We can prepare either special purpose or general purpose financial statements for superannuation funds. Your own internal and external legal requirements will stipulate whether special purpose or general purpose financial statements should be prepared for your superannuation fund. Special purpose financial statements are normally considered acceptable to SMSF’s as SMSFs are usually non-reporting entities on the basis of their size, nature, number of users and the requirement that all members be trustees of the Fund.
The financial statements we prepare fully comply with the Superannuation Industry (Supervision) Act and the requirements of the Australian Taxation Office. Due to the high volume of SMSF clients we pride ourselves on being able to produce these promptly and efficiently.