Paperless SMSF Auditor

On the basis that small entity auditing is about procedures and documentary evidence the key to pricing an SMSF audit is a function of the comprehensiveness of uploaded documents provided by the SMSFs accountant or trustee. The diversity and class of investments the SMSF has is often less of an issue. This is why at the Paperless SMSF Auditor we have developed a Gold, Silver and Bronze Pricing System based on what you upload rather than the usual questions about the size and investment profile of the SMSF.

Why Paperless

Generally speaking most financial professionals prefer someone they know or a colleagues referral before awarding an assignment. SMSF auditing is one area where accountants and trustees can sometimes value the remoteness of an auditor.

The key to a professional and properly conducted SMSF audit is compliance with the SIS Act (1993), the SIS Regulations (1994), the Corporations Act (2001), Auditing and Assurance Standards Board (AUASB) statements and various ASIC class orders.

SMSF auditing is fundamentally about carefully running checklists that cover off on the various acts and regulations above. As a result it also follows that an SMSF auditor who can access and electronically search all relevant source documents is in a position to complete, add value and yet also deliver a cost effective SMSF audit.

Paperless SMSF Auditing is aimed at offering accountants and trustees the ability to upload files, via a checklist, that then become part of a truly Paperless Audit. Files uploaded onto our secure server are also on your system which means the very process of getting your SMSF ready for audit also creates electronic work papers at your end for your future reference.