Preparing to conduct your audits

As a self-managed super fund (SMSF) auditor you play a critical role in helping maintain the health and integrity of the sector through your annual SMSF audits.

As an SMSF auditor it's your responsibility to:

• carry out the annual financial and compliance audit of an SMSF's operations
• provide the Self-managed superannuation fund independent auditor’s report (NAT 11466) to trustees within 28 days of receiving all documentation.

To prepare for auditing an SMSF:

• check you have met all your professional requirements
• ensure you understand your responsibilities when accepting an engagement with a fund, including compliance with the independence requirements.

We also have information on conducting an audit that could help you:

• Financial audit
• Compliance audit
• Auditing an SMSF that is winding up

We recommend you review our auditor checklist to ensure your audit file contains all required quality checks and documentation.

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