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BGL and ASF Audits unveil audit workflow tool


A new integration means clients will have a direct channel to ASF audits through BGL’s software.

By Miranda Brownlee 9 minute read

Software firm BGL Corporate Solutions has announced a new integration with ASF audits that will enable clients to notify ASF Audits that a fund is ready for audit.

As ASF Audits progresses with the audit, real-time updates on the audit status are automatically reflected in Simple Fund 360. Final audit outcomes, including status, completion dates, qualifications, and crucial documents, such as the SMSF auditor's report and management letter, are automatically updated in Simple Fund 360, eliminating manual data entry and reducing errors and duplications, BGL said.

The SMSF annual return audit section is also automatically completed in Simple Fund 360, ensuring accuracy and compliance.

This collaboration comes just one month after BGL introduced a new Audit Management screen in Simple Fund 360, which allows clients to access a fund’s complete audit history – including audit documentation – revolutionising how audits are managed.

BGL chief executive officer Daniel Tramontana said the software firm is excited to strengthen its longstanding partnership with the ASF Audits team.

"This integration further streamlines the SMSF audit process in Simple Fund 360, providing significant efficiencies for BGL clients,” he stated.

It also expands on the existing 'Send to Audit' feature, where clients can submit an audit request from Simple Fund 360 directly to ASF Audits.

Jeevan Tokhi, head of product at BGL, said the integration with ASF Audits represents a milestone in its mission to provide cutting-edge, user-friendly solutions for SMSF administration.

“By automating and streamlining the audit workflow process, we save our clients valuable time, streamlining workflows and enhancing accuracy,” he said.

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Miranda Brownlee

Miranda Brownlee


Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.

Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.

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