Questions

According to the Australian Taxation Office and Superannuation Industry Supervisory Act 1993, SMSF should be annually audited by ASIC-approved SMSF Auditor.

For each SMSF Audit, Wise Audits charge a flat price of $330 including GST

Yes, We can do a single SMSF audit as well.

Before commencing the audit we will provide you with our engagement pack comprising of our engagement letter, SMSF Audit Checklist, and Trustee Representation Letter.

SMSF Trustees must provide all necessary documents to SMSF Auditor as per the Audit Checklist and if any further information and documentation are required, it must be provided within 14 days.

No, SMSF must appoint and receive audit report before SMSF annual return can be lodged with ATO.

With an increased regulatory focus on SMSFs, it is the right time to have fresh eyes audit your SMSF so that you are assured that SMSF is compliant.

Independence has become a very important pre-condition for an SMSF auditor. Hence, you cannot have your friend or relative as auditor of your SMSF.

At the end of the Audit, you will get an Independent Audit Report, Management Letter, and Contravention report (if applicable).

Client confidentiality is our highest priority and we have all systems in place to make sure that data security and integrity are maintained.