Guide to self-managed superannuation funds

Appoint an approved auditor

As a trustee of an SMSF, you're required to appoint an approved, independent auditor to audit your fund each year, at least 30 days before the auditor must give a report to the trustee. The auditor report must be given to the trustee by the day before the fund is required to lodge its SMSF annual return. Your auditor is required to:

• examine your fund's financial statements, and
• assess your fund's overall compliance with the super law.

Check our disqualification register before you appoint an approved auditor.

You should appoint your auditor early to allow enough time to do the audit and lodge the SMSF annual return on time. An audit is still required even if no contributions or payments were made in that income year.

Before an auditor can start to audit, you or your SMSF professional need to prepare information about your accounts and transactions for the previous financial year - this information is then sent to the approved auditor.

	For more information, refer to Running a self-managed super fund (NAT 11032).
	Self-managed super funds - home

Sections within Reporting, record keeping and administration

• Appoint an approved auditor
• SMSF annual return
• Rollover benefits statement
• Record-keeping requirements
• Notifying us if there is a change