Financial Services Archive

Top 10 SMSF Compliance Tips

Compliance is a vital part of running any SMSF.

Here are some of my top tips to ensure you reduce your risks.

  1. Record – keeping – Make sure you keep proper records...

The SMSF Permanent File – What to Include

Interestingly, some SMSFs have good and detailed annual accounting records, but their Permanent File is almost non-existent or quite often incomplete.  Then it becomes necessary to track down what...

To Audit or Not, That Is the Question: Making Audit Profitable

Some firms have anguished and resolved this issue.  I suspect in days gone by, most accounting firms did some audit.  Now, many small to medium firms don’t.  Why?

I recall...

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