ASIC outlines strict requirements for becoming an SMSF auditor -. This includes having Australian residency, passing competency testing, and holding all relevant qualifications and practical experience.
There are also criminal and bankruptcy checks stretching back 10 years and with global reach, payment of fees and an online submission process through ASIC’s portal.
With so much value built into Australia’s self-managed super funds, it’s critical that only the best and brightest are approved to ensure their compliance and success. The registration system for SMSF auditing is rigorous, but it is the reason our audits are so successful.