In accordance with the Superannuation Industry (Supervision) Act 1993 (SIS), the accounts and financial statements of regulated self managed super funds must be audited by an Approved ASIC Auditor. The SMSF audit must provide the fund trustees a certificate on the accounts and financial statements in the approved form within the prescribed time after the year of income to which the accounts and statements relate.
As part of the audit process, SATO SMSF Administration® may request from the trustees written confirmation concerning representations made to us in connection with the audit process.
Reporting of Significant Audit Matters
Where fund trustees appoint other service providers for their annual administration requirements, but would like to engage SATO SMSF Administration as an independent auditor for Annual Audit (“Only”) then the following professional fees would be applicable:
|Annual Audit fees Structure|
|Groups||Characteristics||Fees (GST incl.)|
|Amber||All investments in any of the following:||$220|
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