Self-managed superannuation funds (SMSFs) are a popular choice for Australians who want to have more control over their retirement savings. However, SMSF trustees have a number of legal obligations, including having their SMSF audited annually by a registered SMSF auditor.
What is an SMSF audit and why is it important?
A self-managed superannuation fund (SMSF) audit is an independent review of an SMSF’s financial records and compliance with superannuation laws and regulations. All SMSF trustees must have their SMSF audited annually by a registered SMSF auditor. There are a number