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Showing 21 - 30 of 69 results for "SMSF auditors"

Class launches SMSF auditor tool

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
The SMSF technology platform has launched an online tool to assist accountants in finding suitable SMSF auditors for their clients. The tool will allow accountants to request quotes from different providers that connect directly to the Class product ...

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
... Industry (Supervision) Act 1993 (SIS Act) and then referred to ASIC. Both ASIC and the ATO act as co-regulators of SMSF auditors. The ATO's role is to monitor SMSF auditor conduct and then refer matters to ASIC for further action. "SMSF auditors ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
... 2018/19 at 6.8%. More than 13,500 tax agents were used to meet SMSF tax and regulatory obligations while only 5000 SMSF auditors were engaged. In addition, there were 63% of corporate trustees, opposed to 37% of individual trustees. The data shows 55% ...

ASIC puts SMSF auditors on notice

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
The Australian Securities and Investments Commission imposed tougher registration conditions for two SMSF auditors following a slew of misconduct. William Krammer from Victoria and Yuk Wong from New South Wales have breached auditor independence and ...

ASIC cracks down on 42 SMSF auditors

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... super fund auditors, while conditions have been imposed on a further six. It comes after ASIC found a number of SMSF auditors had not maintained an appropriate level of audit experience, with all 42 auditors against whom the watchdog acted not having ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
The corporate watchdog has disqualified, suspended and added additional conditions to six different self-managed super fund auditors as it works to ensure the industry meets competency and expertise standards. Auditors from around the country suffered ...

ATO clamps down on auditor number misuse

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... on tax practitioners misusing a SAN, "more often than not there are other issues." The poor results from top 100 SMSF auditors looked at by the ATO was also a topic for discussion. "We were surprised that only 10, including yourselves [Aisbett and Fletcher] ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... Superannuation Industry (Supervision) Act (SIS Act). "ASIC and the ATO work closely together as co-regulators of SMSF auditors," ASIC said. "The ATO monitors SMSF auditor conduct and may refer matters to ASIC for possible action such as disqualification ...

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... is currently underway, which ASIC said it was assisting with. In July 2019 Tran was one of three New South Wales SMSF auditors disqualified by ASIC, with the corporate regulator ruling she was "not a fit and proper person". Tran had already been deregistered ...

Planners heed SMSF risk warning

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
... documentation. The Cam and Bear - otherwise known as 'the cheese case' - and Baumgartner cases saw the individual SMSF auditors "left to carry the can" when investments failed. "As the auditor, they had the professional obligation to ensure the ...