local business stories

Simply SMSF Audits

 

Simply SMSF Audits is a home-based superannuation audit business founded by Mark Baghdassarian in 2019 after identifying a gap in service quality and support within an increasingly complex regulatory environment. What began as a small operation has grown into a privately owned company dedicated to delivering high-quality Self-Managed Super Fund (SMSF) audits to professionals across Australia. 

Since its launch, Simply SMSF Audits has earned the trust of SMSF specialist accountants and professionals nationwide by providing reliable, efficient and accurate audit services. Based in the City of Casey and operating entirely online, the business uses modern technology to streamline workflows, reduce turnaround times and deliver a seamless experience for clients across the country. By combining industry expertise with a client-first approach, Simply SMSF Audits helps make SMSF compliance straightforward and stress-free.

The foundations of the business were shaped during a period of significant technological and regulatory change. As demand for digital services increased and Australia's National Broadband Network (NBN) expanded access to reliable high-speed internet, opportunities emerged to modernise the traditional SMSF audit process. At the time, many businesses still relied heavily on printed reports and manual systems, making the shift to digital auditing both a challenge and an opportunity.

At the same time, the introduction of the Australian Securities and Investments Commission's (ASIC) SMSF auditor licensing requirements, along with increased oversight from the Australian Taxation Office (ATO), created new compliance obligations for SMSF auditors. In simple terms, auditors were required to meet stricter professional standards and demonstrate greater accountability in how audits were conducted and documented. As the industry adapted to these changes and SMSF accountants became increasingly comfortable with online services, Simply SMSF Audits was well positioned to deliver efficient, fully online audit solutions to clients across Australia. 

Today, the business leverages technology across all aspects of its operations. Clients benefit from an easy four-step SMSF audit process, an average three-day turnaround time, secure handling of sensitive client information, and competitively priced services backed by numerous five-star reviews.

In addition to providing SMSF audit services, Simply SMSF Audits regularly publishes articles and resources to support SMSF professional accountants and help them stay informed about industry developments. By combining technology, efficiency and expertise, the business continues to strengthen the superannuation sector while delivering exceptional service to clients nationwide.