Changes in statutory and legislative requirements may arise throughout the year. Although these sample accounts are correct at the time of printing, it is important to review and add to or alter accounts to meet any change in requirements.

This section provides an overview of the financial reports included in the MYOB Masters for defined contributions superannuation funds, both reporting and non-reporting. It is recommended that you review Producing financial reports for general information that applies to producing financial reports for all entity types.

Financial reports must be thoroughly checked after printing to ensure that correct and full disclosure has been made and that the wording in all reports is appropriate for the client's circumstances.

Where financial reports are to be prepared for the trustee of a superannuation fund, see Trustees’ declaration.

A set of financial reports #Superannuation has been provided for both reporting and non-reporting superannuation funds.

Included in this report are:

• Cover page and contents page (where the cover page is optional)

• Statement of financial position

• Operating statement

• Statement of cash flows (optional)

• Statement of significant accounting policies—Note 1

• Notes to the financial statements—Superannuation Fund

• Trustees’ declaration

• Audit report or compilation report

• Member information statement.