The ATO is reminding trustees of self-managed super funds (‘SMSFs’) that they need to appoint an approved SMSF auditor no later than 45 days before the lodgment of their fund’s SMSF annual return (for example, for the 2022 income year).
In particular, the ATO says:
“Don’t risk approaching an auditor the day before you need to lodge as it will result in an overdue lodgment.
Approved SMSF auditors are an important part of your lodgment and reporting obligations.
They review your fund’s financial statements and make sure you’re complying with super law.”
Importantly, an audit is required even if no contributions or payments were made to or from the SMSF in the financial year.