 2018 The audit function is a vital compliance and integrity check in Australia, yet is has arguably been one of the most disrupted in the last decade.This award recognises an outstanding auditor, who effectively drove revenue growth and shaped their firm’s success in the 2017 calendar year, while applying a high level of accuracy and detail to their work.This award considers the activities, strategies and actions of the auditor in terms of best practice, and driving increased revenue and… Show more The audit function is a vital compliance and integrity check in Australia, yet is has arguably been one of the most disrupted in the last decade.This award recognises an outstanding auditor, who effectively drove revenue growth and shaped their firm’s success in the 2017 calendar year, while applying a high level of accuracy and detail to their work.This award considers the activities, strategies and actions of the auditor in terms of best practice, and driving increased revenue and efficiencies. Show less
    • Awarded to Mark Silvester
      National Finalist - Superannuation Auditor of the Year 2018 AccountantsDaily Australian Accounting Awards Apr 2018 Australians entering the workforce today will have known nothing other than compulsory superannuation savings. A rigid, robust framework for compliance and integrity in the sector is crucial to the stability and growth of the superannuation system, as is a service offering that is scalable and efficient.This award recognises an outstanding superannuation auditor in the accounting industry, who has effectively serviced clients and driven revenue growth and shaped their firm’s success in the… Show more Australians entering the workforce today will have known nothing other than compulsory superannuation savings. A rigid, robust framework for compliance and integrity in the sector is crucial to the stability and growth of the superannuation system, as is a service offering that is scalable and efficient.This award recognises an outstanding superannuation auditor in the accounting industry, who has effectively serviced clients and driven revenue growth and shaped their firm’s success in the 2017 calendar year.Based on business growth metrics as well as support and servicing, the award considers the activities, strategies and actions of the auditor in terms of driving increased revenue and compliance efficiencies. Show less