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Showing 251 - 260 of 428 results for "auditor"

Treasury proposes higher regulatory levies for super funds

ALEX BURKE  |  THURSDAY, 21 MAY 2015
... processes for Australian Financial Services and Australian credit licenses, liquidator registration applications, company auditor and approved SMSF auditor registration applications. The regulator said the goal of the report is to "provide greater transparency ...

ASIC suspends Dunfo Capital AFSL

ALEX BURKE  |  MONDAY, 16 MAR 2015
... Licence until 31 August 2015. Formerly known as GSM Financial Group, Dunfo Capital 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 ...

Pro-active, timely responses avoid SMSF penalties

MARK SMITH  |  THURSDAY, 19 FEB 2015
... offer as to how to fix the breach don't help their standing with the regulator. "Some advisers react by sacking their auditor. That is not going to look very good to the ATO if that is your first action." She also urged advisers to call, rather than ...

SPAA rebrands as SMSF Association

ALEX GAMBOTTO-BURKE  |  WEDNESDAY, 11 FEB 2015
... intuitive," she argued. In operation since January 2003, SMSF Association established the first SMSF Specialist and SMSF Auditor accreditation programs, participated in the Superannuation Consultative Committee as the leading SMSF sector representative ...

ASIC acts on 440 SMSF auditors

LAURA MILLAN  |  THURSDAY, 18 DEC 2014
Self-managed super fund (SMSF) auditors who did not undertake or pass a competency exam necessary to retain their registration have seen their registration cancelled by the Australian Securities and Investments Commission (ASIC). ASIC has also disqualified ...

Court approves Premium Income Fund settlement

LAURA MILLAN  |  WEDNESDAY, 10 DEC 2014
... by PIF unit holders sought damages against the former fund manager, a number of its directors, and the compliance plan auditor (a partner of KPMG) in relation to alleged breaches of their obligations under the constitution, the compliance plan and the ...

ATO cold calling to test SMSF trustees

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
... their lodgement obligation in the first year are also likely to receive a call from the regulator, as well as those whose auditor lodges a contravention report with the ATO. "We call these trustees to discuss with them what they are planning to do and ...

SMSF court case highlights penalty uncertainties

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... residential property and then lease it to the trustees' son, as well as to buy stud cattle, a caravan and other motor vehicles. Auditor contravention reports were lodged between 2008 and 2011, but the fund was not declared non-complying at any point. ...

ASIC suspends advice firm for three months

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
... 2014. Following surveillance, ASIC found that the firm failed to lodge true and fair annual accounts, together with an auditor's report before 31 October of the relevant year, and failed to report this significant breach. The group also failed to ensure ...

BGL partners with Auditflow

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
Self-managed superannuation fund (SMSF) administration software provider BGL has integrated its Simple Fund 360 with Auditflow's auditing software. The integration of the two platforms will allow users to load data from the cloud-based Simple Fund 360 ...