On 23 June 2012 the Australian Government announced the details of the self managed superannuation funds (SMSF) auditor registration requirements.
From 31 January 2013, auditors of SMSFs will be able to apply for registration with the Australian Securities and Investments Commission (ASIC). All auditors must then be registered with ASIC by 1 July 2013 to continue auditing SMSFs after this time.
Auditors will be subject to a $100 registration fee and a $50 fee when submitting their annual statement to confirm details of their registration.
For more information visit Treasury website here
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