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SMSF Services

Trustees must appoint an approved SMSF auditor to audit your fund each year, at least 45 days before you need to lodge your SMSF annual return. The auditor examines your fund’s financial statements and assesses your fund’s compliance with super law.

As registered SMSF auditor with Australian Securities and Investment Commission ( ASIC), we have been helping accountants, trustees and investor with their SMSF audit and compliance obligation.

We provide

No competition with accountants
Quick turnaround SMSF audit
At FIXED fees

Your wealth has a long history. Make sure it has a great future.

As a trustee of your fund, you have to make important decisions. Some will have far-reaching consequences for you and your family’s financial future.

Whether you are deciding on a long-term investment strategy, or considering setting up a foundation, your dedicated client manager help you debate all the issues from economic, tax, legal and strategic perspectives. You can also count on our support to help you choose external service providers.

The services we offer include:

►► Review your trust deed
►► Review your investment strategy
►► Review books of accounts of your fund
►► Perform analytical review to ascertain health of your investments
►► Review and compare your funds return with average market return.
►► Check compliance of your fund with SIS act and regulations.
►► Advice you any non material breach through management letter
►► Advise ATO on material breaches
►► We do not advice you on specific investment advice.

A number of risks can threaten your fund’s assets

Financial risks

►► General economic risks
►► Investment risks
►► Possible embezzlement of liquid assets
►► Incorrect accounting or inadequate reporting that hampers decision-making
►► Unapproved investment transactions
►► Investments in vehicles that are not in line with the fund’s values
►► Trust members wishing to exit or seeking liquidation

Personnel risk

►► Lack of continuity in the management of the fund’s affairs

Technology risks

►► Loss of information and infringement of confidentiality

►► Cybercrime, information and identity theft

►► Collapse of IT systems

Reputational risk

►► This classic risk has increased dramatically as a result of the online publication of sensitive information and also the widespread use of social media

Compliance risk

►► Overlooking new tax laws , SIS Act or other regulatory requirements — this risk is becoming larger as the pace of legislative change quickens

Risk management — because nasty surprises can be expensive

The recent turmoil on the financial markets shows that structuring and managing wealth today is a difficult challenge. To preserve your assets in the long term, you have to anticipate changes, manage all kinds of risks and re-examine your investments much more frequently than before.

Whatever area you wish to focus on, our specialists serve as a guide and an “early warning system” for fund trustees. Whether you are faced by changes to tax laws, SIS regulation or shifts on the capital markets, we will provide you with a joined-up analysis of the risks to which your fund’s wealth is exposed, highlight risks that you are unlikely even to recognize, and advise on how you can manage them effectively.

Steps to complete Audit Of your SMSF

Our services are designed to support your wealth manager and the advisory team you already have in place. If you have not yet established a family office, we will be happy to take care of the process for you — from concept through to setup.

Just Send us the documents

►► We understand it is difficult for sort through a generic list of requirement

►► Just send us the trust deed and current year financial statement

►► An experienced accountant will look at your fund and send you a list of requirement specific to you need

Engagement

►► Sign up an engagement letter

►► Sign up Trustee representation letter

►► Once signed we will send you a list of requirement

Audit

►► Our dedicated team will review and perform the audits within 24 hours

Findings

►► We will issue you an audit report if no material breach and advice you audit findings in the form of a management letter.

►► If there is any material breach we will notify you and with your full knowledge only we will notify the breach to ATO.