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Showing 351 - 360 of 429 results for "Auditor"

Liar, liar, hedge funds on fire

MICHELLE BALTAZAR  |  WEDNESDAY, 25 NOV 2009
... to have longer lock-up and redemption periods, less likely to use external pricing and less likely to have a big four auditor," said Brown. "Other leading indicators are that they misrepresent facts most of the time; there are problems verifying statements ...

Bans and charges for advisers: ASIC

ASIC RELEASE  |  FRIDAY, 20 NOV 2009
ASIC has embarked on a major crackdown on "advisers" who have broken the law - including those linked with Westpoint, and SMSF and agribusiness specialists. ASIC has banned Craig Gerard Dangar, of New South Wales, from providing financial services for ...

Four pillars of a good hedge fund: Ashton

RUTH LIEW  |  MONDAY, 26 OCT 2009
... positions to them on a quarterly basis and they monitor what you're doing. "Next you have to have a credible, independent auditor... you have to have someone who's going to test you come audit time. "The third thing, is that your custody has to be independent ...

CalPERS endorses best practice in PE

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
... whereby limited partners, collectively, should have stronger rights to suspend, terminate or dissolve a fund. The fund auditor should be independent; and meetings of Limited Partner Advisory committees should be standardised and adhere to best practices. ...

Westpoint auditors get just desserts

ASIC RELEASE  |  TUESDAY, 18 AUG 2009
Three KPMG partners have been banned as registered auditors for periods ranging from nine to 24 months following ASIC's crackdown on their roles in the Westpoint collapse. ASIC has accepted enforceable undertakings (EUs) from three partners of KPMG's ...

Trustees must not be victimised: APRA

APRA RELEASE  |  THURSDAY, 6 AUG 2009
... super fund. APRA is alleging that by terminating the employment the QRTSA employees and terminating the engagement of the auditor of QRTSA, both of whom were also trustee directors of a superannuation fund linked to QRTSA, Baldock committed acts of victimisation ...

ASIC flags end-of-year signposts

RUTH LIEW  |  MONDAY, 29 JUN 2009
The financial services watchdog ASIC is calling on listed financial services companies to provide more disclosure on their 'going concern' assumptions, asset valuations and hedging arrangements when they file their 30 June 2009 financial reports. Following ...

Commodities trading accountant jailed

ASIC RELEASE  |  MONDAY, 6 APR 2009
The former accountant and company secretary of the now defunct commodities trading group Bustan gets a two-and-a-half-year jail term for cooking the books. Claire Horsman, who worked for the Bustan Group between 1999 and 2001 received the jail sentence ...

SPAA awards industry's best

MICHAEL HOBBS  |  FRIDAY, 13 MAR 2009
The Self Managed Super Fund Professionals' Association of Australia (SPAA) recognised the best and brightest professionals in the sector with Jenny Power and Joanne Heighway winning the Chairman's Award and CEO Scholarship respectively. At the SPAA ...

SMSFs breach asset rules

MICHELLE BALTAZAR  |  THURSDAY, 26 FEB 2009
... trustees effectively using their super fund as their personal cheque account. The latest research from SMSF administrator and auditor Partners Superannuation Services found that the top reason SMSFs breached their fund rules last year was because they ...