As more SMSF audits are completed, check your reporting obligations before you finalise your work.
Make sure you use the current approved version of the Self-managed superannuation fund independent auditor's report (IAR) form (DOCX, 702KB)This link will download a file (NAT 11466-06.2024) from our website. This version should be used for all audits completed on or after 1 July 2024 and will not change for the next reporting period commencing 1 July 2026.
You must also give all trustees the completed audit report, in the approved form, within 28 days after the trustee provides all documents relevant to the audit.
If you identify a reportable contravention, lodge your Auditor Contravention Report (ACR) within 28 days of completing the audit.
Our auditor reviews continue to identify avoidable reporting mistakes, including using the wrong version of the IAR, not modifying the opinion when required, and not lodging an ACR when the reporting criteria are met.
If you use software to prepare the IAR, check that it uses the current approved form and does not carry forward outdated details.
Before you finalise your work, check:
- you are using the correct IAR form
- you have modified the report where required
- you have lodged any ACR within the required timeframe.
For more information, refer to our guidance on SMSF auditor reporting requirements and completing the independent auditors report.
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