Updated 31 August 2026
Annual financial statements and the fund's tax return, member statements, pension establishment and minimum drawdown tracking, contribution cap monitoring, audit liaison, and the trustee minutes and investment strategy reviews that auditors actually read. Funds are administered on Class, so data feeds do the bookkeeping and trustees see the fund position through the year, not fourteen months later.
The SMSF work is led by Mike Wilczynski, Chartered Accountant, registered tax agent and Certified Property Valuer certified by the Australian Valuers Institute, with a dedicated administration team behind each fund. Typical annual engagements run $1,700 to $4,000 depending on the fund's assets and activity, priced in writing before the year starts. The first conversation is free.
If you are outside South Australia, our national SMSF accounting service covers the same work for trustees anywhere in Australia.
Every fund must report assets at market value, and regulation 8.02B requires objective and supportable evidence behind that value every single year. A lone real estate agent appraisal or a rolled-forward valuation is where auditors push back, and property-heavy Adelaide funds feel it most.
Through our related valuation practice, SMSF Property Valuations, funds get desktop valuation reports prepared for audit: $245 residential and $550 commercial, built from comparable sales and rental evidence rather than a favour from an agent. Retrospective reports are available where a past year was missed. It is the difference between an audit query and an audit sign-off.
Business real property leased to a member's business is the classic Adelaide fund asset. The auditor needs both a defensible market value and evidence the rent is at market. We prepare both sides so the arrangement stands up.
Limited recourse borrowing arrangements add a bare trust, a lender's conditions and stricter valuation expectations. We run the accounting and compliance side and our lending arm handles the finance itself: see SMSF lending. If a fund is weighing a property purchase, we model the liquidity and contribution position first, because the strategy has to support the loan, not the other way around.
One signed authority and we collect the prior accounts, the trust deed, member records and the Class or BGL data from the outgoing accountant. Most transfers complete within a month, and the first thing you receive is a short position note: lodgement status, any compliance loose ends, and the valuation evidence the next audit will need.
Tell us the fund's assets and where last year's audit dragged. We will map the year ahead and put the fee in writing.
Book a conversationOur annual engagements typically run $1,700 to $4,000 depending on assets, transactions and whether pensions are running. The fee is fixed in writing before the year starts. The independent audit fee is separate.
No, and no accountant preparing your fund should. The audit must be independent. We work with established independent SMSF auditors and manage the whole exchange for you.
The fund must report market value every year with objective and supportable evidence behind it. A formal report is not always mandatory, but after significant market movement, for related party arrangements, or where the auditor requests it, a desktop valuation report is the clean answer.
Yes. Overdue funds are routine work: we rebuild the years, obtain retrospective valuations where needed, and manage the ATO on lodgement and penalty remission.
General information only, not financial product, tax or legal advice, and nothing here considers your objectives or personal circumstances. Fee ranges are indicative and confirmed in writing. Valuation services are provided by SMSF Valuation Reports Pty Ltd. Liability limited by a scheme approved under Professional Standards Legislation.
