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Table 8: Audits performed by SMSF auditors

Last updated 19 December 2016

These tables show the proportion of SMSF auditors to the size of their client base, and the proportion of total audits performed by SMSF auditor client base, for the years ended 30 June 2011 to 30 June 2015.

These figures are estimates based on SMSF annual return form data.

Proportion of SMSF auditors by number of fund audits per by financial year

Client base

2011

2012

2013

2014

2015

<5 funds

36.5%

32.5%

16.5%

14.8%

14.1%

5–50 funds

44.5%

47.8%

51.3%

51.0%

53.0%

51–250 funds

16.7%

17.3%

27.8%

29.2%

27.9%

>250 funds

2.3%

2.4%

3.6%

5.0%

4.9%

Total

100%

100%

100%

100%

100%

The year columns refer to the year being audited, not the year the audit took place.

Proportion of total audits by SMSF auditor client base by financial year

Client base

2011

2012

2013

2014

2015

<5 funds

1.7%

1.4%

0.5%

0.4%

0.4%

5–50 funds

22.7%

24.3%

17.8%

16.6%

17.2%

51–250 funds

41.4%

40.2%

41.1%

39.8%

38.4%

>250 funds

34.2%

34.2%

40.6%

43.2%

44.0%

Total

100%

100%

100%

100%

100%

The year columns refer to the year being audited, not the year the audit took place.

QC50779