SMSFs - also known as Self-managed super funds - are a kind of private and regulated superannuation fund that invests and manages retirement funds in Australia. These funds exist in the form of a regulated tax structure for the purpose of managing retirement income. The fund is registered in the name of a trustee/s. In fact, the trustee's superannuation is being invested through such funds. The Australian Tax Office (ATO) regulates this type of fund.
Hence, it should be administered in line with the relevant laws and regulations in the country. Even though SMSFs are supposed to be self-managed, the complex nature of the fund requires professional assistance in order to set-up and administer the fund. In fact, the specific taxation requirements as well as the complex financial reporting obligations make it mandatory to obtain professional assistance to set-up and manage such a fund. That is where we - SMSF Auditors In Melbourne - come in handy. Here is why you need to choose us to set-up and administer your SMSF in Melbourne, or anywhere in Australia.
Since the year 2013, each SMSF fund needs to undergo an annual audit conducted by an ASIC-approved SMSF auditor. Hence, an SMSF auditor should preferably be a regulated and accredited financial professional. That is why an increased number of financial professionals seeking registration as approved SMSF auditors across Australia. That is why you need to be extra cautious when choosing the right professional to set up and administer your SMSF fund. It is for this reason that we are highly regarded as an SMSF expert in Melbourne and across Australia. With the increased competition in the industry, there are a number of unscrupulous service providers trying to take advantage of ignorant trustees out there. That is why you should be conducting a sufficient amount of research before choosing the best SMSF auditor. You can then rest assured knowing that your investment is safe with a reputable and experienced SMSF auditing service like us.
In fact, SMSF auditor services in Melbourne have very important responsibilities and obligations. They should ensure that the funds comply with the legislation that governs super funds. On the other hand, they should be able to examine the accuracy of a trustees accounting records. Such a service provider is very important to manage the retirement savings of the trustees as well as helping to improve the health of the broader SMSF sector. That is why an SMSF auditor should be highly qualified and experienced in their role. A professional SMSF auditing service such as SMSF Auditor in Melbourne meets all of these requirements. That is why you should call us right now to set-up and manage your retirement saving funds in Australia. You won't regret your decision later on.
There is a number of important criteria that a professional auditing service should meet in order to sign off an SMSF report. Without these important criteria, an auditor cannot sign off the SMSF report on behalf of a trustee. Here are some of the criteria.
These are some of the most important factors to consider when you are choosing a professional SMSF auditing service in Melbourne. That is where we - SMSF Auditor in Melbourne - come in handy. We are one of the best service providers in the country. Call us today to find out about the SMSF auditing services that we provide.