[Awan Hammad]

Hi Dawood

Re ASIC refer attached link for examples of auditors being disqualified. My view is that there would have to be other issues for ASIC to disqualify an auditor other than an audit engagement letter being signed after the audit commences.

Yes the engagement letter should preferably be signed by the auditor & the trustee prior to the audit being commenced. I understand that does not always happen in practice.

It would be great to get other forum members views re this query and any experience with ASIC re this issue.

https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-328mr-asic-acts-against-six-smsf-auditors/

Thanks

SMSF AAA