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(03) 5977 6210

SMSF Auditing and Compliance

If you are thinking of creating a SMSF, it is essential that you are aware of the significant compliance requirements that regulate the sector. Livingstone Beckett & Associates have three registered Self-Managed Superannuation Fund auditors and are well equipped to manage the Audit and Compliance requirements of our clients SMSF’s.

Superannuation is confusing enough. Let us manage your SMSF and ensure that you’re not at risk of any breaches in Compliance and that your Auditing requirements are being handled by experienced professionals.

Whilst SMSF auditing costs may vary dramatically based on the fund’s history and it’s investment structure, below is overview of our pricing structure for the annual Auditing and Compliance requirements of a SMSF:

Category

Characteristics

Cost

1

Funds with the following charateristics:

$330.00

- Fewer than 10 transactions, including rollovers & contributions

   

- A maxium of 1-3 assets bought, sold or held by the fund during the financial year

 

2

Funds with the following charateristics:

$550.00

- A maximum of 80 transactions during the accounting period

   

- Investments in listed company shares, widely held trusts or term deposits

 

- An asset portfolio of between 4-10 assets bought, sold or held during the period

 

3

Funds with the following charateristics:

$880.00

- A maximum of 200 transactions during the accounting period

   

- Exotic investments (e.g., antiques, collectibles, artwork)

     

- Investments in real property

       

- Related party transactions (e.g., loans, leases)

     

- No material SIS compliance breaches

       

- An asset portfolio of between 10-20 assets bought, sold or held during the period

 

4

Category 4  funds begin at, however, are not limited to the prices quoted in this schedule. Characteristics of these funds include:

$1,100.00

 

- Greater than 200 transactions during the accounting period

   

- Greater than 20 assets bought, sold or held during the period

   

- Material SIS compliance breaches