SMSFs
SMSF Trustee Compliance Obligations
A general overview of the governance, records and annual work that SMSF trustees need to manage.
Why this matters
Trustees are responsible for ensuring the fund is run for its permitted purpose and that its activities can be supported by records. Good governance makes it easier to demonstrate how decisions were made and how the fund was administered.
What to organise
Keep trustee minutes, investment strategy records, financial information, transaction evidence and documents for member benefits in an orderly system. Allow time for annual accounts, audit and reporting work.
When to seek tailored support
Ask an SMSF professional what records are expected for your fund's activities and who is responsible for each annual task. Clarify how and when issues should be raised before transactions are completed.
From information to a specific brief
If you are ready to discuss your situation, review SMSF accountant introductions in Sydney. It explains the referral pathway and what to prepare.
Want to speak with an independent professional?
Share a clear brief and we may introduce you to an independent accounting professional whose stated experience appears relevant. You decide whether their registration, scope and suitability are right for you.
Request an introduction