| dc.description.abstract | This report is based on “Process of Auditing for Self-Managed Superannuation Fund: A
study on”. I am working as an audit associate in 1superfund.1superfund is a Australia-based
advisory firm company, so its head office is located at Sydney, Australia. My internship at
1Superfund provided invaluable experience in auditing Self-Managed Superannuation Funds
(SMSFs). I conducted financial statement analysis, reviewed supporting documentation,
assessed regulatory compliance, and identified areas for improvement. Key findings
included a healthy financial position, compli-ance with regulations, and potential risks related
to investment concentration. I gained valuable skills in auditing techniques, SMSF
knowledge, financial analysis, and risk assessment. This internship has equipped me for
future roles in the financial services industry.
The first chapter of this report consists of an introductory part of this report, the second chapter
includes an overview of 1Superfund where I am currently working as Audit Associate. The
third chapter is the General definition, purpose & process of self-managed super fund, the
fourth chapter is Auditing process deep look with a XYZ super funds data, the fifth chapter
is Findings (positives & negatives), the sixth chapter is Recommendations, and in the seventh
Conclusion.
To understand the whole process, data collection was made through interviews with Colleagues,
Annual reports, the Company website, my last few years’ practical experiences with 1Super
fund, and learning the standards from books and a few websites.
The company (1Superfund) should focus on diversification of its work ground. They are known
to be specialized in SMSF audit. There is a big market for Tax return, bookkeeping, compli
ance. Though doing audit remotely is new to Bangladesh. They sometimes struggle to get
sufficient Associates. Those who love to take challenges are getting interested in 1Supewrfund.
If you are not a tech lover or quick learner, you might struggle a lot. | en_US |
