SMSF Auditors for Administration Services
The concept of self-managed super funds (SMSFs) is a booming industry in Australia. Many people - young and old - have their own SMSFs and some of them hire administrators to manage their SMSF for them. Administrators are crucial to the effective and efficient operations of any SMSF management. They will usually be responsible for supporting their organisation in a variety of ways, including bookkeeping, communications, scheduling, data entry, and much more.
Good administrators are masters of multitasking, while the best administrators make sure their clients’ needs such as audit requirements are met on time. Super Audits provide the best SMSF administration services in the whole Australia. If you’re one of the best SMSF administrators in Brisbane, you sure know about Super Audits.
Super Audits offers a variety of auditing solutions to managers and administrators, and we provide reliable and value-effective services for our customers consistently.
Besides our audit services, current customers also receive free technical support in relation to the requirements of compliance with the SIS Act.
The Role Of Auditors: An SMSF Essential
Auditors play a critical role in the Self-Managed Superannuation Fund (SMSF) regulation system. The law regulating the SMSF sector allows an "authorized auditor" to review reports, documents, and all SMSF compliance requirements each year.
More generally, the auditor is expected to:
- review the financial statements of your fund;
- determine the total conformity of your fund with the super's rule;
- get you an audit report by the day before you are required to submit the SMSF annual; return and;
- provide the SAN as it is required to be reported on the annual return.
Auditors for SMSF Administrations
SMSF administration is a laborious task and having auditors you can trust is a must. Auditors should be independent and show freedom from bias. At Super Audits, we guarantee that all our auditors are not just registered and approved by ASIC, but also manifest professional skepticism for your audits.
Keep in mind that an audit is necessary, even if in the income year there are hardly any contributions or payments made.
Nevertheless, when it comes to an annual return, it should be remembered that the policy of the Tax Office will not approve one if the SMSF has no resources or members at the end of the financial year unless that is the year the fund is started upon.
Super Audits for Your Auditing Needs
By filling out our get quote form, one of our team members will get back to you in less than 24 hours, notifying you about the cost of our service.
Super Audits is completely focused on budget-effectiveness. Common inspections would commonly cost less than $300. At the initiation of the plan, if the overall cost is more than we estimated, then the extra charge will be covered by Super Audits.
Are you an administrator who needs to audit the SMSF of your clients? Please contact our nice and professional team today. Please feel free call us at 1300 AUDITOR (1300 283 486) for more details about our services.