Self-managed super funds: A statistical overview 2009-10

Table 21: 2010 SMSF audit fees

This table illustrates average and median SMSF audit fees reported on the 2010 SMSF annual return. It also distinguishes SMSFs whose auditors performed additional services for the fund and those who only performed the audit service.

These figures are estimated based on SMSF income tax and regulatory return form data.

Auditor provided other services	Average audit fee	Median audit fee
Yes	$882	$550
No	$571	$468
Total	$607	$490

Note: The data for this table excludes those SMSFs that did not report an audit fee >$0 in their 2010 Annual Return.

Sections within Appendix 1 - data tables

• Table 1: Contribution flows
• Table 2: Rollover flow (into and out of SMSFs)
• Table 3: Yearly SMSF population and asset size
• Table 4: SMSF age distribution
• Table 5: SMSF trustee type
• Table 6: Number of audits performed by approved auditors
• Table 7: Number of SMSFs registered per tax agent
• Table 8: SMSF member age ranges
• Table 9: SMSF member age, balances and taxable income, contrasting with non-SMSF member taxable income
• Table 10: Average and median asset sizes
• Table 11: Asset Ranges by fund and member size
• Table 12: Average return on assets (ROA) by fund size
• Table 13: 2010 SMSF asset allocations
• Table 14: 2010 SMSF asset allocations by fund size
• Table 15: 2010 SMSF asset allocations by SMSFs in accumulation and pension phases
• Table 16: 2010 asset concentrations
• Table 17: 2010 asset concentrations by fund size
• Table 18: 2010 asset concentrations by asset class
• Table 19: Average operating expense ratios to assets by SMSF fund size
• Table 20: Operating expense ratio ranges
• Table 21: 2010 SMSF audit fees
• Table 22: SMSF audit fee by ranges
• Table 23: Types of contraventions reported to the ATO