Free SMSF audit software

Free SMSF audit software does exist. The full manual SMSF audit workflow in Cora is free, forever: a registered auditor can run a complete, standards-referenced SMSF audit from engagement to opinion at no cost, with no trial clock and no feature gate. You only pay if you choose Auto, the optional AI tier, and the first fund is free.

What free actually means here

Free means the audit itself is never paywalled. There is no card required to start, no countdown trial, and no core step locked behind an upgrade. Some tools give you a limited version and charge for the workflow that does the real work. Cora takes the opposite position: the workflow is the free part, and the only paid part is the automation you can choose to add.

What you get on the free tier

The free tier is the complete manual audit, not a preview of one. It covers the audit end to end:

• The full audit checklist, worked through step by step.
• Working papers and an evidence trail for each conclusion.
• Findings, and the queries you raise with the trustee or accountant.
• The audit reports and the opinion, referenced to the standards.
• A tamper-evident record of every state change.

An auditor who never touches the paid tier still has a genuine, standards-referenced tool for the whole job.

Where the paid Auto tier fits

Auto is for the part of the job that is pure grind: reading the documents. When you want relief from that, Auto reads the fund’s documents, classifies them, extracts the fields with confidence scores, advances the checklist, and drafts the findings and queries. It does about 95 percent of that reading and reconciling in under 10 minutes. You review the draft, correct anything that needs it, and sign off. Auto never signs off.

Auto is $29 per fund, the first fund is free, and a credit is pre-paid before each run so there is no bill waiting at sign-off. Volume pricing is $23.20 per fund. It sits inline in the same screens as the free workflow, so moving from manual to Auto is not a different app or a different context. It is the easier path sitting beside the manual one.

Who free SMSF audit software suits

The free tier suits any Australian SMSF auditor, from a solo practitioner to a firm of around 50 seats. That includes specialist auditor-only firms and accounting firms that run their SMSF audits in house. If your funds are straightforward and you have the hours, the free manual workflow may be all you ever need. If Q4 volume is the pressure point, the free workflow is still the base, and Auto is there to take the reading load off the peak.

The honest limits

The free part is the manual workflow. The document-reading automation is the paid part, by design, because that is the piece that carries real compute cost. Cora is also Australian-built and Australian-hosted, with the audit trail and data residency that Australian SMSF work requires. It is software for the auditor, not a registered auditor: the professional judgement and the signature stay with you.

The bottom line

If you have been told that usable SMSF audit software always costs money, that is no longer true for the workflow. The complete manual audit is free in Cora, forever. Pay only when you want Auto to read the documents for you, and even then, start with a fund on the house.

---

Pricing and features can change. Check the current details before you rely on them.