If you run a self-managed super fund, you must ensure that your SMSF is audited annually by an approved auditor.
A SMSF audit involves an approved auditor conducting a financial and compliance audit of your super fund.
A financial audit enables your auditor to examine your fund’s financial statements.
A compliance audit involves assessing your SMSF’s compliance with the superannuation rules.
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SuperGuide was founded by Trish Power, author of Superannuation for Dummies, DIY Super for Dummies, Super Freedom, and many other books on super and investing, and Robert Barnes.