As a trustee of an SMSF you must appoint an approved, independent auditor to audit your fund each year. The auditor examines your fund's financial statements and assesses your fund's compliance with super law.
Your SMSF auditor must be:
Registered with the Australian Securities & Investments Commission (ASIC)
Independent – they should not be a trustee/member of the fund and should not be the person who prepared the SMSF accounts.
Gwenyth Bigger is a Registered SMSF Auditor. As a Specialist Independent auditor , we provide reliable and accredited auditing services to Trustees, and Accountants, assisting you to make sure everything is in order and compliant.
We believe we are very competitive on price, please feel free to contact us today for a no obligation quote.
As a Member of CPA Australia, Gwenyth has many years of experience in the audit of incorporated associations – Kindergartens, Tennis Clubs, Golf Clubs and other community based organisations.
The Constitution of your organisation provides details as to the requirement of an annual audit.
Associations Incorporation Act 1981 requires your incorporated association to Lodge Accounts with the Registrar in your state, however, each State has different requirements.
Example - Victoria:
Accounts must contain particulars of income and expenditure, assets and liabilities, any mortgages/ charges on property and the activities of any trusts controlled by the entity — Section 30.
An Audit is required, but only if revenue is over $200,000 or assets over $500,000.
If you have any questions, in relation to your association, please contact us, we are available to assist with your community organisation.
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