Why identify approved SMSF auditors?
The Self-managed superannuation fund (SMSF) auditor registration reform is part of the Australian Government’s Stronger Super reforms. The initiative has been implemented to improve the integrity of the audit process and set minimum levels of competency standards for approved SMSF auditors.
Auditors who aren’t registered cannot sign off SMSF audits for the lodgment with ATO
If you are a SMSF trustee you want make sure that your appointed SMSF auditor is registered with ASIC. Auditors who aren’t registered cannot sign off SMSF audits for the lodgment with ATO.
How to check if your appointed SMSF auditor is registered
If you are an SMSF trustee, you can check if your appointed auditor is registered by searching the SMSF auditor index using ASIC Connect.
How to check if your appointed SMSF auditor has been disqualified
You can also check whether an auditor has been disqualified from practising as an approved SMSF auditor by performing a Banned & Disqualified SMSF Auditor search. Simply select the ‘Banned & Disqualified’ option from the drop down menu in the ASIC Connect search banner.
W Wen & Co, accountants at Epping, are registered SMSF auditors
For any queries in relation to the SMSF audits, please contact Wen or Chorus on (02) 9871 3429.