FAQs Why use an independent SMSF auditor? Partnering with an experienced SMSF audit firm provides you with the confidence and peace of mind that your clients are receiving timely and expert SMSF audit services. SMSF auditors must be registered with the Australian Securities and Investments Commission under rigorous requirements set by the Australian Taxation Office.Partnering with an independent auditor means you can avoid an arduous registration process – which includes formal qualifications, examinations, 300 hours of direct experience and expensive public liability insurance. Once registered, there are also ongoing professional obligations to maintain.You can avoid all of this by engaging an independent auditor.Engaging an independent auditor will also ensure your compliance with APES 110 Professional Independence under the Code of Ethics for Professional Accountants. The Australian Taxation Office is focused on SMSF auditor independence – where the SMSF auditor does not also provide services to the super fund as a tax agent, accountant or financial advisor. You can avoid conflicts … Continue reading FAQs