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Showing 141 - 150 of 428 results for "auditor"

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... completely outrageous then absolutely, we would challenge that. We have some steps we could take including requiring another auditor to look at the issue or issuing a direction under the Superannuation Industry Supervision act." APRA deputy chair Helen ...

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... more attractive to investors. Braun has been released on €5 million bail, and has denied any wrongdoing. The company's auditor, Ernst & Young GMBH, claims it was given false statements related to trust accounts while completing its 2019 audit. "There ...

Super fund names chief risk officer

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
... AIG (American Insurance Group) and Zurich. He has held a number of executive roles including chief risk officer, chief auditor and chief compliance officer. Since returning to Melbourne in 2018, Raftis has been working on several boards and advisory ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
Victoria was primed and pumped for the second stage of looser coronavirus restrictions after the clock strikes midnight on June 22. From 12:01 am, 50 people (increased from 20) would be allowed inside cafes, restaurants, cinemas, theatres, auditoriums ...

Platform prototypes compliance capability

ALLY SELBY  |  THURSDAY, 18 JUN 2020
HUB24 is developing a new tech capability, which it says will identify compliance issues before they happen. The specialist platform is currently working with five licensees to build the tool, including its subsidiary Paragem, which will use machine ...

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 ...