SuperEasy Trustee Representation Letter Page 2 of 3
Copyright © SuperEasy Pty Ltd ABN 48 092 141 083
documents where circumstances warrant it).
5. I/We are currently maintaining all accounting records for a period of five years and all
members’ statements and statutory records for a period of ten years.
6. I/We are currently maintaining for a period of ten years from the date of signing, any trustee
declarations required after 30 June 2007 in accordance with section 104A of SISA.
7. I/We are currently maintaining for a period of ten years from the date of signing, any written
records documenting the reasons for the decisions on where to store the collectables and personal
use assets as required by regulation 13.18AA of SISR.
8. There have been no communications from any government department or other authority
concerning non-compliance with, or deficiencies in, financial reporting practices that could have a
material effect on the financial statements.
9. There have been no violations or possible violations of laws or regulations, except as made known
to you, whose effects should be considered for disclosure in the financial statements or to the
Australian Taxation Office.
10. We have notified the Australian Taxation Office within 28 days of any changes in:
a. trustees, directors of the corporate trustee or members of the Fund
b. Fund name or details of contact person, or
c. postal address, registered address or address for service of notices for the Fund.
11. There have been no material contingencies that should have been accrued or otherwise disclosed
that have not been brought to the attention of the auditor.
12. I/We have no plans or intentions that may materially affect the carrying value or classification
of assets and liabilities of the Fund.
13. All assets of the Fund actually exist and the Fund has satisfactory title to all such assets. Except as
disclosed in the financial statements, there are no mortgages or encumbrances on such assets nor has
any asset been pledged to secure liabilities of the Fund or others.
14. No charge over, or in relation to, a member’s benefit has been recognised, encouraged or
sanctioned by the Trustee/s.
15. The investment strategy has been determined with due regard to risk, return, liquidity and diversity
and the assets of the Fund are in line with this strategy.
16. All matters that may result in legal action against the Trustee/s in respect of the Fund, or the Fund
itself, have been discussed with a solicitor and brought to the attention of the auditor so that a
solicitor's representation letter may be obtained.
17. No events have occurred subsequent to the date of the financial statements that would
require adjustment to, or disclosure in, the financial statements.
18. In connection with your audit we have submitted to you minutes covering all meetings of
