Clearing SMSF Backlogs for a Mid-Sized Accounting Firm

Client Profile:
A respected mid-sized accounting practice with hundreds of SMSF clients. Known for detailed workpapers and audit-ready files, the firm faced growing seasonal pressure around SMSF reporting. Their internal team was skilled but overstretched, with experienced SMSF preparers in short supply.

Challenge:
Recurring delays in preparing SMSF annuals due to volume overload. Internal teams juggled compliance prep with review and advisory, creating bottlenecks. Local hiring was slow and expensive, impacting audit readiness and risking late lodgements across batches.

BlueCrest Solution:
BlueCrest deployed a dedicated SMSF preparation team offshore, fully trained in the firm’s templates, standards, and audit flow. We processed batches of 60+ SMSF funds, handling financials, tax returns, and audit documentation.

Result & Impact:

• Cut batch turnaround times by ~40%
• Cleared backlogs across busy reporting months
• Strengthened compliance consistency across files
• Enabled partners to refocus on client strategy and review
• Improved readiness for audit and lodgement