Time for your annual SMSF Audit?

The team, at One26 Financial Services Group, has been a trusted advisor for our family of clients for 21 years. Providing financial advice and services that help you achieve financial security and guidance. Did you know, in addition to our suite of services, we now offer an SMSF Audit Service?

If you have a self-managed superannuation fund (SMSF), you will know that there are important steps, you need to take each year before lodging your tax return. You must have a SMSF audit completed annually. Below we have put together some frequently asked questions about SMSF Audits that you might find helpful. Book in your SMSF Annual Audit with One26 and save! Take advantage of introductory offer. Pay only $2200 for your full SMSF Annual Audit.

Below we have put together some frequently asked questions about SMSF Audits that you might find helpful. If you would like to engage One26 as you trusted SMSF auditor call the team on 07 3352 9600

FAQ - Frequently asked Questions about SMSF Auditing

What should be performed in your SMSF Annal Audit? One26 SMSF Audits include SMSF auditor’s opinion and reporting to the ATO and the trustees along with the below • Confirmation of Assets • Ownership • Completeness • Classification • Valuation • SMSF fund meets ATO definition • Fund account and statement verification • Compliance with ATO and ASIC regulations • Investment strategy • Separation of assets • Collectable and personal use assets • Contribution acceptance standards met • Benefit payment standards and eligibility • ECPI calculations and amounts • Verification of Taxation calculations • Deduction and expense evidence • Appropriately Recorded Income

Can I perform my own SMSF Annual Audit? No, you can not do this yourself.

All SMSF trustees or directors must appoint an approved SMSF auditor, like us at One26, to audit their fund annually. The audit must be conducted by an approved SMSF auditor who is registered with the Australian Securities and Investments Commission (ASIC). This auditor must be independent to the accountant who prepared the files. When should an SMSF Annual Audit be performed? All Self-Managed Super Funds must conduct an SMSF Audit annually before a tax return is able to be lodged to the Australian Taxation office (ATO). The Trustee must appoint an approved SMSF auditor to audit the SMSF, no later than 45 days before lodging the SMSF annual return. Can One26 help? Yes! of course we can! One26 is a registered SMSF auditor with ASIC and are happy to help you in any way

Take advantage of introductory offer. Pay only $2200 for your full SMSF Annual Audit. Like to book your Audit?  Click below or call the One26 team on 07 33529600