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Showing 151 - 160 of 428 results for "Auditor"

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 ...

ATO cracks down on SMSFs

ELIZABETH MCARTHUR  |  FRIDAY, 21 FEB 2020
... non-lodgement of tax returns by SMSFs, the top 100 SMSFs and tax planning, the top 100 auditors, high risk auditors and SMSF Auditor Number misuse. Non-lodgement among SMSFs, she explained, was an issue because it is correlated to illegal early release ...

ATO clamps down on auditor number misuse

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... Association's annual conference turned to the ATO's recent efforts to stamp out SMSFs lying about audits and misusing auditor numbers. Super Sphere director Belinda Aisbett, Elite Super director Katrina Fletcher and ATO director Kellie Grant ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... and otherwise not being a fit and proper person." Philip Shugg from Victoria has been disqualified from being an SMSF auditor for "not being a fit and proper person" noting that he was bankrupt. Greg Marlow from the Northern Territory have been suspended ...

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
A Sydney-based financial adviser has been permanently banned for allegedly transferring client SMSF funds to the trust account of a business she controlled. ASIC has permanently banned Sydney adviser Tram Tran, after it found the funds of her clients ...