1300 284 330 info@amwaudit.com.au

Superannuation Funds (SMSF)

Audit Requirement

All APRA Regulated and Self Managed Superannuation Funds have to be audited on an annual basis, as required by the Superannuation Industry (Supervision) Act 1993 (SIS Act).

AMW have been our preferred audit firm for SMSFs and other audits for many years. We have always been impressed by the team’s expertise and understanding of auditing issues.

RAVE RAVENDRAN

MANAGING DIRECTOR, AVER GROUP CHARTERED ACCOUNTANTS

Audit Process

The audit process involves obtaining the financial statements for the fund as well as the annual return, and verifying the balances at year end and the transactions during the year to supporting third party documentation. We also verify trustee decisions to minutes of meetings and ensure other matters dealt with in the SIS Act, like pension requirements, the investment strategy and market values have been complied with.

We have a detailed SMSF requirements document to give you guidance on the kind of documents we ask for so that you can prepare.

At AMW we audit over 300 superannuation funds on an annual basis. We have 2 registered SMSF auditors of which one is an SMSF Specialist auditor. Being members of the SMSF Association, we stay up to date with training and are eager to assist you in fulfilling your audit obligations as trustee and financial advisors/SMSF accountant.

Contact us today to learn how we can help you with your individual audit needs.

what our clients say

We have been using the audit services of AMW to complete our annual AFSL obligations for the last 5 years and would highly recommend their service to all, they are well priced, both practical and reasonable in their approach to small AFSL holders, and efficient at turnaround times.

CAMERON HOWLETT

DIRECTOR, INDEPENDENT WEALTH PARTNERS

AMW have been our preferred audit firm for SMSFs and other audits for many years. When I started Aver Group in 2004 we were looking to build a relationship with a like-minded professional auditing firm that understood the needs of Accountants.

We have always been impressed by the team’s expertise and understanding of auditing issues. They have a personal, proactive approach and are always available either via telephone or email.

The Principal/Director, B J Thomas, is approachable and is commercially minded. He is very professional and always gives clear advice in a prompt and efficient manner. His work ethic and personality has certainly been passed onto his team members and we have a great business relationship with the whole firm.

In summary, AMW are an impressive team which delivers on their promises and are stand out performers in the Auditing sector

RAVE RAVENDRAN

MANAGING DIRECTOR, AVER GROUP CHARTERED ACCOUNTANTS

AMW came to us highly recommended and have conducted our last two audits of the college’s financials. They are highly professional and have developed a good understanding of schools and their processes. Their team are a pleasure to work with. I have no hesitation in recommending AMW to other schools for the purpose of conducting an audit and the preparation of financial statements.

TAMMY FENWICK

BUSINESS MANAGER, THE KING'S COLLEGE