SMSF Audit

Our audits are conducted in accordance with the governing rules, Superannuation Industry (Supervision) Act 1993 (SISA) and the Superannuation Industry (Supervision) Regulations 1994 (SISR). Audits are conducted by an ASIC-approved SMSF auditor.

SMSF audits start from $220(excl GST) for audit of "cash-only" SMSF. This can go up to $440(excl GST) for funds with complex investment products such as derivatives, options, warrants and Contract-For-Difference. In general the average audit fee is $330(excl GST) for SMSFs with direct shares and a few managed investments.

New SMSF (First year audit) $250 (excl GST)
SMSF with cash only $220 (excl GST)
SMSF with up to 10 listed shares $330 (excl GST)
SMSF with more than 10 listed shares or CFDs or Derivatives $440 (excl GST)

Turnaround time is 7 to 14 days.

Trustees need to provide Financial Statements which includes Statement of Financial Position (Balance Sheet), Statement of Income (Profit & Loss) and Member Statement.

  1. Trust deed plus any Deed of Variation
  2. Membership application for all members of the fund.
  3. If your SMSF has a corporate trustee, please provide the company constitution and latest ASIC company statement.
  4. ATO Trustee declarations (for SMSFs setup after 1 July 2007)
  5. Previous year tax return, financial statements, minutes and signed Audit Report.
  6. Current year Investment Strategy.
  7. Current year tax return
  8. Current year financial statements and notes to financial statements.
  9. Bank statements. Please annotate employer contributions, member contributions, dividends or distributions.
  10. Term deposit statements
  11. Share trading confirmations. Capital gain/loss calculations.
  12. Portfolio Summary for 30 June 20XX (if applicable)
  13. Invoices eg. accounting fee, audit fee, ASIC annual review.
  14. Rental income and expenses summary (if applicable)
  15. CFD and Options confirmations and trading reports
  16. Dividend Statements
  17. Distributions and Annual Tax Statements
  18. Rollover Benefit Statements (if any).

Additional information may be requested to complete the audit.

The documents may be posted, emailed or dropped at the office.

If your fund needs auditing, please contact us via email at or phone 08 9440 0871.

We do not audit superfunds which we have prepared the tax return for. If we prepared the tax return, the audit work will be given to an independent auditor who is external to ME Superfund or an auditor of your choice.

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Chartered Accountants

Jimmy CK Chong is a Chartered Accountant & registered tax agent. Contact him via:
Tel : 08 9440 0871
Mob : 0433 117 110
Email :

General advice Warning

The contents of this website are of a general nature and does not take into account your financial goals, current financial position and needs. If this website refers to a financial product, you should read the Product Disclosure Statement (PDS) of the product provider. If you decide to buy any financial product mentioned on this website, you should first seek a Financial Adviser for help. "ME Superfund Tax & Audit" does not sell any financial products such as insurance, investments and financial advice. We only offer one of Australia's cheapest SMSF tax agent services and superfund audits. The purpose of this website is to provide information that will educate readers about Self-Managed Superannuation Funds (SMSF) and to help them setup their own DIY superfund.

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