Introduction
If you run a self-managed super fund (SMSF), you know that an annual SMSF audit is a legal requirement. Every year, an independent SMSF auditor must review both the fund’s financial statements and compliance with the superannuation laws.
One of the most common questions accountants and trustees ask is: “How much does an SMSF audit cost?” Let’s break down SMSF audit fees, what influences them, and how you can make sure you’re getting value for money.
Typical SMSF Audit Fees in Australia
In Australia, the cost of an SMSF audit generally ranges between $300 and $600 per fund, depending on complexity. Some firms charge fixed SMSF audit fees, while others may charge higher fees if the fund has more complex structures, such as:
– Property owned through a Limited Recourse Borrowing Arrangement (LRBA)
– Multiple investments or asset classes (shares, property, unlisted companies)
– Overseas assets or unusual transactions
– Compliance breaches that require additional review
At SMSF Audit Link, we believe in fixed, transparent SMSF audit fees — no hidden charges, no surprises.
What Impacts SMSF Audit Fees?
Several factors influence the cost of an SMSF audit:
1. Complexity of the Fund – Funds with straightforward investments (e.g., cash and shares) are quicker and cheaper to audit compared to funds with property, loans, or unusual assets.
2. Quality of Documentation – Well-prepared financial statements and organised supporting documents reduce audit time and cost.
3. Compliance Issues – If breaches are identified, the SMSF auditor must perform additional checks and reporting, which can increase fees.
4. Audit Turnaround Time – Urgent audits or last-minute requests may attract higher fees.
Why Independent SMSF Audits Matter
When comparing SMSF audit services, it’s important to remember that every SMSF must be reviewed by an independent SMSF auditor. Independence is critical because it ensures the auditor is free from conflicts of interest.
At SMSF Audit Link, our audits are carried out exclusively by our Sydney-based team. We do not prepare accounts or deal directly with trustees, which means our audits remain fully independent. All work is reviewed by a CPA-qualified, ASIC-approved SMSF auditor.
Fixed Fees vs Hourly Rates
Some firms still charge hourly rates for SMSF audits, but this often leads to uncertainty for accountants and trustees. Fixed-fee audits provide clarity, consistency, and peace of mind.
That’s why SMSF Audit Link offers fixed SMSF audit fees for every engagement. Whether your fund is simple or complex, you’ll know the cost upfront.
Online SMSF Audits – Saving Time and Money
Technology has made online SMSF audits faster, safer, and more efficient. By connecting directly with SMSF administration platforms such as BGL, Class, and SuperMate®, we can securely access fund data, review documents, and complete audits without delays.
For accountants and administrators across Australia, this means less paperwork, lower costs, and quicker turnaround times.
How SMSF Audit Link Delivers Value
Choosing an auditor isn’t just about cost — it’s about value. At SMSF Audit Link, we provide:
– Fixed, transparent SMSF audit fees
– Guaranteed 3–5 day turnaround once documents are complete
– A streamlined SMSF audit process with real-time tracking
– 100% independent audits, never outsourced or offshored
– Reviews by a senior, CPA-qualified, ASIC-approved SMSF auditor
This approach ensures compliance, efficiency, and confidence for accountants, advisers, and administrators.
Final Thoughts
An annual SMSF audit is not just a compliance obligation — it’s a safeguard to ensure the fund is being run properly. While SMSF audit fees vary depending on complexity, choosing a trusted, independent SMSF auditor is the key to both compliance and peace of mind.
At SMSF Audit Link, we make the process simple, transparent, and efficient, with fixed fees, quick turnaround, and full independence. Whether you need an SMSF audit in Sydney or a secure online SMSF audit anywhere in Australia, our experienced team is here to help.