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Showing 231 - 240 of 428 results for "Auditor"

SMSF trustee fined $40K for SIS breaches

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
... re-borrowed them again. While he tried to disguise some of the borrowing, the SMSF was audited by the ATO in response to an auditor contravention report and the full extent of the borrowing was revealed. The court held there were contraventions of s62 ...

PMIIG licence cancelled

MARK SMITH  |  FRIDAY, 5 AUG 2016
... competence to provide services covered by its licence; did not comply with the requirements; failed to lodge financial and auditor's reports on time; and did not advise the regulator of breaches within 10 business days. "ASIC takes compliance with these ...

Bentley renews call for Keybridge director dismissal

ALEX BURKE  |  TUESDAY, 26 JUL 2016
Bentley Capital has updated its reasons for dismissing Keybridge chair Andrew Moffat and electing Bentley representatives to the Keybridge board. In an ASX statement, Bentley said that it is now the second-largest Keybridge shareholder, surpassing Viburnum ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
... cancelled Etern Wisdom's AFSL on 6 June 2016 after ASIC discovered the firm had failed to lodge financial statements, auditor reports and auditor opinions over consecutive years and failed to advise ASIC in writing, within 10 business days, of becoming ...

ASIC threatens SMSF auditors with cancellation

MARK SMITH  |  WEDNESDAY, 29 JUN 2016
... ensure that they are aware of and meet their obligations face the risk of losing their registration." An unregistered auditor is not permitted to audit an SMSF. Conducting an audit of an SMSF when not permitted to do may have further serious consequences ...

SMSFA collaborates for education program

KERRIE SYDEE  |  WEDNESDAY, 20 APR 2016
... the Association's highly sought-after industry designations, including the SMSF Specialist Advisor and SMSF Specialist Auditor," said Ward. David White, director, International Centre for Financial Services at the University of Adelaide said the initiative ...

ASIC hands Allegianz six month suspension

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
... failing to comply with a number of key obligations. In a statement the regulator said that Allegianz had failed to lodge auditor reports and auditor opinions over consecutive years and failed to advise ASIC, in writing, within 10 business days of becoming ...

Kaplan and SMSFA launch postgrad qualification

DARREN SNYDER  |  TUESDAY, 22 MAR 2016
... the first subject may be eligible for the SMSF Practitioner designation. Further designations, such as SMSF Specialist Auditor and SMSF Specialist Adviser, may be available depending on elective choice. Kaplan Professional chief executive Brian Knight ...

July 1 will end the "amateur" SMSF era

ALEX BURKE  |  MONDAY, 21 MAR 2016
New entry and licensing requirements for SMSF auditors and accountants from July 1 will likely result in many funds being wound up, according to industry consultant John Wiseman. Wiseman noted that, as at December 2015, SMSFs represented 30% of the ...

Regulators coordinating efforts to protect super

MARK SMITH  |  THURSDAY, 18 FEB 2016
Australia's financial services regulators have committed to coordinating their efforts to ensure that professionals working in the country's self-managed superannuation sector are acting as they should do. In a panel session at the SMSF Association ...