
Managing your own super fund isn’t a simple, regular thing. It’s not just about doing a few tax returns or setting up a fancy account. It’s about following strict rules. It’s about lodging the right report. It’s about keeping the ATO happy.
That’s why you can’t just hand it over to your regular accountant and hope for the best. Unless of course they have had serious, deep training in SMSF accounting. If this is not the case, they will be depending on guesswork, and you will be risking everything you have saved.
Running an SMSF needs a special kind of accountant. One who knows superannuation law backwards. One who lives inside the SIS Act, and the one who understands how a wrong entry can cost you thousands.
Becoming an SMSF accountant isn’t just about doing a course or ticking a box. First, they need a full degree in Accounting, Finance, or Commerce. Then they require a professional membership, something like CPA, CA or IPA. Even after that, they need to go through SMSF- specific training.
So, no general text knowledge, and no I have done a few returns. They must have the actual, specialized training in how SMSFs work, how pension phases operate, how contributions are capped, and how reporting to the ATO must be stitched together without a single gap.
Can your personal accountant help with SMSF accounting?
Maybe. If they have completed all the right SMSF training. If they have handled SMSF lodgements, audits, and compliance before. If they know how to prepare detailed fund financials and not just business profit loss statements.
But be honest, how many personal accountants do you know who breathe SMSF accounting everyday? Not many. And when your retirement savings are on the line, you don’t want to find out the hard way.
Why it matters to work with an SMSF accountant?
An SMSF accountant doesn’t need to look up rules. They already know them. They know the difference between an accumulation account and a pension phase. They know how to avoid excess taxes. They know how to make your audit go through smoothly, without red flags and last-minute panic.
A personal accountant might be brilliant at business returns. But SMSF?
That’s a different world. In the world of SMSF, mistakes are expensive.
Don’t gamble with your fund. Don’t gamble with your future. At Quick SMSF Accountants, we only do SMSFs. That’s it. We charge a flat fee: AU$ 990 per year. No hidden charges. No stress.
Want your SMSF run the right way, from day one Want your SMSF run the right way, from day one? Lets make it happen.
Talk to Quick SMSF Accountants today.
SMSF Accountant
- What is an SMSF Accountant?
- How to become an SMSF accountant?
- How much do SMSF accountants charge?
- Do SMSF accountants also lodge tax returns?
- Does the SMSF accountant have to be different from the SMSF audit?
- What software applications do SMSF accountants work with?
- Can my personal accountant act as my SMSF accountant?
- Benefits of using an onshore SMSF accountant?
- What advice can an SMSF accountant provide?
- What is the importance of an SMSF accountant?
- What Does an SMSF Accountant Do?