Financial Statements
Preparation of your SMSF's annual financial statements and supporting accounting workpapers.
SMSF ACCOUNTING
Your SMSF, professionally taken care of.
Annual SMSF accounting, financial statements, tax return preparation and audit coordination — delivered through one experienced advisory team.
FIXED ANNUAL FEE
$1,950
+ GST
For a standard SMSF annual compliance engagement.
Additional or complex work quoted separately.
01
Chartered Accountants
02
Independent Audit Coordinated
03
Australia-wide
04
Secure & Confidential
SMSF COMPLIANCE
One annual engagement. Everything coordinated.
Managing an SMSF should not mean coordinating several different providers yourself. We prepare the fund accounts and annual return, coordinate the independent audit and manage the compliance process through to completion.
WHAT'S INCLUDED
Annual compliance, from start to finish.
SMSF Annual Return
Preparation and electronic lodgement of the fund's annual SMSF return with the Australian Taxation Office.
Audit Coordination
We coordinate the statutory independent SMSF audit and manage information requests through the process.
Compliance Review
Review of the fund's annual compliance position and identification of matters requiring attention before lodgement.
ATO Lodgement
Electronic lodgement and administration of the annual compliance process once the fund documents are approved.
Ongoing Support
Access to our accounting team for reasonable annual compliance questions relating to the engagement.
THE PROCESS
Simple by design.
01
Send us your fund information.
We confirm the information required and arrange secure collection of the fund's annual records.
02
We prepare the accounts.
Our team prepares the financial statements, tax return and supporting compliance workpapers.
03
Independent audit.
We coordinate the audit with an independent SMSF auditor and manage queries arising through the process.
04
Review, sign and lodge.
We provide the completed documents for approval and electronically lodge the SMSF annual return with the ATO.
ANNUAL FEE
Clear pricing. No ambiguity.
Our standard annual SMSF compliance engagement is priced upfront so you know the expected professional fee before the work begins.
STANDARD SMSF
$1,950
+ GST / ANNUALLY
INCLUDED
Annual financial statements
SMSF annual return
Independent audit coordination
Compliance review
ATO electronic lodgement
Reasonable annual compliance support
IMPORTANT DETAILS
What the fixed fee does — and doesn't — cover.
What is a standard SMSF engagement?
The standard fee is intended for an established SMSF requiring its ordinary annual financial statements, annual return and independent audit.
Before accepting the engagement, we review the fund's circumstances to confirm whether the standard scope is appropriate.
What may require an additional fee?
Additional work may include complex investments, incomplete records, significant transaction reconstruction, property transactions, pension commencements or changes, contribution issues, compliance breaches, prior-year corrections and specialist advice.
Where additional work is identified, we will generally discuss the scope and fee with you before proceeding.
Is the audit independent?
Yes. SMSF audits must be undertaken independently. We coordinate the audit process, but the auditor remains responsible for conducting the audit independently and forming their own conclusions.
Can you take over from another accountant?
Yes. We can assist with transferring the annual SMSF compliance engagement from your existing accountant, subject to professional clearance and receipt of the necessary records.
Do you work with SMSFs Australia-wide?
Yes. The annual accounting and compliance process can generally be managed electronically, allowing us to work with trustees throughout Australia.
A GOOD FIT
Designed for trustees who value clarity and professional oversight.
01
Existing SMSFs seeking a new accountant.
02
Business owners and private clients with established funds.
03
Trustees who want their accountant and auditor coordinated.
04
Clients seeking ongoing tax and advisory support beyond the fund.
GET STARTED
Ready to simplify your SMSF compliance?
Tell us a little about your fund and a member of our team will be in contact to confirm the scope and next steps.
PRATT PARTNERS
Start a conversation
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