SMSF Audit letter and workpaper templates
the assistance of our SMSF Audit content provider, we have developed the
following letter and work papers templates for SMSF auditors to use - all are
attached at the bottom of this FAQ.
These template letters and work papers can be tailored by auditors to suit the
firm and/or the engagement, as required.
The CaseWare SMSF Audit template also contains an Engagement letter, a Trustees
Rep Letter and the Audit Report.
- Consent to
Act as Trustee Letter
- Consent to
Act as Director of Corporate Trustee
a copy of the ATO's current Audit Report template, refer here.
checklist - new fund audit
checklist - existing fund audit
- Analysis of
threats to Independence - Examples
What is preserved in a firm’s SMSF Audit template after an update?
Previously, any firm customisations made in the SMSF Audit template were lost during the SMSF Update. This meant that Firm Authors would need to redo their content each release. In SMSF Audit 2022 Release (1 July 2022), the template now carries ...
What's New in SMSF Audit
1 July 2022 - SMSF Audit 2022 Release Content: Minor content corrections within workpapers; 110, 120, 400 and 600. Features: New enhancement to carry forward firm setting customisations into the new SMSF Audit template. For all firms who customise ...
CaseWare SMSF Audit Performance
As CaseWare SMSF Audit is a web-based tool, speed and performance can be affected by a number of different factors. Whilst we can’t assist with factors like internet speed or slow hardware, we can make the following recommendations to help with ...
What's New - Audit System
Audit System 23 The Audit System October 2021 (version 23.00) update is mostly a functionality update and does not include any changes to the existing workpapers. However, one inclusion with the new template is the CWANZ Risk Library. CWANZ Risk ...
Firm Settings Fact Sheet
Firm Settings is a functionality in SMSF Audit that allows firms to customise the template to suit their own internal workflows and processes. Note: It is important to note though that only 1 firm template can be created in SMSF Audit, so we ...