Many people wonder what is such a great deal about SMSFs that every second person in Australia has lately been talking about it. What advantages do they offer over retail or industry superannuation funds? Here are 5 reasons why you should consider setting up a Self-Managed Super Fund right away: 1. One solution to collective … Continue reading 5 Reasons to Set up a Self-Managed Super Fund
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It is considered a best practice by many accountants to value the assets at market value when accounts are being prepared. It is compulsory for accounts prepared for and post 2012-13 financial year end to get valued annually. Time of valuation For real property, unless in case of significant event or a natural disaster, it … Continue reading Complete Guide on SMSF Valuation
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If you are dealing in SMSF, you must know that Self-managed super funds require an annual audit. The right auditor does not always have to be a cost-effective one. They must be approved auditors within capacity to conduct a financial & compliance audit of SMSF. It is important that you engage an approved auditor before … Continue reading Why you need Professional Auditors to Manage Your Self-Managed Super Funds?
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Your relationship with the auditor representing your brand is a critical one and of course worth your time & due diligence before selecting one. Hiring a wrong auditor for your company can have serious repercussions on your business, brand & goodwill. Getting to know your potential auditor before sealing the deal is imperative for a … Continue reading 5 Key Considerations to Find the Best Auditing Firm in Australia
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Any person who manages a self-managed superannuation fund (SMSF) must employ a registered SMSF auditor for annual audit of the firm. It is important that you seek out and appoint an approved auditor 30 days prior to your audit. A registered SMSF auditor will examine the fund’s financial records, validate their accuracy and ensure their … Continue reading Why Should You Use a Registered SMSF Auditor?
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