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Showing 121 - 130 of 375 results for "Auditor"

ASIC moves against SMSF auditor misconduct

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... conditions on several others. The decisions follow concerns about SMSF auditors failing to meet requirements, including auditor independence standards, auditing standards, and minimum CPD hours. Most matters were referred to the corporate regulator by ...

Will financial advisers cease to exist?

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2019
More than half of all financial advisers believe the role they perform today will change substantially or cease to exist over the coming decade, according to research from the CFA Institute. With the necessary skillset to be a financial adviser evolving ...

AUSTRAC zeroes in on Afterpay

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... fintech's compliance with Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF) laws. AUSTRAC said an external auditor will examine Afterpay's governance and the oversight of decisions related to its AML/CTF framework. The examination will ...

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... admonished for using non-official email accounts to conduct business with political and commercial sensitivities. The Auditor General said some of the Northern Australia Infrastructure Facility (NAIF) board members used non-official email accounts to ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... interests of members; if they fail to meet liabilities; or face material financial deterioration. It can also remove an auditor or an actuary and address certain financial risks. Deputy chair Helen Rowell said APRA could only previously direct a trustee ...

SMSFA recognises member achievements

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... Neale's Jace Pedonese was also recognised for his excellent exam results, after taking top spot in the SMSF specialist auditor exam. In his closing speech, SMSFA vice chairman Robin Bowerman reiterated the thoughts of panellists earlier in the week ...

Industry fund appoints chair

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... George Fishlock who announced his retirement in September after leading the board since 2003. Firkins has worked as an auditor and been involved with the aviation industry. He has an understanding of complex compliance and risk management systems, is ...

ASIC cans advice business AFSL

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
... understood their obligations to act in the clients' best interests. Evermore did not lodge annual financial statements and auditor's reports, nor did it meet obligations for it to maintain base-level financial requirements, ASIC said. The cancellation ...

Super fund apologises for admin error

KARREN VERGARA  |  MONDAY, 19 NOV 2018
... that this type of administrative error does not occur again in the future," Pennisi said Pennisi added an independent auditor has been hired to confirm if "we have appropriately addressed the underlying isolated issues." Once the super fund for Queensland ...

More SMSF auditors disqualified

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
On top of reporting statistics about its SMSF auditor action this week, ASIC has disqualified a further two auditors. John Gilliland and Douglas Coghlan, both from Queensland, have been disqualified for breaching independence requirements. ASIC found ...