Consultation
Regulations relating to audits of SMSFs
Name
Mr Neville Ortmann
Organisation
Ortmanns Pty Ltd
Email
npo@ortmann.com.au
Are you submitting on behalf of your Company
No
Do you want your submission to be confidential
No
Accessibility Statement
Yes
Submission files
Support files
Submission text
I complete the audit of approximately 50 SMSFs. They practically all are provided to me for audit in the February to May period, more later than earlier. The 28 day period in which to complete an audit is comfortable for one audit, but if there is and influx of SMSFs in the April May period in any one year it will be impossible and impractical to do them all in 28 days. A period of 60 days would be more practical 

I suspect that many other auidtors would be in the same position