Your SMSF Audit Report,
Completed in 3-5 Days
A Simple, Transparent Process from Start to Finish
- 3-5 business days
- 15 minutes setup
- 100% Secure & Confidential
Seamless Integration & Data Upload
We make getting started effortless. You have two integration options:
Option A: Automated Software Integration
(Recommended) Connect directly through:
- BGL 360 – One-click API connection
- Class Super – Real-time data sync
- SuperMate® – Automated export
Once connected, fund data flows securely to our audit dashboard automatically. No manual uploads. No data entry errors. No delays.
Option B: Manual Document Upload
Don’t use integrated software? No problem. Simply upload your documents through our secure client portal in under 15 minutes.
What Happens Behind The Scenes:
- Our system performs an instant data completeness check
- You receive an automated confirmation email with your audit reference number
- Your dedicated audit manager is assigned immediately
- Any missing documents are flagged instantly (so you know upfront)
You’ll Need
1. Financial Records
- Trial balance from your accounting software
- Financial statements (P&L and Balance Sheet)
- Bank statements for all fund accounts
- Investment statements (shares, property, etc.)
You’ll Need
2. Compliance Documents
- Current trust deed
- Investment strategy (dated within last year)
- Trustee meeting minutes
- Member statements
You’ll Need
3. Supporting Documents
- Evidence of pension payments (if applicable)
- Related party transaction documentation
- Property valuations (if holding real estate)
- Contribution records
Real-Time Access Through Your Secure Dashboard
The moment your audit begins, you gain 24/7 access to our secure client dashboard—your central hub for tracking progress and communicating with auditors.
Dashboard Features:
Live Audit Progress Tracker
See exactly where your audit stands:
- Documents Received
- Initial Review In Progress
- Audit Testing Underway
- Senior Review
- Complete – Report Ready
Document Management Center
- Upload additional documents if requested
- Download working papers
- View historical audits
- Access archived reports from previous years
Direct Auditor Communication
- Real-time query system (no email back-and-forth)
- Attach supporting documents to responses
- Receive instant notifications of any questions
- Track all communication history
Smart Notifications
You’ll receive automated alerts when:
- Your audit advances to the next stage
- The auditor has a question requiring your attention
- Additional documentation is needed
- Your final report is ready for download
Fund Compliance Dashboard
- Current compliance status overview
- Historical trend analysis
- Upcoming deadline reminders
- Regulatory update alerts
Transparency
You Can Trust:
Unlike traditional auditors who go dark for days, you’ll always know:
- Who is working on your audit right now
- What stage they’re at
- If anything is holding up progress
- Exactly when to expect completion
Response Time Guarantee
Auditor Queries: Answered within 4 business hours
Your Questions: Responded to within 2 business hours
Technical Support: Available by phone during business hours
Expert Review by Senior CPA-Qualified Auditors
Your audit isn’t complete until TWO experienced auditors have reviewed it.
Option A: Automated Software Integration
Tier 1: Primary Audit (Days 1-2)
Your fund is assigned to an ASIC-registered SMSF auditor who:
Examines Financial Accuracy:
- Reconciles all bank accounts and investments
- Verifies contribution and pension payments
- Reviews related party transactions
- Tests investment valuations
- Confirms member account balances
Assesses Compliance:
- SIS Act and trust deed adherence
- Investment strategy compliance
- In-house asset rules (< 5% limit)
- Sole purpose test
- Arm’s length transaction rules
- Contribution cap limits
- Pension payment requirements
Tier 2: Senior Review (Days 4-5)
Every single audit receives a mandatory senior review by:
Sarfraz Aslam, CPA
Principal Auditor | ASIC SAN: [Number]
30+ Years SMSF Experience
This isn’t a rubber-stamp process. Sarfraz personally:
- Reviews all working papers
- Verifies audit conclusions
- Confirms independence standards
- Signs off on the final report
Identifies Issues Early: If anything needs attention, we contact you immediately—not at the end of the audit. This proactive approach prevents last-minute surprises and allows time for rectification.
This dual-review process is your quality guarantee.
What Happens If Issues Are Found:
Minor/Rectifiable Breaches:
- We notify you immediately with clear explanation
- Provide step-by-step rectification guidance
- Work with you to document the correction
- No additional fees for consultation
Material Breaches (ACR Required):
- Same-day phone call to discuss implications
- Detailed written explanation of the breach
- Options for addressing the issue
- Preparation and lodgement of Audit Contravention Report with ATO
- ACR fee: $100 (only if required)
We’re not here to “catch you out”—we’re here to protect your clients and your practice. When issues arise, we help you fix them.
