Coronavirus (COVID-19) updates from the Australian Government

Three year audit cycle for some self-managed superannuation funds

This consultation process has now been completed. Submissions available
Date
-
Consultation Type
Discussion Paper

Key Documents

The Government recognises that self-managed superannuation fund (SMSF) trustees appropriately face a number of regulatory requirements in administering their funds. However, the Government is committed to reducing red tape for SMSF trustees where suitable.

This paper is seeking feedback on a measure announced in the 2018-19 Budget to change the annual audit requirement to a three yearly requirement from 1 July 2019 for SMSFs with a history of good record-keeping and compliance. The paper will seek views on eligibility criteria, key events which may require more frequent auditing and possible transitional arrangements.

Submissions

68 submissions were received for this consultation.

ASF Audits - pdf 672.63 KB
Assured Super - pdf 66.72 KB
Australian SMSF Audits - pdf 169.05 KB
Barbariol, Robert - pdf 24.31 KB
Beattie, Michele - pdf 134.42 KB
Bellas Accountants - pdf 63.14 KB
Bentleys - pdf 417.11 KB
Bonham, Jim - pdf 114.22 KB
BPR Audit - pdf 363.61 KB
CAANZ and CPA Australia - pdf 565.21 KB
CCH Wolters Kluwer - pdf 118.3 KB
Chalmers, Michael - pdf 88.42 KB
Chandrasegaran, Suryan - pdf 40.17 KB
Clareburt, Greg - pdf 151.08 KB
Crowe Horwath - pdf 105.33 KB
Deloitte - pdf 69.85 KB
Dissidomino, Vicenzo - pdf 36.34 KB
DIYSuperAudit - pdf 674.03 KB
Duda, Wil - pdf 447.4 KB
Evolv Super - pdf 227.08 KB
Firth, Deanne - pdf 188.14 KB
Fox, Paul - pdf 58.85 KB
GBP Partners - pdf 617.6 KB
Gillespie, Jason - pdf 62.88 KB
HillsAudit - pdf 135.81 KB
Hinz, Richard - pdf 72.68 KB
InFocus Audits - pdf 182.08 KB
KPMG - pdf 56.51 KB
Lad, Ashok - pdf 106.71 KB
Lee Dyball, Mark - pdf 110.68 KB
Lopez, Robert - pdf 162.57 KB
Lucas, William - pdf 67.65 KB
McCart, Campbell - pdf 35.3 KB
Newnham, Max - pdf 36.6 KB
NTAA - pdf 1.2 MB
O’Kane, Stephen - pdf 41.22 KB
Pitcher Partners - pdf 588.76 KB
Polman, Rob - pdf 21.95 KB
Prout, Kevin - pdf 30.28 KB
Rainger, Kelvin - pdf 31.51 KB
Robertston, Ken - pdf 116.16 KB
Ryan Financial - pdf 289.42 KB
SaulSMSF - pdf 1.02 MB
Simpson, Paul - pdf 27.83 KB
SISFA - pdf 456.39 KB
SMSFA - pdf 494.88 KB
Surjenko, Daniel - pdf 240.52 KB
Tax and Super Australia - pdf 137.25 KB
Tax Institute - pdf 264.87 KB
TriSuper Auditors - pdf 268.9 KB
Turner, Trevor - pdf 232.01 KB
Vail, Terry - pdf 793.07 KB
Walker, Rex - pdf 131.8 KB
Watson, John - pdf 473.58 KB
White, Trent - pdf 41.69 KB
Willington, Ben - pdf 84.98 KB