Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 241 - 250 of 428 results for "auditor"

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... auditors, disqualifying a third person in as many days. James Dermody of New South Wales is disqualified from being an SMSF auditor because he signed independent auditor's reports and auditor independence declarations for two companies for the years ...

ASIC bans another SMSF auditor

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
ASIC has permanently banned an auditor from providing services to self-managed superannuation funds. Based in Sydney, Abe Samuel was found to have breached independence requirements by the regulator, specifically by auditing a fund of which he was a ...

SMSF auditor disqualified

MARK SMITH  |  MONDAY, 30 NOV 2015
ASIC has disqualified an SMSF auditor for providing untruthful statements that were deliberately misleading. Manoj Abichandani of New South Wales was also deemed by the regulator as not a fit and proper person to be an approved SMSF auditor. ASIC imposed ...

ASIC revenue and investigations decrease in 2015

ALEX BURKE  |  MONDAY, 2 NOV 2015
ASIC reduced its total operating expenses by 10% to $312 million in 2014-15. According to the regulator's annual report, this is due to a proportional decrease in government revenue as well as "a general reduction in staff and supplier expenditure." ...

Dunfo Capital AFSL canceled

STAFF WRITER  |  WEDNESDAY, 30 SEP 2015
... failed to demonstrate these requirements. Its licence was suspended because it failed to lodge financial statements and auditor reports for the financial year ended 30 June 2014, did not meet its net tangible assets requirements and failed to comply ...

PROFILE: BlackRock head of corporate governance Pru Bennett

ALEX BURKE  |  TUESDAY, 22 SEP 2015
... right, they should have removed that.'" There were other issues highlighted in the report. For example, KPMG was Qantas' auditor at the time, and the firm had been paid around $500,000 for their auditing services. "But they were also paid $5 million ...

SMSF Association launches accreditation

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
The SMSF Association has launched an accreditation program for financial services workers willing to know the basics of self-managed super funds (SMSFs). The SMSF Practitioner (SSP) program is a practical, foundation-based SMSF designation aimed at ...

ASIC bans auditor and adviser

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
ASIC has permanently banned an insurance adviser and disqualified an SMSF auditor. Abhinav Gupta provided insurance advice via ACE Insurance's Victorian Combined Insurance division from October 2013 to May 2014. He was not a salaried employee of Combined ...

Sherwin principal faces court for SMSF fraud

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
... Wickham Securities, Garth Peter Robertson, was charged with fraud. In June 2013, ASIC cancelled the registration of the auditor of Wickham Securities, Brian Kingston, after forming the view he failed to carry out or perform adequately and properly the ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
The Australian Crime Commission believes Stronger Super reforms implemented from 2013 have reduced illegal early release schemes run through self-managed superannuation funds (SMSFs). In its latest report, Organised Crime in Australia 2015, the commission ...