Our Philosophy
Instant Access to Your Final Audit Report
What You Receive:
1. Independent Auditor's Report
Your official ASIC-approved audit report includes:
- Audit opinion (unqualified/qualified)
- Scope of audit performed
- Auditor’s responsibility statement
- Financial statement compliance confirmation
- ASIC registration details
- Digital signature and audit date
2. Management Letter
(if applicable) A detailed letter highlighting:
- Issues identified during the audit
- Recommendations for improvement
- Compliance considerations
- Suggestions for better fund management
- Action items for next year
3. Working Papers Package
Complete audit documentation including:
- Testing schedules
- Reconciliations performed
- Evidence reviewed
- Supporting documentation
4. Audit Contravention Report (ACR)
(when required) If material breaches were identified:
- Prepared ACR ready for ATO lodgement
- Detailed breach explanation
- Rectification recommendations
- Copy lodged with ATO on your behalf
Delivery Method:
Instant Digital Access:
- Download directly from your secure dashboard
- PDF format – ready for client distribution
- Email notification when reports are ready
- No waiting for postal delivery
Record Retention:
- All reports stored indefinitely in your dashboard
- Access historical audits anytime
- Perfect for ATO reviews or trustee inquiries
What Happens Next:
Your Responsibilities:
- Review the audit report and management letter
- Provide a copy to the SMSF trustees
- Include the audit report when lodging the fund’s annual return
- Address any recommendations in the management letter
Our Ongoing Support:
📞 Post-audit consultation included (no charge)
📧 Answer any trustee questions about the report
🔄 Assist with implementing recommendations
📅 Set reminders for next year’s audit
Frequestly Asked Questions
Common Questions About Our Audit Process
What if I don't have all the documents ready?
No problem. Our system will identify exactly which documents are missing and flag them immediately. You can upload additional documents at any time through your dashboard. However, the 3-5 day turnaround clock only starts once we have complete documentation.
Pro Tip: Upload what you have now, and we’ll begin preliminary work while you gather the remaining items.
Can I start the audit before the financial year is finalized?
Yes, we can begin preliminary work as soon as your accountant has prepared draft financials. This allows us to identify potential issues early and fast-track the final audit once everything is finalized.
What happens if I need to make changes after the audit starts?
If you discover an error in the financial statements or supporting documents after we’ve begun:
- Contact your audit manager immediately via the dashboard
- Upload the corrected documents
- We’ll adjust our testing accordingly
Small changes (e.g., minor adjustments) typically don’t delay completion.
Significant changes (e.g., revised financials) may extend the turnaround by 1-2 days.
Will you contact my clients (the SMSF trustees) directly?
Never. We work exclusively with accountants and financial advisers—not with SMSF trustees. This ensures:
- ✅ Complete independence
- ✅ No confusion about who’s managing the fund
- ✅ All communication flows through your practice
- ✅ You maintain control of the client relationship
How secure is the data transfer process?
Bank-Level Security:
- 🔒 256-bit SSL encryption
- 🔒 Australian-hosted servers (data never leaves Australia)
- 🔒 Multi-factor authentication
- 🔒 Regular third-party security audits
- 🔒 GDPR and Privacy Act compliant
We’ve processed 6,400+ audits with zero security breaches since 2010.
What if I have a question during the audit?
You have multiple ways to reach us:
Dashboard Messaging: Instant communication with your audit manager (4-hour response guarantee)
Phone: 02 9037 1138 (Monday-Friday, 8:30am-5:30pm)
Email: office@smsfauditlink.com.au (2-hour response time)
Technical or urgent queries? Your audit manager’s direct phone number is provided in your welcome email.
Can I get a rush audit completed in 48 hours?
Yes. For urgent deadlines, we offer expedited service:
- 48-Hour Rush Service: Add $100 to standard fee
- Same-Day Service: By arrangement only (contact us directly)
Requirements:
- All documents must be upload-ready
- Fund cannot be overly complex
- Rush request submitted before 10am on business day
Note: 95% of our standard audits are completed in 3-4 days, so rush service is rarely needed.
What happens after I receive the audit report?
Immediate Next Steps:
- Review the report and management letter with your team
- Provide the audit report to the SMSF trustees
- Lodge the fund’s annual return with the ATO (include audit report)
- Implement any recommendations from the management letter
Ongoing Support:
- Post-audit consultation included at no charge
- We’ll answer trustee questions about the report
- Help implementing compliance recommendations
- Set reminders for next year’s audit deadline
Your audit dashboard remains accessible indefinitely for reference and historical reporting.
Software Integration Made Simple
Certified Partners:
BGL 360
- Connection Method: Direct APIS
- Setup Time: 2 minutes
- Data Sync: Real-time
Class Supper
- Connection Method: Secure portal link
- Setup Time: 5 minutes
- Data Sync: One-click export
- Features: Complete fund data package
SuperMate®
- Connection Method: Automated export
- Setup Time: 3 minutes
- Data Sync: Instant
- Features: Financial statements, member data, compliance docs
Cloud9 SMSF
- Connection Method: Secure file transfer
- Setup Time: 5 minutes
- Data Sync: Upload once
What Accountants
Say About Our Process
How Our Process Compares
| Feature | SMSF Audit Link | Typical SMSF Auditor | Big National Firms |
|---|---|---|---|
| Software Integration | ✅ 4 platforms + manual | ⚠️ Manual upload only | ✅ Integration available |
| Real-Time Dashboard | ✅ 24/7 access | ❌ Email updates only | ⚠️ Limited access |
| Senior Review | ✅ 100% of audits | ⚠️ Random sampling | ✅ On complex audits |
| Local Team | ✅ All Sydney-based | ⚠️ Often outsourced | ❌ Offshore teams |
| Turnaround | ✅ 3–5 days | ⚠️ 5–10 days | ✅ 3–7 days |
| Query Response | ✅ 4-hour guarantee | ❌ 24–48 hours | ⚠️ Next business day |
| Transparent Pricing | ✅ $440 fixed | ⚠️ Quote required | ❌ Hourly billing |
| Direct Phone Support | ✅ Included | ⚠️ Email only | ❌ Ticketing system |
| Post-Audit Support | ✅ Unlimited | ❌ Not included | ⚠️ Billable |