Audit My Fund http://auditmyfund.com.au Self Managed Superannuation Fund (SMSF) Audits Australia wide Wed, 15 Feb 2012 06:21:13 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Paperless audits? http://auditmyfund.com.au/2011/12/paperless-audits/ http://auditmyfund.com.au/2011/12/paperless-audits/#comments Tue, 06 Dec 2011 23:20:24 +0000 bernadette http://amf.urqs.net/?p=142 Do you want to scan and email, scan and send a disk of the information required for the audit.

We can assist in these functions even if you have never delved into the ‘paperless’ world before.

]]> http://auditmyfund.com.au/2011/12/paperless-audits/feed/ 0 Why do we need to do a bank confirmation? http://auditmyfund.com.au/2011/12/why-do-we-need-to-do-a-bank-confirmation/ http://auditmyfund.com.au/2011/12/why-do-we-need-to-do-a-bank-confirmation/#comments Tue, 06 Dec 2011 22:41:35 +0000 bernadette http://amf.urqs.net/?p=118 Continue reading →]]> Trustees often do not understand why the auditor asks for a bank confirmation. The auditor must follow auditing guidelines and meet auditing standards. They must also comply with superannuation legislation.

The auditor can place greater reliance on evidence obtained directly from a third party  according to auditing guidelines.

]]> http://auditmyfund.com.au/2011/12/why-do-we-need-to-do-a-bank-confirmation/feed/ 0 Are you undertaking the accounting and audit functions http://auditmyfund.com.au/2011/09/are-you-undertaking-the-accounting-and-audit-functions/ http://auditmyfund.com.au/2011/09/are-you-undertaking-the-accounting-and-audit-functions/#comments Tue, 27 Sep 2011 04:34:23 +0000 bernadette http://amf.urqs.net/?p=97 Continue reading →]]> If you are undertaking the accounting and audit functions for your Self Managed Superannuation Funds, now is the time to think about the independence issue.  Mention was made in the Cooper Review that it is not possible to have both these functions performed within the same firm.

]]> http://auditmyfund.com.au/2011/09/are-you-undertaking-the-accounting-and-audit-functions/feed/ 0 Are your Super Fund Deeds up to date http://auditmyfund.com.au/2011/09/are-your-super-fund-deeds-up-to-date/ http://auditmyfund.com.au/2011/09/are-your-super-fund-deeds-up-to-date/#comments Sun, 25 Sep 2011 01:13:09 +0000 bernadette http://amf.urqs.net/?p=75 Continue reading →]]> One of the most common problems we identify in the course of an SMSF audit is that the deed is not up to date.

That could mean also that the deed is not signed, dated or does not meet current superannuation legislation.

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