SMSF audit coordination, trust-account audit coordination and assurance-ready financial statement preparation.
TaxAssist Oxley doesn't sign audit opinions — that requires an independent registered company auditor — but we work alongside independent auditors to make the audit process smooth and cheap. We prepare audit-ready financial statements, reconcile every balance to source documents, assemble the audit-request-list evidence pack, respond to auditor queries and coordinate signoff.
Common audits we support in Oxley include: SMSF annual audit (compulsory for every self-managed super fund), solicitor and real-estate trust-account audit (required by state law), incorporated association audit (required for Tier 2 associations in Queensland), childcare centre operational audit (for CCS providers) and grant acquittal audits. We can also introduce clients to trusted independent audit firms we work with regularly.
For clients considering going through an audit for the first time — for example, to satisfy a lender or a prospective business purchaser — we can run an audit-readiness diagnostic first, so you know what will come up before it's on the record.
No — by law the SMSF auditor must be independent of the accountant. We coordinate the audit with an approved SMSF auditor and manage the process end-to-end.
SMSF audits typically $440–$660. Trust-account and grant-acquittal audits vary widely. We get quotes from two or three independent auditors before you commit.
Only if you're a Tier 2+ incorporated association, an SMSF, a trust-account holder, a large private company, or you've contracted for one (grants, franchises, buy-sell agreements). We'll tell you honestly if an audit isn't legally required.