SMSF online audits: what are they and what do they cost?

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SMSF Mate

SMSF Mate

29 episodes

1 month ago

The SMSF Mate podcast is a friendly, down-to-earth, jargon-free space to get ideas and knowledge about Australian financial matters. Run by the mates behind smsfmate.com.au, this podcast is a round table discussion between business owners, accountants, financial advisors and fund managers who put their money where their mouth is and have gained a lot of actionable insights through managing their own investments and their client's financial affairs. We aim to share easy-to-understand financial info that could potentially impact your quality of life in retirement in a big way.

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All content for SMSF Mate is the property of SMSF Mate and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

The SMSF Mate podcast is a friendly, down-to-earth, jargon-free space to get ideas and knowledge about Australian financial matters. Run by the mates behind smsfmate.com.au, this podcast is a round table discussion between business owners, accountants, financial advisors and fund managers who put their money where their mouth is and have gained a lot of actionable insights through managing their own investments and their client's financial affairs. We aim to share easy-to-understand financial info that could potentially impact your quality of life in retirement in a big way.

Show more...

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SMSF online audits: what are they and what do they cost?

SMSF Mate

9 minutes 23 seconds

3 years ago

SMSF online audits: what are they and what do they cost?

SMSFs must be audited each year by an independent auditor of the accountant and administrator who is preparing the financial statements. Online SMSF audits refer to the process that involves submitting details with the SMSF audit provider via an online portal instead of conventional processes. Online SMSF audits can be more cost-effective and typically would attract a lower fee.

In this episode of SMSF Mate's podcast, Ashwin and Sonny discuss SMSF audits and online SMSF audits, fees and their personal experience with these services in the past.

You can read more on the SMSF Mate website here: https://www.smsfmate.com.au/smsf-online-audit-process/