consult@panaceawfs.com

Kochi, India · Serving Oman, UAE, Australia & India

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Panacea WFS prepares SMSF accounts and audit-ready workpapers for Australian accounting practices and fund trustees. We reconcile every investment and contribution, prepare the annual financial statements and member statements, and package the file so the independent auditor has what they need the first time.

What we prepare

  • Annual SMSF financial statements and member statements
  • Bank, share, managed fund and property reconciliations
  • Contribution tracking by member and type, with cap monitoring flags
  • Pension payment and minimum drawdown checks
  • Tax workpapers supporting the SMSF annual return
  • Audit-ready workpaper packs with source documents indexed

Ready for the audit

Every SMSF must be audited each year by an independent approved SMSF auditor before its annual return is lodged. We don’t carry out the audit. We prepare a complete, indexed file that answers the auditor’s standard requests, which shortens the back-and-forth for your practice and the trustees.

For practices with an SMSF book

SMSF work is seasonal and detail-heavy. Practices use us to clear year-end volumes through dedicated staff, project work or white-label support. See how we work with accounting firms.

For trustees and NRI investors

Our Complete SMSF Guide for Australian Trustees and NRI Investors (2026–27) explains setup, running costs, caps and thresholds in plain language.

Questions Australian clients ask

Do you audit SMSFs?

No. We prepare the annual accounts and audit-ready workpapers. The audit itself must be carried out by an independent approved SMSF auditor, and that independence matters.

Can you work in our SMSF software?

Yes. We work inside the administration platform your practice already uses, with the access you provide, and we will train on it where needed.

Do you support SMSF trustees living outside Australia?

We support Indian diaspora (NRI) investors with fund accounting and records. Residency rules can affect an SMSF’s status, so read our SMSF guide and confirm your position with your Australian adviser.

Start with a free consultation. Email consult@panaceawfs.com with a short note on your volumes and systems, and a senior advisor will come back to you with the right engagement model and a fixed or hourly quote.