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Showing 91 - 100 of 372 results for "Auditor"

Perth Mint to review audit processes

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... labour in its production of gold, according to the Australian Financial Review. The paper also alleged Perth Mint's auditor has never conducted an independent review of its suppliers. In a statement, Perth Mint chief executive Richard Hayes said ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... property development entity or venture, it is important to regularly check in with your SMSF professional advisor and your auditor to ensure that the investment stays on track and that there are no contraventions or regulatory concerns."

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
... 2019. The regulator said AFSLs are required by law to prepare and lodge a profit and loss statement, balance sheet and an auditor's report annually. "Licensees must do this to prove that they have the financial resources to provide the services covered ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... Practitioners Board has found 74 tax practitioners to be engaging in "concerning behaviour", including using fraudulent SMSF Auditor Numbers (SANs). In 2019, the ATO started a compliance campaign that involved reviewing SMSF annual returns. It found ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... maintained this level of financial resources over two consecutive financial reporting periods, despite reminders from its auditor about the financial requirements of its AFS licence," the regulator said. "Under the Corporations Act, ASIC has the power ...

SMSFs granted annual return extension

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... the decision in the wake of the financial effects of the COVID-19 outbreak. "The requirement for an SMSF to appoint an auditor 45 days before lodgement of their annual return will place pressure on SMSFs to meet upcoming lodgement deadlines," it said. ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
... they failed to meet independence and auditing standards, and failed to comply with CPD requirements. Queensland based auditor Ken Hacker was disqualified for his "significant auditor independence breaches, deficiencies in auditing asset valuation and ...

Count Financial bolsters leadership team

ALLY SELBY  |  MONDAY, 6 APR 2020
The former head of compliance and professional standards at IOOF has joined the leadership team of Count Financial. Phil Creswell joins Count Financial as its new head of professional standards from April 14. Creswell previously worked with Countplus ...

ASIC cancels slew of AFSLs

JAMIE WILLIAMSON  |  FRIDAY, 3 APR 2020
... comply with financial services laws and its own AFSL conditions. The company failed to lodge annual financial reports and auditor reports for 2017, 2018 and 2019. Finally, a Queensland financial planning and stockbroking firm FS Securities had its licence ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... jurisdiction. ASIC said the investigations related to directors' and officers' breaches, insider trading and market manipulation, auditor and liquidator breaches, and breaches of licensing obligations, including Australian financial services license ...