SMSF Audit letter and workpaper templates

SMSF Audit letter and workpaper templates

With 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.

Note: The CaseWare SMSF Audit template also contains an Engagement letter, a Trustees Rep Letter and the Audit Report.

Letter templates:

  • Engagement Letter
  • Trustee Representation Letter
  • Consent to Act as Trustee Letter
  • Consent to Act as Director of Corporate Trustee
For a copy of the ATO's current Audit Report template, refer here.

Template workpapers:

  • Pre-audit checklist - new fund audit
  • Pre-audit checklist - existing fund audit
  • Trustee Questionnaire
  • Analysis of threats to Independence - Examples
  • Bank Confirmation Request

    • Related Articles

    • How to use the SE Letter documents (e.g. 1-130 Engagement Letter)?

      What is a SE Letter document?The SE Letter workpaper is a type of document which allows you to create things like, Engagement Letters (e.g. 1-130), Audit Report (e.g. ) or Management Letters. The Letter provides a basic level of formatting and due to ...

    • 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

      31 August 2023 - SMSF Audit 2023 Template Update: Fixed an issue with the BGL import - the mapping number settings have been adjusted so accounts can now be mapped to the top level mapping for Fund members’ equity Features: Fixed the date settings in ...

    • 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 25.00 - October 2023 The Audit System October 2023 (version 25.00) is a minor update. For information on specific workpapers review Audit System document and procedure updates. Any engagement file that has not yet been updated to Audit ...